Mali’s largest fuel retail network, formerly operated by France energy major - TotalEnergies, has changed hands twice within 12 months, moving first to Benin-linked Coli Energy in January 2025 and then back to Malian-owned NDC Energie in January 2026.
Mali is a landlocked country in West Africa, known for its rich history and cultural heritage. It was once home to powerful empires, including the Ghana Empire, the Mali Empire, and the Songhai Empire, which controlled trans-Saharan trade. The capital city is Bamako.
NDC Energie, previously a major fuel importer with limited retail presence, now controls 80 stations and over 1,100 employees after acquiring the network.
Transport disruptions in late 2025 caused fuel shortages, but stabilization and improved logistics since early 2026 have restored supply and enabled sector consolidation.
The France -based multinational sold its Malian operations in January 2025 to Coli Energy, associated with the Petro Benin, formally exiting the market amid rising geopolitical tensions, persistent insecurity, and growing anti-French sentiment in Mali.
The divestment also formed part of TotalEnergies’ broader strategy to streamline its African downstream portfolio and refocus capital on priority markets.
In an exclusive report, Journal Du Mali, noted that in January 2026, the same network of 80 service stations and more than 1,100 employees was acquired by NDC Energie (Niangadou Distribution Company), a 100% Malian-owned firm.
While the financial details were not disclosed, the transaction cements local control over the country’s largest fuel distribution platform. Until now, NDC (founded in 2015) operated only four stations in Bamako but was already one of Mali’s largest fuel importers.
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