Mali has signed several agreements with Chinese companies, signaling the start of a new "strategic partnership" between the two nations. This was announced during the 9th Forum on China-Africa Cooperation, with Chinese President Xi Jinping meeting Malian President Assimi Goïta on September 2.
"I propose raising Sino-Malian relations to a strategic partnership to continue building on our traditional friendship and writing new chapters of solidarity and cooperation," Xi said.
One of the key agreements is a memorandum of understanding between the Malian Broadcasting and Transmission Company (SMTD) and Huawei to speed up the "Digital Mali" project. Another deal involves TBEA, a company that has been operating in Mali for five years, which plans to build a 100 MW solar power plant and a transmission line in Kénièba, Kayes region.
Mali’s Minister of Energy and Water, Bintou Camara, also mentioned ongoing talks with PowerChina for two solar power plants at Safo 1 and Safo 2, with a combined capacity of 105 MW. PowerChina previously worked on the Félou and Gouina hydroelectric dams and the expansion of President Modibo Keïta International Airport in 2017.
In addition, a military equipment contract was signed between Mali and Chinese defense company Norinco. This deal includes training, technology transfer, and military support.
Foreign Minister Abdoulaye Diop held talks with officials from the China International Development Cooperation Agency, resulting in a memorandum for building a solar power plant in Koulikoro with Beikai Zhongdian Group.
China has long been an economic and trade partner of Mali. According to the International Trade Center, the two countries exchanged over $814 million in goods in 2022, with Mali’s imports from China accounting for $802 million. While trade figures have dropped in recent years, both countries aim to expand their economic ties in the future.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...
Tinubu approves partial write-off of NNPC debts to Nigerian government Decision cancels $1.42 billion and 5.57 trillion naira obligations Move...
Djibouti, Egypt sign port, logistics and energy cooperation agreements Deals include 23-MW solar plant to power Doraleh port operations Aim is to cut...
Algeria launches $207 million tire factory project in Touggourt Plant targets 5 million annual units, boosting industrial self-sufficiency Move...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal insertions, urges suspension and investigation Government...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...