MALI: Mali’s Renewable Energy Week is dedicated to investors

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MALI: Mali's Renewable Energy Week is dedicated to investors © Danie Nel Photography/Shutterstock

The forum on renewable energy in Mali will be held in Bamako, the capital of Mali, from February 19 to 23 2019 on the theme "Let's invest sustainably for Mali's energy future".

Five days of discussion on the future of green energy in Mali is the objective of the Malian Renewable Energy Week, which will take place from the 19th to 23rd of February 2019 in Bamako. The purpose of the meeting is to promote investment opportunities in the renewable energy sector in this West African country. It will also serve as a space for information and exchanges between public and private, national and foreign investors willing to finance projects in Mali. It is organised by the Mali Renewable Energy Agency (AER-Mali) and the Malian Ministry of Energy and Water. The forum is part of the project to support the promotion of renewable energy in Mali (Paperm), implemented with the support of the African Development Bank (AfDB), the Climate Investment Funds and the Sustainable Energy Fund for Africa (Sefa). The week is also open to the general public to raise awareness of the issues.

Discussions by decision makers will focus on investments in the following sectors: solar, biomass, biofuel, wind, energy efficiency, micro-hydroelectricity. Here are some of the topics covered:

– Renewable energies for an ethical development of Mali.

– Invest successfully in renewable energy in Mali.

– Adopt renewable energies as a development lever.

– For a strategic development of renewable energies in Mali.

– Energy perspectives of Mali’s economic development.

Mali has set itself the target of reaching 61% of rural electrification rates by 2033. It also wants the share of renewable energy to reach at least 25%. Mali has a solar energy potential that varies from 5 to 7 kWh/m2 per day. In 2017, only 5% of the green energy potential was exploited but during the same period, an investment plan was developed by the government for the implementation of several projects. It is valued at more than $2 million. Thanks to the RE week, the Malian government is hoping for all of Mali’s wealth in terms of green energy in order to attract investors in this sector.

Luchelle Feukeng

Luchelle Feukeng

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