Following an evaluation conducted in April 2023, Côte d'Ivoire achieved a score of 80.5 out of 100 in its implementation of the Extractive Industries Transparency Initiative Standard. This score highlights areas where the country can further improve its management of extractive resources.
This week, the Ivorian government approved a decree establishing the National Council for Extractive Industries Transparency Initiative (CN-ITIE), detailing its structure and functions. This restructuring aligns with recommendations from the EITI's assessment of the country in April 2023.
In a statement from the Council of Ministers on April 17, it was noted, "This decree notably strengthens the participation of extractive companies, civil society, technical and financial partners, as well as researchers in the bodies and meetings of the CN-ITIE, aiming to ensure transparency in the management of national mining and energy resources in line with EITI process standards."
Following Côte d'Ivoire's evaluation score of 80.5, the EITI proposed various measures to local authorities to enhance EITI Standard implementation. These recommendations include enhancing the representation of NGOs within the "civil society" component of the CN-ITIE and bolstering the capacities of this segment. Additionally, the EITI Board suggested disclosing the ultimate beneficiaries of all companies holding or applying for extractive licenses and leveraging EITI disclosures to stimulate discussions and support reforms.
Established in 2003, the EITI aims to improve natural resource management, governance, and accountability in the public and extractive industry sectors. The organization has been instrumental in highlighting opaque or unfavorable mining contracts to governments. A recent example is in the DRC, where the EITI assisted the Congolese state in securing an additional $4 billion in an agreement with China.
Emiliano Tossou
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Qatar’s Emir visited Rwanda and the DRC as Doha deepened its mediation role in the conflict while expanding major economic commitments in both...
China lifts its market share from 23.8% in 2016 to 52.5% in 2024, gaining 28.7 points. Imports of industrial machines more than double, rising...
The NICTBB backbone already covers 78% of Tanzania and receives 73 billion TZS (≈ USD 30 million) for its next expansion phase. Tanzania is...
Glencore’s attributable production falls to 122,000 barrels over nine months, down from 176,000 barrels in 2024. Cameroon’s government revises...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...