Sahel Edition

French energy firm TotalEnergies Exits Mali, Sells Operations to Bénin Petro-Backed FirmF

Posted On 1 February 2025

Number of times this article was read : 7592

TotalEnergies has exited Mali, finalizing the sale of its operations to Coly Energy Mali, backed by Bénin Petro. While no official explanation was provided, it is likely that tensions with Mali’s ruling junta may have played a role. Sources say that persistent tax pressures and recurring labor strikes may have influenced the company’s decision.

🔒 SUBSCRIBER-ONLY ANALYSIS

This in-depth analysis is reserved exclusively for clients subscribing to The North Africa Journal.

Already a subscriber?
Please log in here

More on the Sahel

Mali: After Kidal, The War Comes to Bamako$

Mali’s military government lost Kidal to a joint FLA-JNIM offensive on April 26, 2026, after Russian Africa Corps personnel and Malian troops withdrew under rebel escort. The fall of the city, retaken by Bamako with Russian support in November 2023, exposes the limits of the junta’s sovereignty narrative and raises serious questions about the durability of Mali’s security model.

Mali: Russian-linked Forces Under Drone Pressure in Northern Mali$

Armed groups in northern Mali are shifting toward repeatable FPV drone strikes against Malian army and Russian-linked Africa Corps positions. Recent attacks in Anéfis and Aguelhok indicate a tactical evolution that challenges the assumption of operational sanctuary in the Kidal region.