How to get access to the petroleum sector in Ivory Coast?
Access to the petroleum sector in Ivory Coast is granted to companies having the required technical and financial capabilities. Block awarding is decided by the Government on a discretionary basis either by tender procedure or by direct negotiations with the MMPE. Complete applications are submitted to the CIP though the CEPICI.
What products does Ivory Coast produce?
Ivory Coast produced, in 2018: In addition to smaller productions of other agricultural products, like coffee (88 thousand tons) and pineapple (50 thousand tons). Ivory Coast is among the world’s largest producers and exporters of cocoa beans and palm oil.
Why is Ivory Coast a good place to buy cocoa & palm oil?
Ivory Coast is among the world’s largest producers and exporters of cocoa beans and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and to weather conditions.
Does OHADA apply to oil & gas companies in Ivory Coast?
Uniform Acts adopted by the Organisation for the Harmonisation of Business Law in Africa (Organisation pour l¡¯Harmonisation en Afrique du Droit des Affaires or ¡®OHADA¡¯), of which Ivory Coast is a Member State, apply to companies carrying out oil and gas activities in Ivory Coast, especially the OHADA Companies Act.