{"id":488339,"date":"2026-02-09T21:02:54","date_gmt":"2026-02-09T21:02:54","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/02\/09\/mali-creates-a-state-owned-company-to-manage-its-interests-in-mining-companies\/"},"modified":"2026-02-09T21:03:00","modified_gmt":"2026-02-09T21:03:00","slug":"mali-creates-a-state-owned-company-to-manage-its-interests-in-mining-companies","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/02\/09\/mali-creates-a-state-owned-company-to-manage-its-interests-in-mining-companies\/","title":{"rendered":"Mali creates a state-owned company to manage its interests in mining companies"},"content":{"rendered":"
<\/div>

In a cabinet meeting on February 6, 2026, the government of Mali approved the creation of a joint stock company called “Soci\u00e9t\u00e9 de Patrimoine minier du Mali (SOPAMIM)” whose capital is 100% owned by the State. This was done through projects of adopted texts for this purpose.<\/p>\n

“The mining sector is one of the strategic sectors of our economy. It significantly contributes to export and fiscal revenues, private sector development, and the attractiveness of foreign direct investments,” the meeting report states.<\/p>\n

Before reaching this point, Bamako adopted a law in August 2023 reforming its mining code, which allowed for an increase in the State’s participation in the capital of mining companies. The new text provided for the creation of this company to take stakes on its behalf, to provide support for nationals, and to manage the State’s interests in various mining companies.<\/p>\n

Since then, Mali, a major gold producer, has cleaned up its mining sector. This has, among other things, increased revenues from gold mining companies by 52.5% in 2024.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

In a cabinet meeting on February 6, 2026, the government of Mali approved the creation of a joint stock company called “Soci\u00e9t\u00e9 de Patrimoine minier du Mali (SOPAMIM)” whose capital is 100% owned by the State. This was done through projects of adopted texts for this purpose. “The mining sector is one of the strategic<\/p>\n","protected":false},"author":537202,"featured_media":488344,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/02\/09\/le-mali-cree-une-societe-detat-pour-gerer-ses-participations-dans-les-societes-minieres\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[20859],"tags":[],"class_list":{"0":"post-488339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-example-4","8":"pmpro-has-access"},"yoast_head":"\nMali creates a state-owned company to manage its interests in mining companies - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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