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
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
The World Bank is preparing a $250 million grant-funded project to support SME financing in Niger. The project aligns with Niger’s national...
The African Development Bank approved a $16.5 million loan to finance a 35-MW geothermal plant in Kenya. The OrPower Twenty-Two project will sell...
Ghana may revive syndicated bank loans to finance cocoa purchases after abandoning the system in 2024. Lower global cocoa prices reduced traders’...
Nigeria and Turkey signed eight legal instruments and a joint declaration on January 27, 2026. The agreements cover diaspora policy, media, higher...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...