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$40 Million Financing to Expand Renewable Energy in Mali

By Sanna Camara Communication & Renewable Energy Infrastructure (CREI), the energy division of Ieng Group, has secured $40 million in bridge financing to expand renewable energy systems for telecom towers in Mali. This financing is part of a larger $59 million investment by CREI and its financial partners to modernize Mali’s telecom energy systems. The […]

Russia Steps Up To Boost Alternative Energy, Geological Exploration Projects for Mali

by Sanna Camara A memorandum of understanding was signed between Russia and Mali in October 2023, outlines cooperation in nuclear infrastructure development, personnel training, and the use of nuclear energy for peaceful purposes. This agreement between Mali and Russia focuses on exploring the construction of a small-scale nuclear power plant in Mali, to address energy […]

Mali’s Energy Deficit Forces High Dependence on Fossil Fuel

By Sanna Camara The energy supply deficit in Mali is a growing concern for development experts, as country grapples with high energy poverty that forces majority of its rural population to rely on fossil fuel sources for basic needs like daily cooking for tens of thousands of households. The African Energy Summit held in Tanzania […]