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.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...