URGENT

BIOVEA to increase incomes for 12,000 Ivorian farmers

By , based on Ivoire Actu

BIOVEA to increase incomes for 12,000 Ivorian farmersIllustrative image · Elvis KAMBIRE · Pexels · Licence Pexels

Ivorian biomass plant BIOVEA, commissioned in Ayébo with a capacity of 46 MW, is expected to help more than 12,000 farmers increase their incomes by making use of their agricultural residues. More than 1,000 permanent direct and indirect jobs are also expected from the facility, according to State Minister Nialé Kaba.

The BIOVEA biomass plant in Ayébo is expected to enable more than 12,000 Ivorian farmers to increase their incomes by making use of their agricultural residues. State Minister Nialé Kaba, representing Prime Minister Robert Beugré Mambé at the plant's commissioning, also announced more than 1,000 permanent direct and indirect jobs.

Minister of Mines, Petroleum and Energy Mamadou Sangafowa-Coulibaly said BIOVEA will make use of nearly 450,000 tonnes of residues from oil palms, supplied notably by PALMCI and local producers. The ash produced by combustion will be reused as fertiliser, while the plant's operation is expected to prevent nearly 4.5 million tonnes of CO₂ over its lifetime.

BIOVEA, a 46 MW Ivorian plant, was commissioned on 5 November in Ayébo, south-eastern Ivory Coast. It is expected to inject nearly 336 GWh into the national grid each year, equivalent to the needs of nearly 1.7 million people. The government also plans two other plants, one using cocoa residues in Divo and the other using cotton stalks in Boundiali. The 46 MW biomass plant inaugurated in Ayébo had been presented as the first Ivorian plant operating on biomass.

Share this article

Related stories

46 MW biomass power plant inaugurated in Ayébo, Ivory Coast

The 46 MW Biovéa Énergie biomass power plant has been inaugurated in Ayébo, near Aboisso, in Ivory Coast's Sud-Comoé region. Powered by oil palm residues and rubber tree trunks, it is expected to produce 348 GWh a year, covering the consumption of around 1.7 million people, according to AIP.

🇨🇮 Ivory Coast · Source: AIP ·

Uganda targets $500 billion economy by 2040

Uganda's government is counting on construction to drive the economy to $500 billion by 2040, State Minister for Finance Henry Musasizi said at the 2026 National Competitiveness Forum in Kampala. He called for investment in infrastructure, affordable financing and local entrepreneurs' capacity, according to Nile Post.

🇺🇬 Uganda · Source: Nile Post ·

Zambia proposes 39.5% tax rate above 37,000 kwachas

Zambian Finance Minister Situmbeko Musokotwane has proposed a new marginal income tax band of 39.5% for people earning more than 37,000 kwachas per month. Incomes below this threshold will remain subject to the current tax schedule, according to Zambian Watch.

🇿🇲 Zambia · Source: Zambian Observer ·

Abidjan presses on with reforms after grey-list exit

Ivorian Finance Minister Adama Coulibaly calls for continued reforms to combat financial crime after Côte d’Ivoire’s removal from the FATF grey list. He says the decision will reduce the country’s reputational risk and facilitate transactions, according to the Ivorian Press Agency.

🇨🇮 Ivory Coast · Source: AIP ·

🇨🇮 Latest from Ivory Coast

CAF Awards: Yan Diomandé and Christ Inao nominated among young playersCAF Awards: Yan Diomandé and Christ Inao nominated among young playersIvorians Yan Diomandé and Christ Inao are among the ten candidates for the 2026 CAF Awards African Young Player of the Year trophy. The two players play for Real Madrid and Fiorentina, while the ceremony is scheduled for 7 December in Lagos, according to the Confederation of African Football.All Ivory Coast news →

Business in West Africa

Nigerian central bank sets 15 billion naira capital requirement for issuersNigerian central bank sets 15 billion naira capital requirement for issuersNigeria’s central bank requires issuers to hold minimum capital of 15 billion naira for stablecoins linked to foreign currencies, notably the US dollar. New rules also set thresholds of 10 billion naira for naira-linked tokens and 1 billion for other providers, Punch reports.All Business news →

The week in Africa

This week’s highlights

  1. Goïta strengthens anti-terrorism efforts with AES🇲🇱 Mali
  2. Paul Mackenzie sentenced to 200 years for 191 murders🇰🇪 Kenya
  3. DR Congo and US review investment projects in Paris🇨🇩 DR Congo
  4. Donald Trump appoints Stephen Miller as chief of staff🇺🇸 United States
  5. Lagos power shortages stem from low generation, TCN says🇳🇬 Nigeria
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

← Back to the news