Mali wants to invest a little more than XOF10,000 billion ($17.19 billion) in the infrastructure sector, Soumeylou Boubèye Maïga, the country’s prime minister announced during a meeting with the private sector on February 15, 2019.
According to the minister’s statements reported by the government’s website, half of these funds (XOF5,000 billion) will be invested in road infrastructures and for the creation of a special economic zone in Sikasso. In the framework of these infrastructures development projects, a 1,075-kilometer road will be built linking Timbuktu (Mali) to Mauritania along with the fourth bridge in Bamako and a viaduct on Niger river. The 710 kilometre road linking Mali to Senegal will also be renovated.
For the official, the private sector’s help is needed to implement this investment programme. “I announced to my interlocutors [the private sector’s representatives] the government’s will, with their help and support, to invest …. In an ambitious infrastructures development programme”, Soumeylou Boubèye Maïga said.
If materialized, this investment could help bridge the country’s infrastructure gap estimated at $283 million per year (in the water sector mostly).
Mouka Mezonlin
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Keith Hill appointed chairman as company reshapes governance Brings decades of experience in African oil exploration Move comes as Eco Atlantic...
$500 million IDA credit to support small farmers and agribusiness Project targets key crops including rice, maize, cassava, and soy Initiative aims...
Stéphane Richard joins MTN board as independent non-executive director Appointment signals focus on governance and long-term strategy Move comes as...
Estimated resources rise to 1.38 billion barrels of oil equivalent Volumes remain contingent, not yet classified as recoverable reserves New drilling...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...