A press release reports on the activities carried out under the one-week meeting that brought together members of the African Development Bank (AfDB) delegation and the Malian government. They reviewed the country's socio-economic situation, development challenges and priorities, and the status of implementation of the projects that the Bank finances in Mali

The review of the portfolio of projects financed by the Bank, which ended on 13 July 2023, showed that the performance, although still weak, has begun to trend upward. The rate of financial instruments on red alert fell compared to that in September 2022, when the portfolio's performance was last reviewed. It went from 93% at the end of September 2022 to 60% at the end of May 2023 (against an institutional objective of 20%)”.

“In the last two years of implementation of the Country Strategy Paper, the African Development Bank has approved six new projects in favour of Mali, for a total amount of 76.7 billion CFA francs (116.9 million euros), mainly in the agricultural sector,” said the country manager of the African Bank Group of D&D eacute; development for Mali, Adalbert Nshimyumuremyi

Since its first operation in Mali was approved on 4 June 1970, the African Development Bank Group has granted 117 loans and grants to the country covering all socio-economic sectors, for a cumulative amount of approximately 1,274 billion CFA francs (1.94 billion euros). “At the end of June 2023, the Bank Group's active portfolio in Mali included 23 operations worth 422 billion CFA francs (643 million euros). The projects cover transport (33.8%), agriculture (30%), energy (11.2%), water and sanitation (9.5%), finance (4%), governance (4.8%), climate change (3.8%), and social (2.9%),” the