India–Ivory Coast relations SODEMI (Ivorian state-owned company for mineral development) have entered into a joint venture agreement (JVA) for the development of Mount Nimba Iron ore deposits in Ivory Coast (West Africa). The Mt Nimba deposit, spread over 3 countries - Liberia, Guinea and Ivory Coast, is one of the biggest in the Africa. With Ivory Coast still maintaining its status as the economic powerhouse of French West Africa, India is looking to open new factories in the country. Ivory Coast's Minister of Mines, Energy and Petroleum, Monnet Leon, has also urged India to make use of Ivory Coast's vast mineral resources, including
British West Africa colonial banking often disadvantaged the colonies as producers of commodities. Even after its final dissolution, a single currency, the British West African pound, was in effect throughout the region—including Nigeria—from 1907 to 1962. Nigeria gained independence in 1960. Sierra Leone was self-governing by 1958 and gained independence in 1961. Gambia gained independence in 1965. In 1954, the British Gold Coast was allowed by Britain to self-govern and in 1957, the Gold Coast was given independence from Britain, under the name Ghana. British West Africa British West Africa was the collective name for British colonies in West Africa during the colonial