News Infrastructures

Côte d’Ivoire’s SIR Gets $105 Million BOAD Loan for Clean Diesel Project

Côte d’Ivoire’s SIR Gets $105 Million BOAD Loan for Clean Diesel Project
Tuesday, 14 October 2025 17:50
  • BOAD approves $105.6M for new diesel desulfurization plant in Abidjan
  • Project to cut sulfur emissions 75%, meet ECOWAS fuel standards
  • SIR aims to boost output, align with regional clean fuel goals

The West African Development Bank (BOAD) has approved 60 billion CFA francs (about $105.6 million) in financing for Ivorian Refining Company (SIR),  to build a new diesel hydrodesulfurization (HDS) complex, the regional development bank said.

The 545-billion-CFA-franc project aims to reduce sulfur levels in locally refined diesel fuel to meet a 2020 ECOWAS directive that limits sulfur content to below 10 parts per million (ppm), down from current levels exceeding 2,000 ppm.

The new facility, to be built at the Vridi refinery site in Abidjan, Côte d’Ivoire, will allow SIR to produce diesel that meets the AFRI 6 standard, equivalent to European specifications. Once operational, it is expected to cut sulfur dioxide (SO₂) emissions by 75% and improve air quality across the region.

The HDS complex will feature a distillate hydrotreating unit (DHT), a hydrogen production unit (HPU), and a sulfur recovery unit (SRU). The technology, known as Unionfining, will be supplied by Honeywell UOP LLC, a U.S.-based refining technology company.

Ivorian Prime Minister Robert Beugré Mambé broke ground on the project on Oct. 2, 2025, with commissioning planned for 2029.

BOAD said the financing falls under its “Djoliba 2021–2025” strategy, which promotes sustainable development and the energy transition across UEMOA member states. The project “will help SIR boost competitiveness while supporting environmental protection and public health,” the Lomé-based bank added.

Founded in 1962, SIR is the largest refinery in Francophone Africa, processing more than 4.3 million metric tons of crude oil each year and exporting part of its production to neighboring countries.

On the same topic
BOAD approves $105.6M for new diesel desulfurization plant in Abidjan Project to cut sulfur emissions 75%, meet ECOWAS fuel...
Ethio Telecom and TINNO plan to increase smartphone access in Ethiopia by offering affordable devices and promoting local manufacturing. Their...
• Safran invests 3.5 billion dirhams to build aircraft engine complex in Nouaceur• Facility to assemble and test 350 engines annually and create 900 jobs•...
Court upholds ICTSI’s $640M Durban terminal concession deal DCT2 overhaul to boost capacity, fix chronic port congestion Project seen as key to...

Most Read
01

• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...

UAC of Nigeria Takes Control of CHI Limited, Former Coca-Cola Subsidiary
02

• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
03

Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
04

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...

World Bank Revises Up 2025 Forecasts for Four WAEMU Countries, Amid Falling Inflation
05

IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agr...

IFC Lends $40 Million to Senegal’s Islamic Bank to Triple SME Loans
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.