Home News Mali Cedes Strategic Land to Guinea to Deepen Trade Cooperation
NewsWorld

Mali Cedes Strategic Land to Guinea to Deepen Trade Cooperation

850

Mali has approved the transfer of a strategic parcel of land to the Republic of Guinea as part of efforts to strengthen bilateral trade and logistics cooperation. The decision was taken during a Council of Ministers meeting chaired by transitional president Assimi Goïta.

The land, measuring approximately 10 hectares, is located at Tomodo Koumacra in the rural commune of Benkadi within the Kangaba district. Authorities say it will be developed into storage facilities and transport infrastructure to support the movement of goods between the two neighbouring countries.

Landlocked Mali relies heavily on regional transit corridors for imports and exports, particularly through the port of Conakry in Guinea. The government says the project will help ease congestion, reduce transit costs and secure Mali’s access to maritime trade routes amid shifting regional dynamics.

READ MORE: AES Condemns Attack on Niamey Airport, Warns of Destabilisation Plot

Officials also pointed to the reciprocal nature of the relationship, noting that Guinea had previously allocated 20 hectares of land in Kankan for Malian storage and logistics use. The arrangement is seen as part of a broader strategy to diversify Mali’s trade routes and reduce dependence on a single corridor.

The land transfer underscores growing economic cooperation between Bamako and Conakry at a time when regional integration and self-reliance have become central policy themes for several Sahelian governments.

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NewsPoliticsTravel

Abia Governor Otti Bans Commercial Motorcycles in Umuahia, Aba and Ohafia Metropolises from August 1

Abia State Governor Alex Otti has banned the operation of commercial motorcycles,...

NewsSportsTravel

Ivory Coast to Play World Cup Without Home-Based Fans as US Visa Restrictions Bite

Ivory Coast will compete in the 2026 FIFA World Cup without several...

FinanceNewsWorld

Ghana Records Africa’s Highest Lending Rate Despite Sharp Policy Rate Cuts, AfDB Report Shows

Ghana has been ranked as the African country with the highest lending...