Côte d’Ivoire plans to mobilise CFAF38 trillion in investment across mining, oil and energy by 2040, with 88% of the financing expected from private investors. Mines, Petroleum and Energy Minister Mamadou Sangafowa-Coulibaly presented the funding framework for the integrated policy, known as PIRME, in Abidjan on Monday, 9 November.
The government expects public funding to cover the remaining 12%. Adopted in December 2025, the policy brings investment and reform priorities in the three industries together over 15 years, including energy infrastructure, resource production and domestic processing.
The proposed investments are divided into three periods. Details presented in Abidjan allocate CFAF11 trillion to 2025-2029, CFAF21 trillion to 2030-2035 and CFAF6 trillion to 2036-2040. The middle phase accounts for more than half of the programme’s projected spending.
One strategy for mining, oil and power
Energy would receive 41% of the investment, hydrocarbons 29% and mining 30%, according to the breakdown reported by Afrimag on 10 November. The government aims to double the three sectors’ contribution to national output from about 7% to 14% by 2040 while developing stronger links between extraction, manufacturing and agriculture.
Five programmes will bring together major projects and reforms. The ministry highlighted African Development Bank-backed corridors for processing critical minerals, expanded regional electricity interconnections and the proposed Atlantic African gas pipeline linking Nigeria and Morocco.
An intersectoral monitoring committee has been established to oversee implementation. Sangafowa-Coulibaly also announced plans for independent mining and hydrocarbons regulators, while state companies PETROCI and SODEMI are undergoing reforms and the business model of CI-ÉNERGIES is under review.