Mali Grapples with Severe Fuel Shortage Amidst Militant Blockade and Soaring Prices
Mali is experiencing a widespread and persistent fuel shortage, severely impacting daily life and economic activity. The crisis is exacerbated by an Al-Qaeda-linked militant group, JNIM, targeting supply chains, leading to significant price hikes and disruptions across the landlocked nation.
Mali Finalizes Seven New Mining Deals Under Revised Code, Boosting State Revenue and Participation
Mali's Council of Ministers has approved seven new mining agreements under its 2023 revised code, significantly increasing state participation to a minimum of 35% and royalty rates to 10%. This move aims to boost national revenue from key gold and lithium projects, reflecting Mali's push for greater resource sovereignty.
