Côte d'Ivoire's solar power goals

Côte d'Ivoire plans to add 925 megawatts of new solar power capacity by 2030, a significant increase from the 42 megawatts planned for 2026. This target is part of the country’s broader strategy to expand renewable energy while also developing its oil and gas industries.

SIREXE 2026 event focus

The second edition of the International Extractive Resources and Energy Fair (SIREXE) will take place in Abidjan from November 18 to 22, 2026. The event will focus on infrastructure, funding for the energy transition, economic independence, and supporting African companies in the energy sector.

Investment contracts and energy goals

Following the first SIREXE in 2024, where nearly 4,000 billion CFA francs in investment contracts were announced, the focus now is on implementing these agreements. Côte d'Ivoire's National Energy Pact, adopted in 2025, outlines goals such as achieving 45% renewable energy in the electricity mix and universal electrification by 2030.

Expert insights and technology showcase

At SIREXE 2026, energy historian Daniel Yergin and economist Philippe Chalmin will speak on geopolitical issues related to oil and gas. The fair will also highlight new technologies in mining and clean energy, with an exhibition space three times larger than in 2024.

New fund for resource management

Côte d'Ivoire has established the Strategic Sovereign Development Fund (FSD-CI) with an initial capital of 100 billion CFA francs. The fund aims to convert extractive industry revenues into public savings, infrastructure funding, and a financial buffer for the country.

Local content and funding initiatives

SIREXE Invest, a new initiative at the fair, will focus on securing funding for projects rather than just finding partners. Regulatory changes since 2022 have increased local participation in the hydrocarbon sector, with 650 Ivorian companies authorized in this area as of early 2025.

Regional economic updates

Other news includes reports that Zimbabwe’s inflation may reach 3.9% in 2026, according to Afreximbank. The Central African States Development Bank has issued its first international bond, and Angola and Namibia have signed eight legal agreements to boost bilateral cooperation. JPMorgan Chase has also deposited $37.6 million to apply for a banking license in Nigeria.