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    Is Ethiopia’s Tigray barreling towards another war?

    Ethiopian Airlines cancels flights to Tigray region after clashes

    African governments look to Islamic finance after Benin sukuk success

    African governments look to Islamic finance after Benin sukuk success

    Ukraine says Niger’s move to cut relations is ‘regrettable’

    Gunfire, blasts rock Niger airport overnight before calm restored

    DR Congo Military Court Issues Arrest Warrant for Corneille Nangaa

    Rebel leader denounces US-DRC minerals deal one year after Goma’s fall

    Zambia groups say freedom of expression under threat

    Zambia is hopeful of agreement on debt restructuring terms with Afreximbank

    Rwanda’s presidential election set for July 15, 2024

    Rwanda says UK owes $130 million over scrapped asylum scheme

    Giant Dangote oil refinery to begin production in third quarter

    Shipping data shows Indian diesel exports to West Africa at record high

    Ex-Nigerian minister, Alison-Madueke faces bribery charges in London court

    Nigeria lowers entry barriers to attract investors for latest oil round

    Uganda’s constitutional court to hear challenges against anti-homosexuality law

    Uganda court releases prominent rights activist on bail

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
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    • Energy & Power
    • Health
    • Politics
    • Security
    • Society
    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    African Union suspends Niger over coup, prepares sanctions; France denies report it asked Algeria to use airspace for a Niger operation

    Leaders in Africa’s human rights institutions are being elected. Why it matters

    Sahel Alliance leaders meet in Bamako to deepen break with ECOWAS

    The AES and the Reconfiguration of Regional Security Architecture: A Look at the 2025 Bamako Summit

    US airstrikes in northern Nigeria: potential windfalls and dangers

    US airstrikes in northern Nigeria: potential windfalls and dangers

    Why France’s Focus is Shifting to Anglophone Africa

    Why France’s Focus is Shifting to Anglophone Africa

    UN believes hundreds were killed in Tanzania election protests

    Cameroon and Tanzania’s rulers clung to power in 2025—but look more vulnerable than ever

    General sworn in as Guinea-Bissau leader in swift coup after disputed vote

    Military and Politics in Guinea-Bissau

    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

  • Studies
    Benin government says armed forces foil coup attempt

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

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

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

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

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

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

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

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    What does a diary entry reveal about the West African origins of Apongo, a rebel leader in Jamaica?

    What does a diary entry reveal about the West African origins of Apongo, a rebel leader in Jamaica?

    Obafemi Awolowo (1909 – 1987): Nigerian statesman and influential advocate of independence

    Obafemi Awolowo (1909 – 1987): Nigerian statesman and influential advocate of independence

    Tunka Manin (c. 1010–1078), the last ruler of the Ghana Empire

    Tunka Manin (c. 1010–1078), the last ruler of the Ghana Empire

    Samuel Ajayi Crowther (1809-1891): First African Anglican Bishop

    Samuel Ajayi Crowther (1809-1891): First African Anglican Bishop

    Osei Tutu (c. 1660—c. 1717) , founder of the Asante nation

    Osei Tutu (c. 1660—c. 1717) , founder of the Asante nation

    Walter Sisulu (1912 – 2003): South African activist

    Walter Sisulu (1912 – 2003): South African activist

    Modibo Keïta (1915-1977): First President of Mali

    Modibo Keïta (1915-1977): First President of Mali

    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

    Idi Amin Dada (1928 – 2003): Military officer and former President of Uganda

    Idi Amin Dada (1928 – 2003): Military officer and former President of Uganda

  • History
    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    Royal Court of Tiébélé, Burkina Faso

    Royal Court of Tiébélé, Burkina Faso

    Lake Tanganyika, the world’s longest freshwater lake

    Lake Tanganyika, the world’s longest freshwater lake

    The Bafut Chiefdom, Cameroon

    The Bafut Chiefdom, Cameroon

    The battles of Isandlwana and Rorke’s Drift

    The battles of Isandlwana and Rorke’s Drift

    Kimberley’s Big Hole, Northern Cape, South Africa

    Kimberley’s Big Hole, Northern Cape, South Africa

    Ogbunike Caves, Southeastern Nigeria

    Ogbunike Caves, Southeastern Nigeria

    Historic Town of Grand-Bassam

    Historic Town of Grand-Bassam

    Mandara Mountains, Northern Cameroon and Nigeria

    Mandara Mountains, Northern Cameroon and Nigeria

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Qiraat Africa
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Home News Economy

Mali: Economic hardship worsens after four years of military rule

August 19, 2024
Mali: junta announces postponement of presidential election
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Four years after the military ousted Mali’s then-president and came to power, many residents say economic troubles are worsening and constant power cuts are hurting businesses.

The August 2020 coup in the troubled West African nation was set off by public anger with corrupt rulers backed by former colonial power France, a spreading jihadist insurgency and economic hardship. Many are still waiting for life to improve.

“The way they’ve handled the electricity situation is a problem. Many Malians are experiencing huge losses,” Oumar Diarra, a furniture maker, told Reuters. “The government has to make an effort because we are suffering enormously.”

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Ethiopian Airlines cancels flights to Tigray region after clashes

African governments look to Islamic finance after Benin sukuk success

Gunfire, blasts rock Niger airport overnight before calm restored

The 2020 coup in Mali helped set off a wave of coups in the Sahel region south of the Sahara desert, including in neighbours Burkina Faso and Niger, which are fighting the same jihadist groups linked to al Qaeda and Islamic State.

The current military rulers in Mali, who seized power in a second coup in 2021, have reneged on a promise to hold elections in February, postponing the vote indefinitely for technical reasons.

Allasana Ag Agaly, a silversmith, said power cuts were affecting all households in Mali. “If the head of the family goes out in the morning and comes back at night without being able to work to bring something to his family, it will affect the children, the women and everyday life,” he said.

The World Bank says economic growth in Mali is expected to slow to 3.1% this year from 3.5% last year, with extreme poverty levels rising. About 90% of Mali’s population lives in poverty.

Mali’s military leaders, along with those in Niger and Burkina Faso, also kicked out French and U.N. troops that had been involved in fighting Islamist insurgents for a decade, and turned to Russia for help instead.

Some residents say they remain hopeful, and view the current hardship as the price for greater independence from France.

“Political independence without economic independence is meaningless,” said Alkady Haidara, a resident in the capital Bamako. “I just want Malians to be patient, because it’s part of life. You have to go through a difficult time to have a brighter moment.”

Source: Reuters
Tags: BamakoBurkina FasoEconomic hardshipFranceMaliNigerRussia

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