Home News Mali Tightens Grip on Explosives Supply With New Majority Stake
NewsSecurity

Mali Tightens Grip on Explosives Supply With New Majority Stake

820

The Malian government has taken majority ownership of a civil explosives manufacturing company, securing a controlling stake in a sector considered vital to mining, quarrying and infrastructure development. The move gives the state direct influence over the production and distribution of industrial explosives.

Authorities say the decision is aimed at strengthening oversight, improving security and reducing reliance on imports. Explosives used in mining and construction have been subject to tighter controls due to security concerns in the Sahel region.

The company was established through a partnership with foreign investors, but Mali’s 51 percent stake ensures state dominance in management and decision-making. Officials described the arrangement as a strategic investment aligned with national interests.

The development fits into a wider policy direction that prioritises state participation in key industries, particularly those linked to natural resources and national security.

Analysts say the move reflects Mali’s broader effort to reassert control over critical supply chains while navigating ongoing economic and security pressures.

READ MORE: Mining Crackdown Deepens as Mali Arrests Senior Gold Mine Managers

About The Author

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

NewsWorld

Algeria Severs Diplomatic Ties With UAE, Closes Airspace to Emirati Aircraft

Algeria announced on Thursday that it was cutting diplomatic ties with the...

NewsPolitics

Gambia Bans Protests Without Permits After Blackout Unrest Erupts Ahead of December Election

Gambia’s police chief has banned all public protests without official permits after...

News

Sanwo-Olu Blames Cranes and ‘Iconic Cane’ as Ojota-Opebi Bridge Misses Another Deadline

Lagos State Governor Babajide Sanwo-Olu has offered yet another explanation for why...

NewsPoliticsWorld

Gambia Protests Turn Chaotic as Power Outages Worsen Ahead of December Elections

Thousands of Gambians took to the streets overnight in Banjul and surrounding...