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
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
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.