Cote d’Ivoire’s energy demand is expected to grow at 8% annually, reaching about 9,500 GWh by 2020. In 2017, the country also supplied 1,190 GWh to six neighboring countries. In order to face a continued demand growth for electricity domestically as well as from its neighboring countries, the government is planning additional investments in generation capacity.
On October 17, 2019, the Government of Côte d’Ivoire engaged IFC as lead transaction advisor for a 60MW solar project under the Scaling Solar program.
This commitment is in line with Côte d’Ivoire’s target to generate 42% of its electricity from renewable energy by 2030.