Public Management

Mali begins construction of West Africa’s largest solar plant with Russian support

Mali begins construction of West Africa’s largest solar plant with Russian support
Monday, 27 May 2024 14:13

Mali has kicked off the construction of a major solar power plant with the help of Russia. This project comes after the two countries recently signed a civil nuclear agreement.

Malian Energy Minister Bintou Camara announced the construction of the solar photovoltaic plant. The facility will be the largest in West Africa, she said on national television ORTM.

"This plant, the largest in the country and even in the sub-region, will help reduce the current electricity shortage," Camara stated. The 200 MW solar plant will cover 314 hectares in Sanankoroba, near Bamako. Grigory Nazarov, director of Novawind, a subsidiary of Russian company Rosatom, said the plant will boost Mali's electricity production by 10%.

The country is currently facing a severe electricity crisis that affects various economic sectors. In recent weeks, power outages have lasted up to 18 hours a day. The director general of the national electricity company said the country needs 500 million liters of fuel to meet its electricity needs for 2024.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Nedbank launches $852M tender offer for 66% of Kenya's NCBA Shareholders holding 77.5% of capital have committed irrevocably Nine...
Draft law allows foreign insurers to enter market under ownership limits Foreign stakes capped at 40% per firm and 49% combined Reform aims...
AfDB provides €5 million guarantee to secure trade finance operations Facility targets SMEs and key imports, including essential...
Fund to finance research and structure iboga value chain Government introduces stricter rules to regulate access and use Move aims to...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.