Mining

Ivory Coast Launches Hackathon for Extractive Sector Innovation

Ivory Coast  Launches Hackathon for Extractive Sector Innovation
Tuesday, 01 October 2024 19:11

On September 20, 2024, a press conference was held on the 20th floor of the SCIAM building in Abidjan to launch the first Hackathon for the Salon International des Ressources Extractives et Énergétiques (SIREXE). This Hackathon aims to foster innovation in these important sectors, organized by the Ministry of Mines, Petroleum, and Energy, and led by Mr. Mamadou Sangafowa Coulibaly. It targets Africa's youth and seeks to develop creative and technological solutions to challenges in the extractive industries.

During the conference, Madame AKA, Deputy Commissioner General and spokesperson for SIREXE, emphasized Ivory Coast's goal to make its mining, oil, and energy sectors central to economic growth. These three sectors will be showcased together for the first time in Africa, highlighting their interconnectedness. "SIREXE will feature panels, conferences, B2B meetings, side events, a TV newscast, and a golf tournament. However, one of the standout features will be the Hackathon," she noted.

The Hackathon will occur from November 27 to December 2, 2024, at the Parc des Expositions in Abidjan. It is open to students, startups, and companies from all backgrounds, with focus on Africans. The goal is to find innovative solutions for issues like identifying illegal mining sites, ensuring gold traceability, and collecting production and tax payment data for semi-industrial, artisanal, and quarry mines.

Participants will form teams of up to five members, with nine projects selected for competition at SIREXE—three projects from each sector (mining, oil, and energy). Registration is open until October 22, 2024. Teams will compete for a first prize of CFA10 million; second and third places will receive CFA1.5 million and CFA1 million respectively.

Beyond financial rewards, Madame AKA highlighted that the Ministry of Mines, Petroleum, and Energy seeks practical solutions. Winning projects will form direct partnerships with the Ministry and have their solutions integrated into ongoing initiatives.

Teams will be guided by six coaches from Ivorian public administration, each with over 10 years of experience in their fields. A jury of five experts with over 15 years of experience will evaluate the projects. To ensure transparency in the process, a justice commissioner will also be present.

Sebati CISSE, General Commissioner of SIREXE, stressed the importance of youth engagement in this competition. "You need to show creativity and determination. Don’t hesitate to push your limits and take risks. I am confident we will see exceptional projects that could transform these strategic sectors," he said.

SIREXE aims to become a leading platform for mining, oil, and energy stakeholders in Africa as part of Ivory Coast’'s strategy to develop these sectors into pillars of its economy. Under Ouattara’s rule, the country has been focusing on responsible resource management while promoting renewable energy development. 

This biennial trade show presents a significant opportunity to strengthen regional and international partnerships, secure funding, and showcase Ivory Coast’s potential. By bringing together political leaders, businesses, and investors around these vital topics, SIREXE positions Ivory Coast as a key player on the global stage.

On the same topic
Egypt’s solar photovoltaic capacity could rise from 2.9 GW in 2025 to 34.3 GW by 2035, according to GlobalData. Total renewable energy capacity could...
Africa’s natural gas consumption rose 4% to 185 billion cubic meters in 2025, driven by power and residential demand. North Africa led...
In 2024, Niger stripped GoviEx, now known as Atomic Eagle, of the Madaouela uranium project. As efforts to address what the company considers a grievance...
Rio Tinto, Angola launch joint venture for Chiri diamond project Site could become Angola’s third producing mine, minister says Move aligns...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
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.