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.
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...
• DY6 Metals announced a binding agreement to acquire seven rutile exploration permits, including the Yaoundé Ouest project, in Cameroon.• The...
Uganda expects 8% yearly GDP growth, driven by oil, transport, and power projects Crude output set to begin mid-2026, with production projected to...
Saviu Ventures acquires stake in Jobo Interim, deal amount undisclosed This marks the 12th investment under the Saviu II fund for African...
Algérie Télécom reached 2.5 million fiber subscribers on September 14, offering speeds up to 1.5 Gbps. Algeria's FTTH connections grew from 53,000...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...