African Energy Chamber
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    • Eni Launches Baleine Phase 2 - a Game-Changer for Ivory Coast’s Oil & Gas (O&G) Sector
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Source: African Energy Chamber |

Eni Launches Baleine Phase 2 - a Game-Changer for Ivory Coast’s Oil & Gas (O&G) Sector

With the successful startup of Phase 2 of the Baleine field, offshore Ivory Coast, the country is well positioned to become a major energy hub in the West African region

Energy supermajor Eni has announced it has successfully kicked off Phase 2 of the flagship Baleine field, offshore Ivory Coast. Said to be the largest discovery in the country and the first net-zero emission upstream project – in terms of Scope 1 and 2 – on the African continent, this…

African Development Bank Group (AfDB)
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    • The project, supported by the African Development Bank Group, will increase the rate of socio-professional integration among young people in Côte d'Ivoire
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves €139 million loan to boost youth employment in Côte d'Ivoire

The initiative targets training more than 8,700 young people, with 50 percent being women, in five strategic sectors – renewable energy, digital economy, agribusiness, blue economy, and the textile and clothing industry

The African Development Bank Group (www.AfDB.org) has approved loans totaling €139.68 million to support youth employment and entrepreneurship in Côte d'Ivoire, targeting key sectors with high job creation potential. The loan comprised of €126.32 million from the Bank Group’s commercial African Development Bank window and €13.36 million from its concessional…

African Development Bank Group (AfDB)
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    • African Development Bank Group President Dr. Akinwumi Adesina has received the title deed of the site hosting the institution’s headquarters building in Abidjan from the Dean of the Bank’s Boards of Directors Adama Koné
    • Rising on the site of the current headquarters, the new building will showcase architectural innovation through its energy-efficient design and advanced security features, marking a new chapter in the African Development Bank Group’s presence in Abidjan
    • African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan

The executive directors unanimously approved the proposal, stating it was important for the Bank to maintain its strong presence in Abidjan and to invest in a work environment that supports the well-being of its staff

The African Development Bank Group’s (www.AfDB.org) Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a modern, state-of-the-art building to host its headquarters in Côte d’Ivoire’s commercial capital, Abidjan. The executive directors unanimously approved the proposal, stating it was important for the Bank to maintain…

EU-Africa Chamber of Commerce (EUACC)
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    • Sonia Toro, Executive Director of the EU-Africa Chamber of Commerce and Dr. Kaladji Fadiga, Director General of Agence Côte d’Ivoire Export (1)
    • Sonia Toro, Executive Director of the EU-Africa Chamber of Commerce and Dr. Kaladji Fadiga, Director General of Agence Côte d’Ivoire Export (2)
    • The European Union-Africa Chamber of Commerce and Agence Côte d’Ivoire Export sign a partnership for tangible results in support of Ivorian exports
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Source: EU-Africa Chamber of Commerce (EUACC) |

The European Union-Africa Chamber of Commerce and Agence Côte d’Ivoire Export sign a partnership for tangible results in support of Ivorian exports

The European Union-Africa Chamber of Commerce (EUACC) and Agence Côte d’Ivoire Export have signed a strategic partnership agreement focused on concrete and measurable actions to accelerate the development of Ivorian exports

This significant agreement, officially signed on December 9, 2024, reflects a shared commitment to strengthening international trade, financing, and the competitiveness of Ivorian businesses in European and global markets. A Multifaceted Partnership In accordance with Article 1 of the agreement, this collaboration is structured around four main pillars: Access to…

Ecobank Transnational Incorporated
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    • Ecobank Côte d’Ivoire and the International Finance Corporation partner to empower Ivorian women’s businesses (1)
    • Ecobank Côte d’Ivoire and the International Finance Corporation partner to empower Ivorian women’s businesses (2)
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Source: Ecobank Transnational Incorporated |

Ecobank Côte d’Ivoire and the International Finance Corporation partner to empower Ivorian women’s businesses

The Goldman Sachs 10,000 Women initiative is a free-to-access online business education programme available to women across around world

Ecobank Côte d’Ivoire (www.Ecobank.com), part of the leading pan-African financial services group, has signed a landmark Memorandum of Understanding (MOU) with the International Finance Corporation to roll out the 10,000 Women initiative to enable Ecobank Cote d’Ivoire’s women small and medium-sized enterprises (WSME) clients to build their capacity, transform and…

OPEC Fund
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    • OPEC Fund Director General, Dr Abdulhamid Alkhalifa
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Source: OPEC Fund |

The OPEC Fund for International Development (OPEC Fund) approves close to US$1 billion in new development financing

These projects will benefit countries across the globe and aim to bolster infrastructure, food security, renewable energy, economic resilience and governance in partner countries

The OPEC Fund for International Development (OPEC Fund) (www.OPECFund.org) has approved close to US$1 billion in new development financing over the last quarter of 2024, including during its 190th Governing Board meeting in Vienna today. These projects will benefit countries across the globe and aim to bolster infrastructure, food security,…

Yabx
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    • Yango partners with Yabx and COFINA to launch In-App Digital Lending Services in Cote d’Ivoire
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Source: Yabx |

Yango partners with Yabx and COFINA to launch In-App Digital Lending Services in Cote d’Ivoire

The launch of the “Driver Cash Advance” service strengthens driver engagement and enhances financial accessibility for Yango’s community, contributing to an improved experience for all users

In a significant partnership, Yango in Côte d’Ivoire, part of Yango Group, a global technology company that creates daily services, has teamed up with COFINA, a leading mesofinance institution in the country and Yabx (https://Yabx.co/), an embedded finance platform that builds credit profiles for thin/no file customers to introduce a…

African Development Bank Group (AfDB)
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    • For Burkina Faso and Mali, two landlocked countries located in West Africa, asphalting road corridors is essential for access to seaports
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Source: African Development Bank Group (AfDB) |

African Development Fund approves over €156 million for upgrase of cross-border roads connecting Burkina Faso and Mali with Côte d'Ivoire

A total of 242 km of road will be revamped in the two countries courtesy of funding from the Bank Group's concessional window and the Transition Support Facility

The Board of Directors of the African Development Fund (https://apo-opa.co/4f9eBTb) approved loans totalling €156.66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the two landlocked West African countries to Côte d'Ivoire. A total of 242 km of road will be…

African Energy Chamber
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    • African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment
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Source: African Energy Chamber |

African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment

Ivory Coast is emerging as a key oil and gas player in West Africa, with major projects like Baleine and strong partnerships driving growth and boosting production capacity

Ivory Coast is emerging as a powerhouse in West Africa’s oil and gas industry, driven by a solid regulatory framework, attractive fiscal terms and innovative partnerships. Home to significant hydrocarbon reserves and progressive policies, the country has drawn investments from leading energy companies, cementing its status as a regional hub…

Source: Economic Community of West African States (ECOWAS) |

Regional Opportunities for Transitioning to Clean Cooking in West Africa Workshop

This initiative is designed to accelerate the adoption of clean cooking solutions in the region, focusing on reducing health risks, environmental impact, and promoting economic opportunities through sustainable cooking technologies

Abidjan, November 26, 2024 – The city of Abidjan hosted the Regional Opportunities for Transitioning to Clean Cooking in West Africa workshop, organized by the ECOWAS Centre for Renewable Energy and energy Efficiency (ECREEE) with the support of the European Union and The Enterprise Agency of the Netherlands (RVO) through their partnership…