On the 26th of October 2023, in the framework of the Sustainable Growth of Businesses in Africa: Focus on Competitiveness event organized by the Confédération Générale des Entreprises de Côte d'Ivoire (CGECI), RES4Africa Foundation and the European Investment Bank will hold the side-event Creating a Competitive Renewable Energy Sector in Côte d’Ivoire. The physical gathering will take place at the Sofitel Hotel Ivoire Abidjan from 02:00 PM – 06:00 PM.
Côte d'Ivoire has made considerable efforts towards diversifying its energy mix, with a particular focus on renewable energy sources. The government has set a target to reach 42% of renewable energy in the country's electricity production by 2030, of which 16% is expected to come from non-hydro RES. With its abundant resources and growing investments in the sector, Côte d'Ivoire is well suited to take on this challenge, significantly increasing renewable energy production and creating economic opportunities in urban and rural areas. These efforts towards sustainable and inclusive development have positioned the country as a promising destination for renewable and infrastructure energy projects, attracting international investments and partnerships. As the energy sector continues to evolve, Côte d'Ivoire has the potential to become a key player in the global shift towards renewable energy.
For this reason, following up on a first stakeholder engagement mission in October 2022, RES4Africa and the European Investment Bank would like to support Côte d’Ivoire in pursuit of its green transition goals through a tailored side event that will capitalize on the existing network and contacts. This gathering will bring together these stakeholders to discuss the opportunities in Côte d'Ivoire's renewable energy sector and its potential to become a competitive player in the region. It will also mark the launch of a report, developed and published by IRENA Coalition for Africa, and co-authored by RES4Africa Foundation and Enel Green Power, focused on ramping up renewable energy investments in West Africa