Empress Royalty seals $62 million deal for gold production from Côte d’Ivoire’s Tongon mine

Canadian precious metals company Empress Royalty has finalised a $62 million agreement to acquire rights to a share of future gold production from the Tongon mine in northern Côte d’Ivoire, strengthening investor exposure to the country’s gold sector.

The transaction, announced on October 19, 2026, gives Empress the rig...

Oil, Gold and Iron Ore: Natural Resources Drive Growth Prospects in African Economies

South Sudan, Guinea and Niger are expected to record strong economic growth in 2026, with oil production and mining activity playing a significant role in their outlooks, according to the International Monetary Fund’s October 2026 World Economic Outlook.

The IMF projects South Sudan’s economy to grow by 10.5% in 2026, Guinea&...

Côte d’Ivoire secures financing for 50 MW solar power plant in Kong

A solar power project under construction in northern Côte d’Ivoire has secured a long-term financing agreement involving AXIAN, the Private Infrastructure Development Group (PIDG) and Dutch development bank FMO, in a move expected to support the country’s renewable energy expansion.

The Kong Solaire project has secured...

Côte d’Ivoire plans integrated transport network to ease urban mobility and cut emissions

Côte d’Ivoire plans to expand public transport and develop cleaner mobility solutions as it seeks to reduce congestion, improve access to affordable transport and address the environmental impact of urban growth.

Prime Minister Robert Beugré Mambé outlined the government’s priorities on Tuesday at the open...

Côte d’Ivoire and Senegal report 250 billion CFA francs in cumulative trade

Trade and economic exchanges between Côte d’Ivoire and Senegal have reached a cumulative value of 250 billion CFA francs, Senegalese Prime Minister Ahmadou Alhaminou Mohamed Lo said during an official visit to Côte d’Ivoire on Monday.

Despite the volume of trade, Lo said the figure remained below expectations give...

Australian company Eminence Minerals targets five gold exploration projects in Côte d’Ivoire

Australian company Eminence Minerals has signed agreements giving it the option to acquire up to an 85% stake in five gold exploration projects covering a combined 1,508 square kilometres in Côte d’Ivoire, strengthening its presence in one of West Africa’s key gold-producing countries.

The agreements cover projects in t...

Côte d’Ivoire secures $500 million financing framework from OPEC Fund for 2026–2029

Côte d’Ivoire has signed a cooperation agreement with the OPEC Fund for International Development providing a financing framework of up to $500 million for the 2026–2029 period, as the West African country seeks to fund development priorities under its 2026–2030 National Development Plan.

The agreement was signed...

Côte d’Ivoire trains 100 SMEs to prevent and manage fire risks

Côte d’Ivoire has launched a five-day training programme to help 100 small and medium-sized enterprises (SMEs) prevent fires and respond to emergencies, as the government seeks to strengthen industrial safety and protect economic activity.

The training runs from October 19 to 23, 2026, in Abidjan under the Ministry of Commerc...

Côte d’Ivoire unveils CFAF 731 billion investment opportunities in rice sector

Côte d’Ivoire has presented 16 investment opportunities in the food-crop sector to 24 Italian companies, including 13 projects focused on rice production. The proposed rice-sector investments total CFAF 731.6 billion ($1.2 billion), with annual turnover projected at CFAF 221.2 billion once operations reach full capacity.

Bern...

Côte d’Ivoire updates petroleum regulations to tighten oversight and include biofuels

Côte d’Ivoire has adopted a new regulatory framework for its downstream petroleum sector, strengthening oversight of industry operators and safety requirements while bringing biofuels under the rules.

The decree was adopted by the government on October 14, updating a legal framework that had been in place since 1992. The down...

Côte d’Ivoire’s economy grows 4.6% in second quarter as services drive expansion

Côte d’Ivoire’s economy expanded by 4.6% year-on-year in the second quarter of 2026, supported by strong growth in services and a recovery in agricultural activity, while construction and extractive industries weighed on the industrial sector.

Real gross domestic product (GDP), adjusted for seasonal variations, reached...

IMF chief praises Côte d’Ivoire’s economic recovery