Mali will benefit from $1.9 million, provided by the USAID’s West Africa Trade and Investment Hub (WATIH). The resource will be channeled through the local agribusiness Mali Shi SA and Yolélé, an African food company based in the U.S. that creates income opportunities for smallholders by connecting them with global markets for traditional climate-resilient ingredients like fonio.
According to available information, the project could generate 13,714 jobs and increase farmers' export revenues by up to $4.5 million. This is a relief for Mali, which is currently boycotted by the regional and international community over delay in elections. Due to conflicts, farmers only have access to 5% of the country’s total cultivable land, estimated at 145.2 million hectares by the IFAD in 2020.
Agriculture is a key contributor to Mali’s GDP, but the sector began to wane with political unrest and reduced funding. Another challenge facing the country is the battle between France and Russia over the Wagner rumor and the announcement of a teachers' strike.
Despite this situation, Frantz Tavares, PPP manager for WATIH, believes that “Mali is full of opportunities to support economic growth through private investment, create long-term jobs for small-scale farmers and increase exports of products such as fonio to the United States.”
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Faure Gnassingbé visits agricultural zones in northern Togo Government pushes for greater food sovereignty and self-sufficiency Farmers receive...
AD Ports signs 30-year concession to build dry bulk terminal in Douala €73.4m investment planned for first phase between 2026 and 2028 Project aims to...
Mobile games account for 87% of gaming in Africa, although the share of console and PC gaming is expected to grow as hardware becomes more affordable and...
As African countries accelerate the digitalization of civil registries, elections, and public services, biometrics is becoming a key pillar of state...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...