Thanks to new financing of more than U.S. $28 million, approximately 12,500 people living in Mali's rural areas will soon be connected to the electricity grid for the first time.
Mali Tender and Business News
Geodrill, a West African drilling company, has secured its second significant long-term drilling contract with Colorado-based Newmont Mining Corporation, one of the world’s largest gold producers.
French energy developer ENGIE, via its African subsidiary (www.ENGIE-Africa.com), has agreed to acquire Afric Power and Tieri (www.Tieri.com), two companies specilizing in energy services in West Africa.
The Regional Energy Co-Operation Summit 2018 coming up January 24-25 in Abidjan, Cote d'Ivoire, is finalizing its agenda.
The Airport Assistance Company of Mali, ASAM S.A. (www.ASAM-mali.com) was certified as an an Approved Maintenance Organization with the ability to offer line maintenance services in West Africa for Boeing 737 and Airbus A320 aircraft at the Modibo Keita-Sénou international airport in Bamako, Mali.
What was originally labeled as a 'crazy idea' involving a genome fingerprinting research project, and involving Italian researchers and Swedish funding, has produced a kind of drum wheat which can survive the climate-change extreme heat currently causing famine in Senegal, Mauritania, and Mali. It won the 2017 OLAM Prize for Innovation in Food Security.
The United States just pledged up to $60 million dollars to support the counterterrorism efforts for the G5 Sahel Joint Force.
The West African Economic and Monetary Union (WAEMU), based in Burkina Faso and representing 8 member states, signed a $155 million package for the World Bank, The West African Development Bank and the West African regional mortgage refinance company (CRRH-UEMOA) to create affordable housing finance throughout the WAEMU region.
Hong Kong-based QNET (www.QNET.net), a player in the US $200 billion global direct selling industry, announced it is entering the Eastern African direct selling sector with its first local agency in Tanzania.
The Food and Agriculture Organization (FAO) and the African Development Bank (AfDB) have begun a new major collaboration initiative to help transform precarious situations in the desert part of Africa into developmental opportunities. It is called the 'Desert to Power program', and will be deployed to 11 countries including Sudan.
Senegal-based African fintech company InTouch (www.InTouchgroup.net) recently reached a deal with France-based Total, a global provider of oil, gas and solar energy solutions, and Worldline, a French e-payment service provider. The deal will bring rollout of InTouch's 'Guichet Unique" payment solution to eight African countries.
Endeavour Mining, a gold producer based in Côte d'Ivoire, is acquiring UK-based Avnel Gold Mining, owner and operator of the Kalana gold mine and concession in Mali, for $122 million.
A new competition was just launched to find and support providers of innovative and scalable financial products and services that improve the lives of poor people in rural areas of Africa.
A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.
The International Atomic Energy Agency, with headquarters in Vienna, Austria, has completed an extensive study of the drought situation in Africa. In a report published on May 29 on the analysis, the information shows significant reserves of good quality water are in fact still available in Africa's drought-prone Sahel region.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
24 new development projects were just launched under the 2016-17 round of Australia's Direct Aid Program to Africa (DAP).
A group of African organizations and international NGOs with a presence in Africa are urging Zambia to reaffirm its membership in the International Criminal Court. They do so saying it is the best way to advance justice for victims of atrocities.
During the Opening Ceremony of the Gender Pre-Summit on January 24 in Addis Ababa, Ethiopia, the Kwame Nkrumah Regional Awards for Women 2016 were presented to top African women scientists at national, regional and continental levels.
Mali has many things to set it apart from other countries in its regional assets and people. A recent report by Partnership Africa Canada (www.PACweb.org) has unfortunately added one more distinguishing note the country probably wishes it had not earned: the designation of West Africa's illicit gold trading hub, a consequence of its lax taxation practices for gold exports.
Shell's licensee in Africa, Vivo Energy, has announced a Pan-African partnership agreement with Orange across nine countries. It allows those countries where both companies overlap to use Orange Money to pay for their fuel.
During the inaugural dinner for the AfroChampions Initiative, an innovative project designed to promote African private sector champions, Gervais Koffis Djondo, Founder of Ecobank and Asky Airlines, just received a special lifetime award for his remarkable contribution to economic exchanges within the continent.
On December 7, H.E. Yun Byung-se, the Minister of Foreign Affairs of the Republic of Korea, and he AU Commissioner for Peace and Security, H.E. Amb. Smail Chergu, signed an agreement to move forward with Korea’s Pledge of Level II Hospital to the African Union Commission.
During the recent COP22 climate change conference in Morocco, the governments of Kenya, Tanzania, Mali and Senegal were highlighted, in how they use decentralised structures to get climate finance into the hands of local government and out to climate vulnerable communities who need it most.
The U.S. Global Development Lab of USAID (the U.S. Agency for International Development) just awarded $6.2 million to 12 organizations to support innovative ideas to fight global poverty.