About Us Lines of Credit

Apart from direct bilateral assistance, Mali has availed Indian assistance through TEAM-9 (Techno-Economic Approach for Africa-India Movement aimed at 9 West African States), NEPAD (New Partnership for Africa’s Development) and ECOWAS (Economic Community of West African States) Bank. India has so far extended Lines of Credit worth US$ 303.62 million as per details given below:

  1. Rural Electrification (1.7.2005):   US$15 million  (Under TEAM 9)

  2. Tractors and tractor assembly plant (1.7.2005): US$ 12million (Under TEAM 9)

  3. Railway coaches and locomotives (5.7.2005): 20.62 million (Under NEPAD)

  4. Power-grid interconnection between Cote d’Ivoire and Mali and distribution: US$ 141 million

    - First Installment (22.5.2007): US$ 30 million (Under TEAM 9)

    - Second Installment (9.7.2007): US$ 45 million (Under TEAM 9)

    - Third Installment (15.7.2009): US$ 36 million (Bilateral)

    - Indian aid through ECOWAS Bank (December 2009): US$ 30 million

  5. Agriculture and Food processing (15.10.2009): US$15 million (Bilateral)

  6. Power Transmission Project (January 2012): US$ 100 million (Bilateral)