Mali wants to invest a little more than XOF10,000 billion ($17.19 billion) in the infrastructure sector, Soumeylou Boubèye Maïga, the country’s prime minister announced during a meeting with the private sector on February 15, 2019.
According to the minister’s statements reported by the government’s website, half of these funds (XOF5,000 billion) will be invested in road infrastructures and for the creation of a special economic zone in Sikasso. In the framework of these infrastructures development projects, a 1,075-kilometer road will be built linking Timbuktu (Mali) to Mauritania along with the fourth bridge in Bamako and a viaduct on Niger river. The 710 kilometre road linking Mali to Senegal will also be renovated.
For the official, the private sector’s help is needed to implement this investment programme. “I announced to my interlocutors [the private sector’s representatives] the government’s will, with their help and support, to invest …. In an ambitious infrastructures development programme”, Soumeylou Boubèye Maïga said.
If materialized, this investment could help bridge the country’s infrastructure gap estimated at $283 million per year (in the water sector mostly).
Mouka Mezonlin
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
Tourist arrivals to Africa rose 8% in 2025, the highest global increase. The continent welcomed 81 million international tourists during the...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border transfers and multiple financial services. The...
Algeria and Italy signed university partnerships to strengthen research, entrepreneurship, and academic mobility between the two countries. The...
TVS Motors is in discussions to build its first African motorcycle and tricycle manufacturing plant in Egypt, according to the Egyptian Investment...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...