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    Mali investigates soldiers over role in coordinated insurgent attacks

    Operation Dougoukoloko: Mali military say 50 militants killed

    Ethiopia: 15 arrests in Tigray before a local opposition demonstration

    Ethiopian pro-government forces claim capture of strategic Tigray town

    Zambia groups say freedom of expression under threat

    Zambia aims to lift economic growth to 7% over next three years

    South African police probe mining feud, business rivalry after shootings kill 27

    South African police probe mining feud, business rivalry after shootings kill 27

    French nuclear fuel company reports significant losses amid challenges in Niger

    Niger signs deal with Australian group to relaunch uranium project

    As schools re-open, Congo drops remote learning plan in Ebola red zone

    WHO says Congo Ebola outbreak spreads to two new health zones

    Nigeria’s Dangote aims to end Africa’s fertiliser imports

    Ethiopia, Djibouti, and Dangote to build $660m petroleum pipeline

    Ghana sanitation minister resigns over alleged stashed cash

    Western countries increase support for slavery reparations, Ghana says

    Nigeria, US sign agreement to boost mining investment

    Nigeria, US sign agreement to boost mining investment

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
    • Economy
    • Energy & Power
    • Health
    • Politics
    • Security
    • Society
    DRC on a mission to financing the world’s largest hydropower dam

    DR Congo: The INGA Dam Paradox

    Cameroon uncovers more than 200 illegal gold mines, mostly foreign-owned

    Mineral Beneficiation: A Pipedream of Prosperity in an Unequal Financial Architecture

    Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt

    Is Zambia’s Economy Rebounding Under President Hakainde Hichilema?

    Nigeria considers crude supply reforms to aid Dangote, other refiners

    Refinery rivalry: billion‑dollar oil projects expose East Africa’s long‑running regional tensions

    Zambia’s chaotic but decisive election: government demonstrates strength, democracy shows weakness

    Zambia’s chaotic but decisive election: government demonstrates strength, democracy shows weakness

    African Finance Corp says Gabon political situation a ‘good coup’

    Why African countries must rethink how they grow their economies

    DR Congo says it will receive third-country deportees under new deal with US

    Beyond the Outbreak: How Ebola Reshaped East & Central Africa’s Economies

    What Happens After Dandora? Kenya’s Green Transition Faces Its Hardest Test

    What Happens After Dandora? Kenya’s Green Transition Faces Its Hardest Test

    African entrepreneurs work in challenging environments, and others may benefit from the skills they have developed

    African entrepreneurs work in challenging environments, and others may benefit from the skills they have developed

  • Studies
    China could drive Africa’s renewable energy revolution, report says

    A study shows wind and solar projects in Kenya and South Africa don’t always benefit the communities that host them

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

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

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

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

    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

    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

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    Namibia: Anger over Dubai COP28 trip by president Geingob’s children

    Hage Geingob (1941–2024): Former President of Namibia

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Gambia’s president Barrow faces backlash over ‘death wish’ on archrival

    Adama Barrow: President of the Republic of The Gambia

    Rwandan President Paul Kagame announces he will run for a fourth term

    Paul Kagame: Former military officer and president of Rwanda

    Zumbi dos Palmares (1655-1695): Afro-Brazilian leader of the great Palmares Quilombo

    Zumbi dos Palmares (1655-1695): Afro-Brazilian leader of the great Palmares Quilombo

    Léon M’ba (1902-1967): First president of independent Gabon

    Léon M’ba (1902-1967): First president of independent Gabon

    Namibia to vote in toughest election yet for ruling party

    Netumbo Nandi-Ndaitwah: President of Namibia

    Ahmadu Bello (1910-1966): Nigerian statesman

    Ahmadu Bello (1910-1966): Nigerian statesman

    Cameroon President Paul Biya marks 41 years in power

    Paul Biya: President of Cameroon

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    Manovo-Gounda St. Floris National Park, Central African Republic

    Manovo-Gounda St. Floris National Park, Central African Republic

    Lake Malawi (Lake Nyasa) National Park, Malawi

    Lake Malawi (Lake Nyasa) National Park, Malawi

    Fasil Ghebbi, Gondar Region, Ethiopia

    Fasil Ghebbi, Gondar Region, Ethiopia

    Fort Jesus, Mombasa, Kenya

    Fort Jesus, Mombasa, Kenya

    Comoé National Park, Côte d’Ivoire (Ivory Coast)

    Comoé National Park, Côte d’Ivoire (Ivory Coast)

    Lower Valley of the Omo, Ethiopia

    Lower Valley of the Omo, Ethiopia

    Sudano-Sahelian style mosques, northern Côte d’Ivoire

    Sudano-Sahelian style mosques, northern Côte d’Ivoire

    Taï National Park, Côte d’Ivoire

    Taï National Park, Côte d’Ivoire

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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.”

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.

Read also

Operation Dougoukoloko: Mali military say 50 militants killed

Ethiopian pro-government forces claim capture of strategic Tigray town

Zambia aims to lift economic growth to 7% over next three years

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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