Skip to main content

BOA-MALI finances the construction of a dam

The Bank financed more than 100 billion CFA francs (more than 150 million euros) a Chinese company, SINOHYDRO CORPORATION Ltd, which built a 146 MW hydroelectric dam in Gouina, a town 76 km from Kayes.

The project was coordinated by the OMVS (Organisation pour la mise en valeur du fleuve Sénégal) which brings together Senegal, Mauritania and Guinea.

For BOA, this major operation was led by the ACI 2000 Business Centre and shows the Bank’s willingness to develop its Trade business with Chinese companies present in Mali. A fluent Mandarin speaker was even recruited.

The inauguration took place on December 3, 2022.