Meanwhile they’re withholding permits to build out an...

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camban

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24/04/24

17:38

Post #: 73502968
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Originally posted by ap0n: ↑

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Mali's energy crisis: The World Bank “immediately” makes $60 million available to Mali for fuel purchases

This could be a huge breath of fresh air for Malians, who have been enduring the ordeal of power cuts for almost a year now. With a debt of over 600 billion FCFA, Société Energie Du Mali (EDM-SA) is virtually bankrupt and can no longer supply Malians with electricity. Since the end of 2023, the authorities have been stepping up initiatives to put things right. It was in this context that the Minister of Economy and Finance, taking part in the Spring 2024 Meetings of the International Monetary Fund (IMF) and the World Bank Group from April 15 to 20, 2025 in Washington (USA), seized the opportunity to present the socio-economic situation in Mali to the World Bank's Vice President for West and Central Africa, Mr. Ousmane DIAGANA, accompanied by the institution's Sector Directors and the Bank's Mali Team. At the end of these talks, Minister Alousséni SANOU announced that the World Bank had agreed to make sixty (60) million dollars available to Mali immediately, to enable Energie du Mali-SA to meet its fuel and energy purchases from OMVS countries. Translated with DeepL.com (free version)

Source (in french): http://news.abamako.com/h/292409.html

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Meanwhile they’re withholding permits to build out an independent power plant that would help improve efficiency, sustainability, self sufficiency and productivity, ultimately generating more royalties, tax proceeds & dividends for the benefit of themselves and their citizens. Where is John Cleese, I keep waiting for him to pop up to reveal this is all a ridiculous comedy sketch.

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