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The event in Côte d’Ivoire aims to promote local resources and showcase the potential of Africa
The International Extractive and Energy Resources Exhibition (SIREXE 2024) conference will start tomorrow (27 November) in Abidjan, Côte d’Ivoire. It will bring together experts from the mining, petroleum, and energy sectors and leaders from across the globe, including Africa, Europe, Asia, the Americas, and Oceania.
The event will host more than 300 exhibitors, and 20,000 visitors are expected to visit over the course of the three-day conference portion of the programme to be held at the Parc des Expositions Convention Centre.
SIREXE 2024 is set to run over five days in total, with off-site visits and functions included.
Norway, renowned for its expertise in hydrocarbons and energy technologies, will be the guest country of honour at this inaugural edition.
The event aims to promote local resources and showcase the potential of the African continent on an international scale.
Organised under the patronage of the Prime Minister of Côte d’Ivoire, Robert Beugré Mambé, the event aims to “encourage private international, regional, and national investment in the extractive and energy resource sectors on the continent by creating a platform for exchange, collaboration, and investment for industry leaders in Africa and globally.”
Progress in mining, RE production
The Minister of Petroleum and Energy, Sangafowa-Coulibaly, said: “We must highlight the continent’s potential and attract investments to stimulate our economies.”
Prime Minister Mambé said that Côte d’Ivoire, with its considerable mining potential and large hydrocarbon reserves, has set itself the goal of making the extractive sector a pillar of its economic growth.
Mining production has increased considerably, and recent discoveries in the Baleine and Calao oil fields have propelled Côte d’Ivoire to the rank of a major player in the oil and gas sector.
Progress has also been made in developing the country’s renewable and conventional energy production capacities.
Côte d’Ivoire renewable energy, electricity snapshot
7 – hydroelectric dams
92% of the population has access to electricity
11% of electricity production is exported to neighbouring countries (Burkina Faso, Ghana, Liberia, Mali)
45% of the energy mix will be from renewable energies by 2030
30% reduction in greenhouse gas emissions by 2030
9% of energy production will be solar by 2025
12 new photovoltaic solar plants expected between 2025 and 2026
17 new large hydroelectric projects and 12 mini hydroelectric projects in the pipeline.
Mining crucial to GDP growth
The Ivorian government has made the mining sector an essential lever for the country’s economic growth.
In its National Development Plan 2021-2025, the sector is presented as the second pillar of the Ivorian economy after agriculture.
The government has forecast that by 2025, mining’s contribution to gross domestic product (GDP) should rise from 3% to 6%.
While gold production still largely dominates the sector, with 47 tonnes to be exported by 2024, diversification of the Ivorian mining industry is underway.
In particular, the country has revised its mining code to meet the growing global demand for critical and strategic minerals.
Recent research and exploration activities have brought promising deposits to light.
When they come on stream, the Issia columbite-tantalite (coltan) deposit and the “Atex” lithium-tantalite deposit in the Boundali region will be among the largest in West Africa.
Côte d’Ivoire’s ambition is to achieve a 45% renewable energy mix by 2030.
The government said that capitalising on abundant, cheap energy while investing massively in renewable energies is the winning strategy for industrialising the economy and improving people’s lives. |
