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Electricity: 2.3 billion FCFA worth of investments in Mali planned over the next 5 years

10/06/2021
Categories: Sectors

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The correct supply of electricity in Mali requires an investment of 2300 billion CFA francs over the next five years. The announcement was made by the Director General of Energy of Mali (EDM), Oumar Diarra during a recent meeting with the press on the issue of the electricity sub-sector. EDM's operating constraints are linked to the supply of hydrocarbons to their power plants and the transit problem on their links. Thus, for Oumar Diarra, solving these problems requires a major investment. “We started business in November 2020, we carried out a very thorough analysis of the causes of the cuts and identified two main causes. The first cause was due to constraints on the hydrocarbon supply to our power plants. This was also explained by many other factors because we have a considerable volume of hydrocarbon consumption. Unfortunately, in 2020, all these volumes were increased to more than 85% by a single supplier who was unable to cope with them. The second cause was the transit problem on our routes. The electrical network is subdivided into three: transmission network, distribution network, and distribution network. ”, he explained. For the head of EDM, solving these problems requires a major investment of 2,300 billion CFA francs over the next five years. Oumar Diarra informs that there are 1,300 billion that are already under the cost of the Public-Private Partnership; 500 billion FCFA whose financial clause has already been made and is supported by conventional donors such as BOAD, the IDB, etc. What remains to be sought is 499 billion FCFA.

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