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
Gold Coast (region) more territory inland in the late 19th century after the Anglo-Ashanti wars. In 1957, the territory of Gold Coast was granted independence as Ghana. Gold Coast (region) The Gold Coast was the name for a region on the Gulf of Guinea in West Africa that was rich in gold and also in petroleum, sweet crude oil and natural gas. It now forms the country of Ghana. The Gold Coast, Slave Coast, Pepper Coast (or Grain Coast) were named after the main export resources there. Early uses of the term Gold Coast refer literally to the coast and not the interior.