Economy

Mali’s energy crisis deepens as $94 million debt looms over SOGEM

Date: May 11, 2025

Mali is facing a severe energy crisis as it owes $94 million to Société de Gestion de l'Énergie de Manantali (SOGEM), the body responsible for operating the Manantali dam and power plant.

This substantial arrearage is putting the very survival of the management entity at risk, according to its Director-General, Mohamed Mahmoud Sid’Elemine.

Sid’Elemine warned that if the outstanding debt is not resolved, SOGEM could be forced to halt operations, a move that would have significant repercussions for the nation’s electricity supply. The Manantali dam, which is crucial for regional power distribution, has already been central to discussions on energy reliability in the region.

In recent times, recurring power outages have intensified public frustration with Mali’s military administration, which seized power during the coups of 2020 and 2021. The current funding shortfall adds a new layer of complexity to the challenges facing the government, as inadequate electricity supply threatens to exacerbate economic and social difficulties.

Local observers fear that without immediate intervention, the energy crisis could further destabilise the country, with prolonged blackouts likely to disrupt daily life and impede economic recovery.  

--ChannelAfrica--

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