[co-author: Joachim Mowinckel]
On 1 January 2021, the 12-year agreement signed last October between the Government of Ivory Coast and the country’s integrated electricity utility CIE (Compagnie Ivoirienne d’Electricité) became operational, establishing one of the first incentive-based regulatory regimes in Africa. FTI Consulting acted as advisor on economic and financial aspects to help achieve the Government’s goals: to improve quality of supply, increase cost efficiency and transparency, prepare for sector liberalisation, and establish a clear and dynamic remuneration mechanism.
In 2019 and 2020, FTI Consulting helped define an entirely new regulatory regime for the Ivorian electricity sector, aiming at improving service quality for the Ivorian population, reducing costs, and increasing accountability.
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