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Issue 342 - 16 March 2017

Mali: AfDB to fund Segou solar scheme

Subscriber

The African Development Bank (AfDB) board has approved funding for the 33MW Segou Solar photovoltaic (PV) project, Mali’s first utility-scale solar PV power plant (AE 305/8). The project will be funded by the Program for Scaling Up Renewable Energy in Low Income Countries (Srep), part of the multi-donor Climate Investment Funds. In addition to the $25m Srep tranche, the AfDB and International Finance Corporation are each putting in $8.4m of senior debt.

Mali
Issue 341 - 02 March 2017

Mali: Contract for Algerian firm

Subscriber

Privately owned Algerian company Amimer Energie has won a contract to supply 40MW of diesel generation capacity to Energie du Mali (EDM), establishing it as a leading supplier of generators in the Sahel as well as in Algeria. On 20 February, Amimer chairman and chief executive Amar Boukheddami and his EDM counterpart Dramane Coulibaly signed the $70m deal to install 20MW plants in Kati, 15km north-west of Bamako, and the capital’s Dar Salam district.

Mali
Issue 336 - 08 December 2016

Mali: Aksa signs PPA for 40MW HFO plant

Subscriber

Turkey’s Aksa Enerji Uretim has signed a power purchase agreement (PPA) with Electricité du Mali (EdM) to build a 40MW heavy fuel oil (HFO) power plant in Bamako, the company announced on 21 November. The PPA includes a three-year guaranteed electricity sales term, based on a euro-linked price, and EdM is providing land, fuel, licences and permits for the project, which is expected to produce up to 250,000MWh/yr. Aksa intends to use existing equipment for the project, and construction is anticipated to take five months.

Mali
Free

The Agence Malienne pour le Développement de l’Energie Domestique et de l’Electrification Rurale (Amader) has invited bids for the supply, installation and commissioning of hybrid solar-diesel plants in six rural locations. The project is financed by a loan from the World Bank’s International Development Agency and a grant from the Scaling Up Renewable Energy in Low Income Countries Programme. The plants will be installed at Kéléya, Loulouni, Garalo, Mafelé, Fourou and Yorobougoula. Bids were due by 23 November.

Mali
Issue 334 - 10 November 2016

Mali: EPC contract tendered for Kenié

Subscriber

Kenié Energie Renouvelable, a subsidiary of France’s Eranove Group, has invited prequalification bids by 30 November for an engineering, procurement and construction (EPC) contract for the Kenié hydropower project on the Niger River. Kenié Energie, in which IFC InfraVentures holds a stake, tendered unsuccessfully for an EPC contractor for the project last November. The project, to be located 35km east of Bamako, will comprise a power plant with an installed capacity of 42MW, a 1.1km-long weir on the Niger; a 2km headrace canal; a 3km tailrace channel, a power evacuation system and other related works.

Mali
Subscriber

France’s Ingerop is overseeing rehabilitation work at the Selingue and Sotuba hydropower stations, which should be fully operational by 2019. The 46.24MW Selingue hydropower station was built in 1981 at a site 130km south of Bamako on the Sarankani River, a tributary of the Niger River. Ingerop is supervising the reassembly of one of four Voith 11.56MW Kaplan turbines, which was previously rehabilitated by another engineering firm but Ingerop detected problems that needed further checks.

Mali
Subscriber

The Ministry of Energy and Water, Electricité du Mali and project company Ségou Solaire SA signed a 25-year power purchase agreement and other contracts on 9 July for a 33MW solar photovoltaic (PV) power plant in Ségou. Ségou Solaire is 50% owned by Norway’s Scatec Solar, 32.5% by the World Bank’s IFC InfraVentures and 17.5% by local project development company Africa Power 1. The project is an important milestone for Mali, where a breakthrough ceasefire agreement between the government and the Coalition of Azawad Movements was signed in June after fighting resumed early this year.

