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Mali, Burkina Faso and Niger have officially launched a new regional investment bank with about $895 million in capital to support major development work across the Sahel. The institution, backed by the military-led governments of the three countries, is intended to finance key infrastructure, energy and agricultural projects and reduce dependence on foreign donors by pooling local resources. Officials say each country will contribute a share of tax revenues to capitalise the bank, which aims to strengthen economic cooperation and drive long-term growth in a region facing security and development challenges. 
1 month ago | [YT] | 2
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