Mali plans to leverage newly structured mining revenues to raise up to 500 billion CFA francs ($883 million) for critical energy, water, and transport projects, according to official projections.
Finance Minister Alousseni Sanou stated that the newly established Energy, Water, and Transport Infrastructure Development Fund mobilized 109.14 billion CFA francs ($193 million) between January 2025 and June 2026.
Under Mali’s overhauled 2023 Mining Code, the fund receives a mandatory 1% levy on mining operators’ quarterly turnover alongside contributions from ad valorem mining taxes to finance long-term public debt instruments.
Treasury officials project the fund will collect at least 50 billion CFA francs ($88 million) annually, providing the financial backing needed to securitize larger capital packages for state infrastructure development.
Transport Minister Dembele Madina Sissoko indicated proceeds will fund strategic railway networks, inland waterways, national power grid expansions, water utility systems, and capital investments for state-owned carrier Mali Airlines SA.
The infrastructure push comes as Africa’s second-largest gold producer forecasts industrial output to reach 43.2 metric tonnes in 2026, expanding from 42.2 tonnes recorded in 2025 amid stricter state audits.
The revised mining framework increases potential state and local equity participation up to 35 percent, aiming to convert record mineral wealth into sustainable national assets while resolving historical tax arrears.
