The Government of Mali has recently received close to $52 million for the construction of a 50 MW solar power plant under public-private partnership (PPP). The government of the West African country has given the temporary concession to PowerPro to develop the first phase of the project. The plant will be located in the Sikasso […]
The World Bank has approved $90 million (52 billion CFA francs) financing to improve energy development in Mali. The grant will help the Malian authorities to invest in a regional electricity access project, which aims to increase access to electricity for 1.1 million people in Mali, Guinea-Bissau and The Gambia. The project involves the construction […]
Qatar has sent 24 armored vehicles to Mali, in a move, it said, aimed at stabilizing the African country and supporting a peace agreement between the government and rebels. Military planes delivered the vehicles, the Qatari foreign ministry said, adding the shipment would help “combat terrorism and establish security not only in the Republic of […]
The EU has announced new funding totaling €125 million for the Sahel countries. The fresh injection of €125 million will be used for the swift launch of new initiatives, which are in line with the priorities set by the G5 Sahel to enhance development and security. The measures will focus on boosting the resilience and […]
Three Moroccan banks have positioned themselves in the top 5 banking groups in the West African Monetary Union (WAMU), Ecofin news Agency reported. These are BMCE Bank Group, Attijariwafa Bank, and Groupe Banque Centrale Populaire. They made the move after making acquisitions in Mali, Senegal and Côte D’Ivoire. The Bank of Africa group, owned by […]
A new jihadist group has emerged in Burkina Faso, treating teachers and students near the borders with Mali and Niger, BBC Afrique reported. According to BBC, armed men on motorbikes pulled up to a school in the small northern community of Toulfé on Monday, forced everyone on to the floor before whipping four of the […]
The UN Stabilization Mission in Mali, MINUSMA, reported on Saturday that two peacekeepers had been killed and several others wounded, following a coordinated attack at dawn, on a base in the north of the country. A proliferation of armed groups fighting government forces and their allies in the center and northern areas of Mali following […]
The UN has reiterated its call on Algeria to immediately halt summary expulsions of African migrants, as authorities in the North African country continue to round up and expel thousands to Niger in harsh desert climate. The appeal was made by UN Special Rapporteur on migration Felipe González Morales, following his official visit to Niger; […]
The West African Development Bank (BOAD) has pledged to invest about 50 billion CFA francs to support climate projects in the region. The information was disclosed by the Head of the Climate Finance Division at BOAD, Ibrahima Traoré. The financial institution is mobilizing 45 billion CFA francs to finance any structuring project, public or private, […]
As climate change, poverty, violence… and other countless challenges hamper the stability and development of Mali and the Sahel region, a high-level event on Wednesday explored progress made in the implementation of the UN Support Plan for the Sahel (UNSS), and galvanized renewed commitment for the Malian peace process initiated in 2015. A few weeks […]
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