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
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Fossil fuels still account for about 80% of electricity generation Fragmented grid limits renewable integration across islands IRENA outlines storage,...
Surge in DDoS attacks targets government and private platforms More complex methods make attacks harder to detect and contain Experts warn of broader...
Government aims to electrify 10% of its vehicle fleet by 2030 Plan backed by EU-funded low-carbon transition project Market remains...
NDPC convenes 9 African countries in Abuja (May 4–5, 2026) for data protection peer exchange Meeting brings together ECOWAS, CEMAC, IGAD and...
In the far north of Cameroon, near the Nigerian border, lies Rhumsiki, a destination that feels almost untouched by time. Set within the Mandara...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...