The Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, called on Tuesday, June 9, 2026, in Abidjan-Plateau, for innovative partnerships and more inclusive financing mechanisms aimed at supporting the growth of Côte d’Ivoire’s mining sector and increasing the participation of domestic investors.

He made this appeal at the opening of a strategic panel jointly organized by the Regional Stock Exchange (BRVM) and the Canada–Côte d’Ivoire Chamber of Commerce, on the theme: “Financing the Mining Sector in Côte d’Ivoire: Challenges, Opportunities and Investment Prospects.”

In the presence of key mining industry stakeholders, financial institutions, technical and financial partners, as well as national and international investors, the Minister emphasized the urgent need to mobilize more local financial resources in order to enable Ivorian investors to fully benefit from opportunities in the mining sector.

In this regard, he praised the strategic role that the BRVM is expected to play in mobilizing capital to finance extractive activities, stating: “The sustainable development of Côte d’Ivoire’s mining sector cannot be fully achieved without appropriate financing solutions that are more inclusive and more deeply rooted in the national economic fabric.”

According to Sangafowa-Coulibaly, financing for mining projects still relies heavily on external capital, particularly for large-scale investments. Faced with this situation, he called for coordinated mobilization of all stakeholders (the State, investors, banking institutions, BRVM, development partners, and mining companies) to build a financial ecosystem that matches the sector’s ambitions.

He also reaffirmed the government’s determination to continue reforms aimed at improving sector governance and strengthening investor confidence. The forthcoming Mining Code, currently being drafted, he noted, is fully aligned with this modernization and attractiveness agenda.

For his part, the Director General of the BRVM, Edoh Kossi Aménounvé, reiterated the institution’s commitment to expanding its scope of activity to agricultural and mining commodities, while developing, in close collaboration with public authorities and sector stakeholders, innovative, attractive, and inclusive financing mechanisms for the mining and energy industries.

He noted that the BRVM is working on implementing mechanisms inspired by the Canadian model, including a dedicated segment called the “BRVM-Venture Market (BRVM-V)”, instruments backed by mining royalties, as well as a dual listing framework between the BRVM and the Toronto Stock Exchange, in order to facilitate financing for the mining and energy sectors within the WAEMU region.

The Chargé d’Affaires of the Canadian Embassy in Côte d’Ivoire, Amadou Kane, reaffirmed his country’s commitment internationally recognized for its expertise in the extractive sector to supporting efforts aimed at strengthening the attractiveness of Côte d’Ivoire’s mining industry.