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Mostrando las entradas de agosto, 2025

The Manden Empire and the Origin of Kurukan Fuga

The Manden empire , or empire of Malí ( Manden Kurufaba ), was a stately power of Western Africa that existed between the centuries XIII and XVII , founded by Sundiata Keita . Conocido by the vast wealth of our governors, especially Mansa Musa , and his paper on the diffusion of culture and Islamic faith in West Africa , the empire was based in the area known as Mandén , among current events in Mali and Guinea . One of our most important contributions is the Carta de Manden , an early proclamation of human rights .   Characteristics of the Key of the empire Manden.              Founded by Sundiata Keita, who unified the Mandinga tribes and destroyed the empire Sosso .   The empire arose from the region of Mandén, inhabited by the Mandinga p eople, and its expansion consolidated a federation that turned into a great empire   The empire Manden is famous for the wealth of his governors, like the emperor Mansa Musa, ...

The new currency and debt

        The new currency and debt Mali's public debt stood at 51.7% of GDP at the end of 2024, with a decrease in the share of external debt compared to the previous year.  Its share of total debt has increased, now representing approximately 53.2% of total public debt. The average interest cost for domestic debt is much higher (6.1%) than for external debt (0.6%), increasing debt servicing costs.  The share of external debt decreased to 46.8% at the end of 2024.  The increase in domestic debt, which is more expensive in terms of interest, has a significant impact on the debt service burden. The exit of the AES countries from the CFA franc is closer than ever, with the payment of the external debt of Mali and Burkina Faso and now we are waiting for Niger's turn. Last February, according to Oil Minister Sahabi Oumarou , the country will generate 204 billion CFA francs in oil revenues in 2024, compared to 64.1 billion CFA francs in 2020. Niger's oil p...