Mali
Subscriber

The Abu Dhabi Fund for Development (ADFD) announced on 13 June the signing of a $9m loan agreement with the government of Mali towards the financing of hybrid solar/diesel mini-grids for rural villages. The project will supply electricity to 123,000 people in 30 villages and reduce the cost of electricity in a country where power is mainly generated using diesel. The project is being funded as part of the second cycle of the ADFD/Irena Project Facility, which has provided concessionary loans to six renewable energy projects totalling 21MW across the world.

Mali
Subscriber

Paris-based Eranove signed a 30-year concession agreement on 18 June to finance, build and operate a 42MW hydropower plant on the Niger River. The Kenié project at Buguinéda, 35km east of Bamako, will be operated by a new Eranove subsidiary, Kenié Energie Renouvelable, owned 80% by Eranove and 20% by IFC InfraVentures. Eranove said construction would begin in 2016, and the plant would be commissioned in 2020. The project represents Eranove’s first foray into Mali, but the company is active elsewhere in West Africa.

Mali
Subscriber

Oil exploration in northern Mali was already on hold before the 2012 coup because of the security situation. While activity remains largely suspended, the government has attracted interest in the minerals and hydrocarbons potential from Qatar. “There are still pockets of resistance of certain armed groups in northern Mali. Security isn’t yet restored, we must admit,” said minister for investment promotion and private enterprise Moustapha Ben Barka. But the government is looking to the future, and the minister said he hoped Mali could begin producing oil within five years.

Mali
Subscriber

A Malian government delegation met donors at the European Commission in Brussels on 5 February to assess progress made since a conference on 15 May 2013 at which donors pledged €3.25bn ($4.4bn) to finance a recovery plan. Islamist fighters seized control of northern Mali in 2012 following a coup in Bamako. They were driven back by French military intervention, and civilian rule was re-established in mid-2013, but a truce with Tuareg separatists is fragile and security remains an issue in the north.

Mali
Issue 268 - 20 December 2013

Mali: Corruption investigation

Subscriber

In mid-December six judges and judicial officers were charged and taken into custody in an investigation into corruption. “In the context of the fight against corruption and financial crime triggered by the Malian government, six judges and judicial officers were charged with forgery, fraud and extortion,” a justice ministry official told the Agence France-Presse news agency. In late November, new President Ibrahim Boubacar Keïta restated his commitment to tackling corruption and impunity. Before his election following a second round of voting in August, Keïta promised “zero tolerance” of corruption

Mali
Issue 265 - 08 November 2013

Mali: Renewable energy pilot plants

Subscriber

The Direction National de l’Energie (DNE) has announced that notices for expressions of interest will be available this month and bidding documents in January for a series of project preparation contracts relating to the Scaling Up Renewable Energy in Low-Income Countries Programme (SREP). SREP aims to demonstrate the viability of low-carbon technologies in low-income countries, with investment plans directed by host governments. The contracts are being funded by a $2.2m grant from the African Development Bank (AfDB) via the Climate Investment Funds.


Mali
Free

The West African Power Pool is seeking expressions of interest from consultants to audit the project financial statements for a study on a proposed 225kV interconnection between Guinea and Mali. The audit, funded by the African Development Bank’s African Development Fund soft loans arm, will establish the financial position of the project in 2013 and 2014 and will ensure that resources are being used appropriately. Bids are due by 9 October.

Guinea | Mali
Issue 261 - 14 September 2013

Mali: Block 6 licence ratified


Subscriber

The government has ratified an exploration licence for Raven Resources Group subsidiary Corvus Resources Management to explore Block 6 in the Taoudeni Basin (AE 259/1). Calgary-based Raven is headed by Adeniyi Makanjuola, whose father Aderemi is a close associate of Michael Adenuga, owner of Conoil. Aderemi Makanjuola is chairman of Caverton Helicopters, a significant player in the oil service sector, while Adeniyi is executive vice chairman.

Mali