25% electricity boost for Mali as €122 million power

AEM''s new power station is in the Kayes region of Western Mali, one of the country''s most important mining hubs. Mali''s economy will benefit from having a reduced power import bill, more reliable power for business and industry and

25% electricity boost for Mali as €122 million power station opens

AEM''s new power station is in the Kayes region of Western Mali, one of the country''s most important mining hubs. Mali''s economy will benefit from having a reduced power import bill,

4 FAQs about [Goldstar energy Mali]

What is Goldstar Energy Group?

GOLDSTAR ENERGY GROUP provides comprehensive energy management services customized to its business client’s specific needs, from a team of seasoned energy management experts that only work with the most accredited suppliers in the industry. Our A+ accreditation is proof of the integrity and transparency that we offer to our clients.

Why is Mali a partner of power Africa?

Mali is a partner of Power Africa, a market-driven, U.S. government-led public-private partnership (PPP) aiming to double access to electricity in sub-Saharan Africa. It offers tools and resources to private sector entities to facilitate doing business in sub-Saharan Africa’s power sector.

Is energy du Mali subsidized?

Energie du Mali (EDM), the state-owned electric utility, is poorly managed and heavily subsidized by the government and regional multinational banks, as the relatively high price of its electricity (average $0.17/kWh) is insufficient to cover the cost of production and distribution ($0.24/kWh).

Does Mali have a PPP law?

In 2016, Mali passed a law governing PPPs and in early 2017 an office was established to implement the law, expedite PPPs (including energy projects), and ensure PPPs are successfully enacted.

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