Ivory Coast: Solar Investment Opportunities
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In March 2018, SolarPower Europe launched the Emerging Markets Task Force to identify business and cooperation opportunities and thereby contribute to the energy transition in emerging markets outside Europe. Since then, the Task Force has become an active working group of nearly 100 experts from almost 50 companies, working on a suite of market reports and investigating available financing instruments for solar project development in emerging markets. The Task Force has operated through a series of physical and virtual meetings, visits in the selected markets and conferences. We have also engaged in productive discussions with other relevant initiatives such as the Africa-EU Renewable Energy Cooperation Programme (RECP), GET.invest and the IRENA Coalition for Action’s Business and Investors Group. After a year of intense work, we were proud to present the Task Force’s first report on Mozambique at the SolarPower Summit in March 2019.

This report has been prepared by Finergreen with the valuable support of the SolarPower Europe Emerging Markets Task Force. It provides an analysis of the attractivity of Ivory Coast for international investors in solar energy. Our study dwells on the demographic and macroeconomic trends of the country. It also gives a snapshot of Ivory Coast’s business environment. The report looks at the political situation of the country and evaluates the potential risks an investor might face. The Ivorian energy sector and its regulatory framework are also presented in order to evaluate the country’s capacity for the deployment of solar energy. Ivory Coast shows strong potential for the development of solar energy, especially on the northern part of the country. Recovering from a political crisis, Ivory Coast has turned into an attractive country for international solar investors.

With the support and excellent contribution of our Task Force members, we have already published reports on Mozambique, Myanmar and Senegal, and will soon publish additional reports on India, Morocco, and Tunisia. If you want to be part of this initiative and discover new business opportunities, join SolarPower Europe’s Emerging Markets Task Force.

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