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
Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...
• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...
• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...
Indorama to invest $210M in Senegal phosphate sector upgrade ICS to expand fertilizer, acid ...
Africa holds 30% of key minerals for green tech. Leaders urge local processing to boost value...
Release by Scatec signed two solar leasing deals: a 23.75 MWp plant in Liberia and a 40 MWp facility in Sierra Leone. The Liberian project will boost...
Ghana’s government plans to exempt import taxes on machines used for agro-food processing to cut costs for processors and boost value addition. Large...
Morocco and Russia signed a memorandum of understanding (MoU) on October 16, 2025, to establish a joint working committee between their foreign...
Congo extends 3G network to 16 rural areas under PATN plan Expansion targets 30,000 people, aims to cut digital divide The Congolese government...
The Great Zimbabwe National Monument stands as one of southern Africa’s most iconic archaeological sites, a silent witness to a thriving African...
African countries prepare to celebrate Intangible Cultural Heritage Day Planned events spotlight traditions, rituals, and cultural...