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Economic development
In Mali, as in other countries, the Aga Khan Fund for Economic Development, through Industrial Promotion Services (IPS) has invested in critical infrastructure projects to support the economic development of the country.

Following its successes in the energy sector in neighbouring Cote d'Ivoire, in 2000, IPS invested in Énergie du Mali (EDM) when the company was partially privatised. Following the decision to separate the water and electricity sectors in 2012, EDM now manages an interconnected network and standalone plants serving around 26 towns in Mali. The network’s 150 megawatts of thermally-generated power is further boosted by almost 200 MW from various hydroelectric dams. EDM serves some 400,000 customers but the network remains inadequate in terms of meeting the growing demand. In this IPS is solidly behind the Malian government in helping it respond to this increase, to peak demand times and to the difficulties of supplying some of the country’s more remote towns. 

Also building on the lessons of Filtisac in Cote d'Ivoire, IPS established Embalmali in 1999 in Bamako. The plant manufactures polypropylene bags for the packaging and transport of goods to local and export markets.