The President of Ivory Coast, Alassane Ouattara, recently announced to a joint session of parliament that oil output is expected to more than triple, rising from 60,000 barrels per day to 200,000 barrels per day. To achieve this, over $15 billion is projected to be invested in the oil sector in the country, also known as Côte d’Ivoire.
Known as the world’s top exporter of cocoa and raw…