In a strategic move to bolster its economic sovereignty, Mali’s government has secured a 51% controlling stake in a new civil explosives company. This venture, established in partnership with the Chinese firm Auxin, aims to end the nation’s reliance on costly imports for its vital mining and construction sectors. By producing these materials domestically, Bamako seeks to guarantee a secure supply for major projects while imposing stricter oversight on these sensitive products. The move follows Mali’s 2022 crackdown on explosive use amid security concerns linked to terrorism. The project is a key component of broader mining reforms designed to increase state participation and maximize local benefits from Mali’s natural resources.
Africanews
