Sanctions put squeeze on Mali's lucrative cotton sector

2022-01-28 02:30:00 PM

Malian cotton farmers are set to produce a bumper crop this year.

Business, Mali

[BUSINESS] Sanctions put squeeze on Mali 's lucrative cotton sector

Mali an cotton farmers are set to produce a bumper crop this year.

Malian cotton industry leaders say they expect to produce about 820,000 tonnes of cotton this cycle, compared with only 147,000 tonnes.AFP/Florent VergnesNOUMOUTENE - Malian cotton farmers are set to produce a bumper crop this year, but Mahamadou Konate is worried, belying the smile he wears as he paces through his field.

Economic and diplomatic sanctions recently imposed on the poor, conflict-torn Sahel state threaten one of its few economic motors: the cotton sector.Mali has traditionally been one of Africa's leading cotton producers. During growing season, the cash crop blankets swathes of the vast country in white. Locals call cotton"white gold".

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Sanctions by their fellow brothers 🤌🏿🤌🏿🤌🏿

Denmark to pull troops out of Mali after junta demandsDenmark announced Thursday it would withdraw a newly deployed contingent of 100 troops from Mali after repeated demands, which Copenhagen denounced as a 'political game' by the military junta. There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about GregsonLillian has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done. I'm happy to join those who are sharing the good news about bettycostafx . I'm not persuading anyone to trade with her but i advise every speculator to make the right choice with bettycostafx i got my withdrawal safely without any interruption. This whole bullshit wouldn't happened if Gaddafi was alive

France, 14 countries ask Mali to let Danish forces remain - Statement - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.France and 14 other countries urged Mali late on Wednesday to allow Danish forces to remain in the African country, saying their presence was critical in the fight against terrorism in the region. France creates terrorism, they can not be trusted to fight terrorism. None of their former colonies have enjoyed peace in the presence of France.sinkalaism mali bukinafaso NEVER DEPEND ON SINGLE INCOME. MAKE $5,300 EVERY WEEK ALL BY WORKING FROM HOME WITHOUT SENDING MONEY TO ANYONE. NO CAPTCHA NO LIMITATION WITH THE HELP OF corinne_florenc They must go also

Africa Cup of Nations Last 16 wrap Mali have been knocked out of the Africa Cup of Nations after suffering a penalty shoot-out loss to Equatorial Guinea, who advance to the quarter-finals. SLInt MORE: Equatorial Guinea 🤝🏼 Better to pay the price of discipline than to pay the price of regret tomorrow and make the right decision to join the winning team today Robert_BAR1

Here's everything you need to know about Cotton Fest 2022The highly anticipated Cotton Fest event will take place some time in March at The Station in Newtown over a jam packed two-day period.

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Denmark to pull troops out of Mali after junta demandsDenmark announced Thursday it would withdraw a newly deployed contingent of 100 troops from Mali after repeated demands, which Copenhagen denounced as a 'political game' by the military junta. There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about GregsonLillian has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done. I'm happy to join those who are sharing the good news about bettycostafx . I'm not persuading anyone to trade with her but i advise every speculator to make the right choice with bettycostafx i got my withdrawal safely without any interruption. This whole bullshit wouldn't happened if Gaddafi was alive

Friday 28 January 2022 - 1:18pm Malian cotton industry leaders say they expect to produce about 820,000 tonnes of cotton this cycle, compared with only 147,000 tonnes.Thursday 27 January 2022 - 7:03pm The multinational Task Force Takuba, created to assist Mali in its fight with jihadists, includes troops from across Europe AFP | Thomas COEX COPENHAGEN - Denmark announced Thursday it would withdraw a newly deployed contingent of 100 troops from Mali after repeated demands, which Copenhagen denounced as a"political game" by the military junta.Mali’s government said on Monday it had asked Denmark to immediately withdraw troops deployed to the West African nation as part of a French-led counter-terrorism task force.Egypt Eliminate Ivory Coast, Equatorial Guinea Stun Mali 5 Jan 26, 2022 - 11:56 pm By SL International Equatorial Guinea 0-0 Mali (Mali won on penalties) Mali have been knocked out of the Africa Cup of Nations after suffering a penalty shoot-out loss to Equatorial Guinea, who advance to the quarter-finals.

AFP/Florent Vergnes NOUMOUTENE - Malian cotton farmers are set to produce a bumper crop this year, but Mahamadou Konate is worried, belying the smile he wears as he paces through his field. Economic and diplomatic sanctions recently imposed on the poor, conflict-torn Sahel state threaten one of its few economic motors: the cotton sector. "The coup generals sent out a public statement reiterating that Denmark is not welcome in Mali," Foreign Minister Jeppe Kofod said. Mali has traditionally been one of Africa's leading cotton producers. The Takuba Task Force was established as a partial successor to a French counter-terrorism operation in the West African Sahel region. During growing season, the cash crop blankets swathes of the vast country in white. That is why we have also decided. Locals call cotton"white gold". However, the referee overturned his decision after consulting with the Video Assistant Referee (VAR).

"If they sanction us, how are we going to sell our cotton abroad?" asks Konate, standing in the middle of one of his fields... Earlier this month, the West African bloc ECOWAS imposed a trade embargo and shut borders with Mali over delayed elections in the country. West African leaders also halted financial aid to Mali and froze the country's assets at the Central Bank of West African States. "We are there at the invitation of Mali. Cotton is a key source of foreign exchange for Mali AFP | FLORENT VERGNES The move followed a proposal by Mali's junta, which seized power in August 2020, to stay in power for up to five years before staging a vote -- despite international demands that it respect a promise to hold a poll in February. The sanctions threaten to damage an already vulnerable economy in landlocked Mali, where a brutal jihadist insurgency has raged since 2012. Unfortunately, it is a game we see because they do not want a quick way back to democracy," Kofod added. Ivory Coast 0-0 Egypt (Egypt won on penalties) Egypt advanced to the quarter-finals of the Africa Cup of Nations after defeating Cote d'Ivoire 5-4 on penalties on Wednesday evening.

As Mali's second most important export after gold, cotton is a key source of foreign exchange. "We're all going to pay the price," said Tiasse Coulibaly, head of a farmers' association in southwestern Mali. "We cannot stay when the government of Mali does not want us. Every Malian worker is potentially affected by the sanctions, but cotton growers fear the measures will provoke spiralling problems in the industry. Still, many farmers predict they will not feel the full effects of the ECOWAS sanctions until next year, because of how prices are set. "We don't want to be a laughing stock either," he added. Source . Mohamed Salah, who had a quiet first half, caused a bit of trouble for the Ivorians in the second as he set up a glorious chance for El Sulya before the hour mark, but the latter blazed over from close range.