Côte d'Ivoire

EITI Status Yet to be assessed against the 2016 Standard
EITI Member Since 2008
Latest Data From 2015

Overview

The country is a leading producer of gold, manganese as well as oil and gas. Yet social conflicts around mining operations has been widespread, with allegations of conflict minerals, child labour and environmental damage. National EITI implementation is supporting the government’s goals of becoming an emerging industrialised country by 2020 by building trust and supporting enforcement of regulations.

Beneficial ownership disclosure

Côte d’Ivoire’s 2013 EITI Report states that there is no legal definition of beneficial ownership in the country, nor does the government hold a register with this information. In an attempt to collect beneficial ownership information from the companies, the National EITI Council in Côte d’Ivoire applied the beneficial ownership definition used in the EU’s 4thAnti-Money Laundering Directive. Although some companies declared their legal owners, no private companies disclosed their beneficial owners. The report recommends further outreach and awareness raising to companies.

The strengthening of governance in Côte d’Ivoire is a priority for President Alassane Ouattara. Our efforts in transparency and accountability in the management of oil, gas and mining have enabled the accession of Côte d’Ivoire to the EITI.
HE Abdourahmane Cissé, Minister of Budget

Production

Côte d’Ivoire is a leading producer of mineral commodities such as gold and manganese. The country is also a significant producer of oil and gas. Ongoing development of oil and gas fields is taking place offshore. There is also significant artisanal and informal mining of diamonds and gold, in the country’s centre and West.  

Natural resources

Côte d’Ivoire has rich deposits of gold, diamonds, iron, manganese, cobalt, bauxite, nickel, natural gas and petroleum. Abundant reserves of hydrocarbons are found offshore, while gold deposits are located in the central part of the country.

CommodityReservesUnitSignificance
Oil300million barrels
Gas1.5trillion Sft3
Gold90million metric tons
Diamonds11,200,000carats
Iron3,000million metric tons
Manganese3,000thousand metric tons
Cobaltthousand metric tons
Bauxite1,200million metric tons
Nickel390million metric tons

Oil and Gas Production (Sm3 o.e.)

Initializing chart.

Mineral Production

Initializing chart.

Revenue collection

The latest EITI disclosures (2013) show that Côte d’Ivoire received USD 687 million from extractive industry taxation. Over 90% of these revenues came from hydrocarbons, mainly crude oil, with the rest from mining, with gold as the major commodity. Revenues were collected through the state’s share of profit oil (35%), PETROCI’s share of in-kind revenue (profit oil and cost oil) (31%) and signature bonuses (3.4%).

Further resources:

Initializing chart.

Revenue allocation

Municipal governments manage collect only municipal taxes and social expenditures. All other extractives revenues flow through Treasury and are allocated by the annual budget, the Loi des Finances.

Innovations

​The EITI encourages multi-stakeholder groups to explore innovative approaches to make the EITI more relevant and useful.

  • EITI Cote d’Ivoire produced a film to raise awareness about the EITI, called ''Pétrole, gas et or de la Cote d'Ivoire, combien gagne-t-on?"
  • EITI is collaborating with the Abidjan office of the Kimberley Process on diamonds.
  • EITI is providing input to the drafting of new oil and mining codes, with a view to make EITI reporting mandatory.

Implementation

EITI is updating its workplan, including plans to follow up on recommendations of EITI reporting. The Ministry of Mining and Industry has contracted Spatial Dimensions to develop an online Flexicadastre for mining.

Governance

The government issued Presidential Decree 2008-25 establishing the EITI multi-stakeholder group, known as the National Council for implementation of EITI Principles (Comité National pour la mise en œuvre des principes de l’ITIE), on 21 February 2008. Inter-Ministerial Decree 037/MEF/MMPE renewed the mandate of National Council members on 17 February 2012. The EITI is seeking to include requirements to participate in EITI reporting in new mining, oil and gas legislation.

Timeline

Validation

Cöte d'Ivoire's Validation against the Standard will commence on 1 April 2017. The country is compliant under the 2011 Rules.