• 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
Airtel Africa postponed the IPO of Airtel Money to the second half of 2026 because of market vol...
BCEAO 2025 net profit falls 14% to 588 billion CFA francs Dollar depreciation drives foreig...
Safaricom Ethiopia increased active M-Pesa subscribers by 119.4% to 5.2 million during fiscal ye...
The institution said the outlook for commodity prices remains subject to significant risks, includin...
Banks in the West African Economic and Monetary Union hold excess reserves more than three times...
Deep in the vast desert landscapes of Mauritania, far from modern highways and mainstream tourism, the ancient towns of Tichitt and Oualata stand as...
Senegal launches talks to regulate largely unmonitored private education sector Authorities seek quality standards, workforce alignment, and...
Ghana plans pilot digital trade corridor supporting AfCFTA cross-border transactions Rwanda and Zambia join interoperability tests for payments,...
In Africa, the digital transformation of finance is no longer limited to fintechs and mobile money. It is opening a new area of focus for regulators, who...
Deep in the vast desert landscapes of Mauritania, far from modern highways and mainstream tourism, the ancient towns of Tichitt and Oualata stand as...
Isaach de Bankolé and Ruth Negga joined the official jury of the 79th edition of the Cannes Film Festival. South Korean filmmaker Park Chan-wook...