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

Mali Cedes Strategic Land to Guinea to Deepen Trade Cooperation

289

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Your email address will not be published.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

NewsSecurityWorld

As Death Toll Rises in Kwara and Katsina, US Troops Arrive and Trump Applauds Remi Tinubu

More than 200 Nigerians have been killed in a wave of attacks...

FinanceNewsWorld

Ghana Records Lowest Inflation in Five Years

Ghana’s inflation has fallen to its lowest level in five years, offering...

NewsSecurityWorld

Rebel Group Targets Kisangani Airport in Escalation of Congo Conflict

A rebel coalition in the Democratic Republic of Congo has claimed responsibility...

NewsTravelWorld

Ghana to Rename Kotoka International Airport

Ghana’s government is preparing to rename the country’s main international gateway, Kotoka...