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  • What role does the oil and gas sector play in Ivory Coast?
  • The oil and gas sector plays a strategic role for Ivory Coast. The country currently produces 60,000 barrels of oil per day but the short-term goal is to produce about 200,000 barrels of oil per day. The oil and gas sector plays a strategic role for Ivory Coast.
  • How much oil does Ivory Coast produce a day?
  • The oil and gas sector plays a strategic role for Ivory Coast. The country currently produces 60,000 barrels of oil per day but the short-term goal is to produce about 200,000 barrels of oil per day. This goal is expected to be reached by 2020.
  • Where does Sir refine oil?
  • SIR, the Ivorian Refining Company, refines crude and semi-finished petroleum products generally imported from Nigeria, Europe and America. SIR exports its finished products from Mauritania to Angola. The priority market for SIR is Mali and Burkina Faso prior to export to other countries.
  • Who owns the electricity in Ivory Coast?
  • CIE is a private operator which has been in charge of electricity supply across Ivory Coast since 1990. CIE operates under a leasing contract with the State, its contract has been renewed in 2005 for 15 additional years. CIE operates the State-owned generation, transmission and distribution assets and markets, imports and exports electricity.
  • Who are the top companies in Ivory Coast?
  • SIR is one of the top companies in Ivory Coast with a turnover of around 100 million Euro. It exists since 1962. SMB, the Multinational Company of Bitumen, is a company producing bitumen strategically placed to capitalize on the sub-regional demand for bitumen.
  • What is the cashew nut industry?
  • As a reminder, the cashew nut industry employs approximately 400,000 producers. It represents the 3 rd sector of the agricultural sector behind cocoa and natural rubber. Introduced in the 1960s on the African continent to combat desertification and soil erosion, cashew resists extreme weather conditions.