United Bank for Africa (UBA) Mali has launched Sama by UBA, a money transfer and mobile payment service.
Haejeon Industrial Co., Ltd. has secured a $18.3 million contract to construct a large dam in Mali, Africa in a joint venture with industry partner Samsung C & T Corp.
United Bank for Africa (UBA) Mali launched Sama by UBA, a money transfer and mobile payment solution that was birthed through a partnership between Sama Money SA, Bamako and UBA.
PASH Global has acquired a 49.9 percent share in the solar photovoltaic (pv) farm project in Mali being developed by independent renewable energy power producer Akuo Energy.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
The new Internet Society Foundation has issued its first set of medium and large grants to 13 ground-breaking projects that seek to spread the benefits of the Internet around the world.
Education Cannot Wait (ECW) announced a new US$3.7 million tranche of funding to support education in emergencies responses in the Sahelian nations of Mali and Niger.
African projects from Kenya, Uganda, Mali and Ethiopia are among the 16 winners of The Global Resilience Partnership (GRP) innovation challenge whose focus is surfacing resilience solutions across Africa and Asia.
Bayer creates EUR 20 million social innovation ecosystem fund to spur entrepreneurship for African smallholder farmers
The Bayer Foundation launched its new EUR 20 million Social Innovation ecosystem fund by awarding EUR 3 million to four pioneering social innovators - myAgro, Mercy Corps, Path and Living Goods.
Humanitarian agencies are setting up innovative climate risk insurance policies to protect up to 1.3 million people in West Africa from catastrophic drought.
The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural areas.
IFC has announced an investment of up to €2.5 million in Mali Shi to help build the only active modern shea butter processing plant in the country.
The World Bank’s Board of Executive Directors approved a $40 million credit from the International Development Association (IDA) to strengthen the capacity and governance of the mining sector in Mali.
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa program.
Orange has partnered with KaiOS Technologies and UNISOC to launch Sanza, a $US 20 phone with voice recognition in 16 countries in Africa and the Middle-East.
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.
Gold producing company Endeavour Mining has completed the sale of its interest in the non-core Tabakoto mine located in South Western Mali to Algom Resources Limited.
The European Union is stepping up cooperation with Mali and the implementation of structural reforms to improve security, governance and access to basic services in the country.
Exploration and development company African Gold Group intends to complete a best efforts non-brokered private placement financing of up to 20,000,000 units.
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.
Gold exploration company Ashanti Gold Corp. has announced first results for Gourbassi West from the recently completed 105 hole Reverse Circulation and Diamond Drill.
Global trade enabler DP World has signed a 20-year concession with an automatic 20-year extension with the Republic of Mali to build and operate a 1000-hectare modern logistics hub outside of Bamako.
While the cities of West Africa grapple with large migratory flows, consisting chiefly of young people, they must tackle the many challenges associated with this rapid urbanization.
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
African Gold Group Inc. has started the Diamond Drill and RC Drill program at its Kobada project located southern Mali.
Marriott International today announced the opening of Sheraton Bamako Hotel marking its entry into Mali, in West Africa.
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
Organized in collaboration with the Dakar office of Dalberg, an international strategy consulting firm, a new incubation program that aims to regroup Dakar's most innovative early-stage entrepreneurs, Incuberation was launched as Impact Dakar's first incubation program.
Afreximbank targets $700m financing support for Trade, Infrastructure and Agro-Processing Development in Mali
The African Export-Import Bank (Afreximbank) will arrange $700 million multi-sourced finance to support trade and related infrastructure projects in Mali, focusing mainly on transport logistics, tourism, agro-processing and the financial sector.
Telecommunication company Orange has expressed its desire to become a key player in the energy transition sector in Africa, by providing services directly to the general public or as a wholesaler to public operators.
Nokia and Orange Middle East & Africa are rolling out a Nokia single radio access network and network management technology across seven African countries in a three-year modernization project to prepare for the launch of 4G services.
[Mali] Emerging Africa Infrastructure Fund and Akuo Energy to finance construction of largest solar plant in West Africa
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), and Akuo Energy, French green independent power produced have agreed to finance the Akuo Kita Solar power plant, to be built at Kita in southern Mali.
Belgium Deputy Prime Minister and Minister of Foreign Affairs Didier Reynders and Deputy Prime Minister and Minister of Development Cooperation Alexander De Croo have announced the opening of 4 new Belgian embassies in Africa.
[Mali] 12,500 new subscribers connected to the national grid with $ 28 million funding from African Development Bank
The year 2018 is starting well for the rural populations of Mali: nearly 12,500 new subscribers living in rural areas will soon be connected to the electricity grid.
Assistance Aéroportuaire du Mali to provide line maintenance services for Boeing 737 and Airbus A320 aircrafts in West Africa
ASAM S.A., the Airport Assistance Company of Mali has been certified as an Approved Maintenance Organization with the ability to offer line maintenance services in West Africa.
The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years.
RwandAir, the national carrier of the republic of Rwanda, will from 30th September 2017 commence three weekly operations to Conakry Guinea, Bamako Mali and Dakar in Senegal from its new hub in Cotonou (Benin).
Total and Worldline partner with African Fintech InTouch to support deployment of Guichet Unique solutions in eight African countries
Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch.
AFI KLM E&M has won the component support contract for Air Mauritius' new Airbus A350s. The long-term contract covers a total of six aircraft, the first two of which will be delivered this year.
The African Development Bank (AfDB) Board of Directors has approved a senior concessional loan of $25 million to fund the Segou Solar PV Project, Mali’s first utility-scale solar photovoltaic (PV) power plant.