We have been active in economic development projects in Côte d'Ivoire since the 1960s, starting in the packaging industry. Over the last half century, the Aga Khan Fund for Economic Development (AKFED) – through the Industrial Promotion Services (IPS) – has expanded to infrastructure projects.
713 MW
Azito Energie's capacity will soon be 713 megawatts
In the 1960s, Côte d'Ivoire was focusing on cocoa as the crop that would drive its development. Yet it lacked a packaging capability and so the cocoa pods and beans were rotting on the ground. AKDN agencies had already invested in the jute industry in Bangladesh, where this fibrous plant was used to manufacture sturdy sacks for packaging local foodstuffs. Rather than importing large quantities of these sacks from Bangladesh, IPS decided to manufacture jute sacks in Côte d’Ivoire. This first packaging factory, called Filtisac, became the economic engine driving IPS in West Africa in 1965.
The Azito power facility, Côte d'Ivoire.
AKDN
As with all aspects of AKDN, investments are usually made for the long term, and hence projects need to be sustainable. Ensuring their long-term viability depends on addressing persistent infrastructural constraints. Frequently there are delays in getting harvests to the processing units, and delays in getting the processed products to customers – while the factories suffer from inadequate energy availability.
To address this, IPS has been involved in the development of the Azito power station near Abidjan since 1997. Azito is Côte d’Ivoire’s leading electricity supplier, with one of the most powerful and efficient power plants in Africa. Consistent with IPS’s key objective of sustainable development, in 2015, Azito inaugurated its third turbine, powered exclusively by waste from the two other turbines, and is currently at the final stages of completing a new 253 MW combined cycle power plant, which will bring the plant’s total capacity to 713 MW.