News Industry

Côte d’Ivoire Secures $36 Million Loan to Fund Energy Efficiency Program

Côte d’Ivoire Secures $36 Million Loan to Fund Energy Efficiency Program
Friday, 03 October 2025 11:13

• Côte d’Ivoire signed a CFA20 billion ($35.8 million) loan deal with Germany’s KfW to finance an energy efficiency program.
• The program will replace 31,000 public street lamps in Abidjan with LED lights and renovate government buildings.
• Authorities expect to save 24,148 MWh annually, cut state electricity costs by $3.9 million and reduce 9,631 tons of CO₂ emissions per year.

Côte d’Ivoire has stepped up efforts to integrate energy efficiency into national policy. Authorities said on October 1 they ratified a loan agreement worth over CFA20 billion ($35.8 million) with German development bank Kreditanstalt Für Wiederaufbau (KfW) to fund the “Energy Management Program.”

Officials said the program aims to reduce government electricity bills and enhance public safety with improved lighting.

The plan includes thermal and energy audits as well as renovation work in several public buildings, including the ministerial block. It also provides for the replacement of 31,000 public street lamps across greater Abidjan with low-consumption LED lights.

Authorities expect the program to deliver significant results. They project annual savings of 24,148 megawatt-hours, equivalent to a CFA2.2 billion ($3.9 million) reduction in state electricity costs. The initiative is also forecast to cut greenhouse gas emissions by 9,631 tons of CO₂ per year.

The program forms part of Côte d’Ivoire’s National Energy Plan. The strategy strengthens the resources of the National Energy Management Fund (FONAME) and introduces measures such as mandatory energy audits for large consumers, mandatory labeling for electrical equipment, and efficiency requirements for new buildings.

The government said these measures underpin the national strategy and support efforts to achieve a 45% share of renewables in Côte d’Ivoire’s power mix by 2030.

This article was initially published in French by Abdoullah Diop

Adapted in English by Ange Jason Quenum

 

On the same topic
(PRESIDENCE DE LA GUINEE) - As part of the implementation of the vision championed by His Excellency Mamadi DOUMBOUYA, Head of State, the Minister...
In its search for financing to build the Dasa uranium mine in Niger, Canada’s Global Atomic is now considering a new state-backed partner. Already in...
South Sudan says it secured an accord with Sudan’s army and RSF to safeguard Heglig Juba reports authorization to deploy forces as fighting threatens...
The partners plan 1,300 MW of new capacity from solar and coal in Zambia Investments aim to stabilize the grid and support industrial and mining...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
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.