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    China’s African tariff removals, trade surge spur yuan adoption

    Namibia

    Namibia’s energy minister confirms removal of petroleum commissioner Shino

    UN assembly adopts resolution backing ongoing efforts to eliminate ‘blood diamonds’ trade

    Congo miners seek delay to 5% worker equity rule before July deadline, sources say

    Somaliland receiving Israeli military training but not in talks for base, minister says

    Somaliland receiving Israeli military training but not in talks for base, minister says

    Taiwan says its delegates have been barred from ocean conference in Kenya

    Taiwan says its delegates have been barred from ocean conference in Kenya

    Rwanda’s presidential election set for July 15, 2024

    Rwanda stepping up precautions against Ebola, health minister says

    Senegalese leader calls out UN Security Council’s “inertia” in face of destabilization of Sahel

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    The promise and risks of Kenya’s ambitious new strategy to close refugee camps

    The promise and risks of Kenya’s ambitious new strategy to close refugee camps

    Al Qaeda-linked militants curb their brutality in seized Malian territory

    Al Qaeda-linked militants curb their brutality in seized Malian territory

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    The Political Economy of Insecurity in Mali: Armed Groups, Resources, and State Fragility

    Ghana to evacuate 300 citizens from South Africa after xenophobic attacks

    Xenophobic Violence and Human Security in South Africa: Causes and Consequences

    Inside an African lab that helped crack the hantavirus outbreak

    Inside an African lab that helped crack the hantavirus outbreak

    Nigeria’s Agricultural sector: Problems and challenges

    Agriculture in Africa: science and research cannot have an impact without investments and good policies

    Mali’s junta creates a new ministerial-level post to oversee the mining sector

    African Mineral Resources: The Controversial Link to US Health Deals

    Ghana curbs offshore investments to protect cedi, boost stability

    Ghana’s mining law attempts to eradicate speculation, but leaves communities in limbo: insights from a lithium case study

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    Schooling is the most severely affected by conflict when children are the target – Study

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    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

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    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

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    One in three South Africans have never heard of AI: what this means for policy

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    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

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    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

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    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

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    Abebe Bikila (1932-1973): Ethiopian marathoner and first black African to win an Olympic medal

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    W. E. B. Du Bois (1868-1963): Sociologist, historian, and Pan-Africanist civil rights activist

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    Frantz Fanon (1925-1961): Psychiatrist and political philosopher

    Percy Lavon Julian (1899-1975): African American researcher and chemist

    Percy Lavon Julian (1899-1975): African American researcher and chemist

    Harriet Tubman (Araminta Ross, 1822-1913): American abolitionist and social activist

    Harriet Tubman (Araminta Ross, 1822-1913): American abolitionist and social activist

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    Dorothy Vaughan (1910-2008): African American mathematician and human computer

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    George Washington Carver (1864-1943): African American agricultural scientist and inventor

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    Laas Geel, Somalia

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    Lakes Of Ounianga, Chad

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    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

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    The Sudd wetland

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Home Analysis & Report

Senegalese leader Bassirou Diomaye Faye makes trade, diplomatic forays in Mali

May 30, 2024
Senegalese leader Bassirou Diomaye Faye makes trade, diplomatic forays in Mali

Copyright: X / @PresidenceMali

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The Dakar-Bamako corridor remains a vital route for trade between the two neighbouring countries.

The visit of Senegalese President Bassirou Diomaye Faye to Mali, on Thursday 30 May, is of particular importance in strengthening trade and diplomatic relations between the two countries. A number of issues aimed at strengthening bilateral cooperation will be at the centre of discussions.

Trade between Senegal and Mali is of vital importance to both nations.

This is illustrated by Senegal’s recent announcement that it needs 250,000 sheep for the upcoming Eidhul Adha (Tabaski) feast. Mali, as a major supplier of sheep, has promised to meet this demand, thereby strengthening bilateral economic ties.

Trade relations between the two countries are already strong, with Mali ranking first among Senegal’s African clients. In 2022, Senegal’s sales to Africa totalled 1,404.5 billion CFA francs, of which 50.5 percent went to Mali.

This stable trade partnership is an essential pillar of regional economic cooperation.

Security cooperation between the two countries has also evolved over the years. Since 2013, Senegal has sent troops to Mali as part of peacekeeping missions, both with an African mission and with MINUSMA.

This security and humanitarian contribution bears witness to Senegal’s solidarity and commitment to regional stability and security.

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The Dakar-Bamako corridor remains a vital route for trade between the two countries. Discussions will be held to overcome logistical, economic and security challenges in order to ensure fluid and efficient connectivity between Dakar and Bamako, thereby promoting trade and the economic development of both nations. In 2020, goods
traffic on the Dakar-Bamako corridor totalled more than 2.7 million tonnes, despite the challenges posed by the Covid-19 pandemic.

Although the movement of people and goods is generally satisfactory, occasional difficulties persist on the corridor.

Senegal and Mali are also members of the Organisation for the Development of the Senegal River, (OMVS), a regional organisation that aims to promote the economic and social development of member countries through the shared management of the Senegal River’s water resources. This cooperation within the OMVS strengthens the links between the two countries in the field of sustainable development and natural resource management.

Source: APA
Tags: Bassirou Diomaye FayeCFA francDakar-Bamako corridorMaliMINUSMAOrganisation for the Development of the Senegal River (OMVS)

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