In brief
Côte d’Ivoire’s new Integrated Mineral Resources and Energy Policy aims to mobilise 38 trillion CFA francs by 2040 to expand mining, oil and energy, with private investors expected to fund 88 % of the investment. The plan sets targets such as 500,000 barrels per day of oil production, 11,400 MW of electricity and 150 t of refined gold, while promoting local processing and workforce participation. Implementation details remain uncertain, with questions about financing, environmental safeguards and the pace of project delivery.
Côte d’Ivoire announced its Integrated Mineral Resources and Energy Policy (PIRME) on Monday, 10 November 2026, in Abidjan, with Minister of Mines, Petroleum and Energy Mamadou Sangafowa‑Coulibaly presenting the plan. The policy seeks to mobilise 38 trillion CFA francs (about 66 billion U.S. dollars) by 2040 to develop the country’s mining, oil and energy sectors, said Xinhua. It aims to double the combined contribution of these three industries to the national GDP, targeting roughly 14 % by the end of the decade.
The PIRME framework, adopted by the Council of Ministers on 3 December 2025, outlines a flagship investment programme largely financed by the private sector, expected to contribute 88 % of the total funding, with the public sector covering the remaining 12 %. Key components include a new mineral port in San Pedro, dedicated railway lines for mineral transportation and a second oil refinery in the port city, according to the government’s statement.
Quantitative goals are steep. By 2040, the policy projects oil production of 500,000 barrels per day and a renewable‑energy‑compliant electricity mix, with installed generation capacity rising to 11,400 MW. It also expects renewables to account for at least 45 % of the electricity mix by 2030, Xinhua reported. In the mining arena, the plan sets a target of producing 150 t of refined gold and locally processing 1.25 million tonnes of manganese every year.
Localisation and workforce development are cornerstones of the policy. By 2035, the government aims to satisfy at least 95 % of the extractive industries’ demand for goods and services locally and to ensure that nationals comprise 95 % of the workforce on oil platforms and industrial mines. The strategy also emphasises strengthening the participation of local companies in industrial value chains, as well as training programmes for indigenous workers.
In addition to the formal policy rollout, Côte d’Ivoire has begun negotiating infrastructure deals. A memorandum of understanding covering mining and energy sectors was signed on 31 July 2026 in Gaborone during the SIREXE 2026 exhibition, as reported by the African Mining Market. The MOU, announced during SIREXE’s launch, signals a potential partnership framework, though specific project details were not disclosed.
Regional partners have also expressed interest. Vaalco Energy Inc., an Africa‑focused oil and gas producer, highlighted a development project that could significantly expand Côte d’Ivoire’s oil and gas production capacity, according to a Facebook post attributed to the company. The post did not provide detailed figures, but suggested that the project aligns with the country’s aim to become a net producer of hydrocarbons.
While the policy presents an ambitious roadmap, several uncertainties remain. The actual allocation of private investment and the pace at which the infrastructure projects will materialise are yet to be confirmed. Environmental protection commitments, particularly related to mining and oil extraction, have not been fully quantified in the policy text, and how the government will balance rapid development with ecological safeguards is still unresolved. Moreover, the feasibility of achieving the outlined production and renewable energy targets by the set deadlines depends on a complex array of technical, market and political variables that have not yet been clarified.