00:10 - Source: ITN
This video is no longer available

Read a version of this story on CNN Arabic.

Story highlights

NEW: Nearly half a billion dollars pledged at donors' conference

Hollande does not say how long France will maintain troops in Mali

U.N. gears up for the return of displaced people; UK outlines military support

Flushing the Islamists out of Timbuktu is a big symbolic gain

In addition, French-led troops now control Timbuktu and Gao cities, and the swath in between that was an Islamist stronghold for almost a year, the French Defense Ministry said this week.

“We are winning in Mali,” French President Francois Hollande said Monday.

READ: Six reasons events in Mali matter

Hollande did not say how long France will maintain troops in its former colony.

France, which is leading the offensive, has 2,150 soldiers in Mali and 1,000 more troops supporting the operation from elsewhere.

The United States has also stepped up its involvement in the conflict by conducting aerial refueling missions on top of the intelligence and airlift support.

READ: What’s behind the instability in Mali?

The United Kingdom said it is prepared to provide 240 troops to provide military training support, but will not take part in combat.

As nations pledge more help, additional funds streamed in as well.

READ: U.S. steps up involvement in Mali

The nations are joined together in an effort to prevent the Islamists from turning the once peaceful democracy into a haven for international terrorists.

Islamic extremists carved out a large portion in northern Mali last year, taking advantage of a chaotic situation after a military coup.

But with the French-led offensive sending the militants on the run, residents once again roamed the streets without fear.

Flushing the Islamists out of Timbuktu, Mali’s historic cultural center, is a big symbolic gain.

READ: French-led forces in Mali take Timbuktu airport, enter city

Amid international outrage, the Islamists repeatedly targeted Timbuktu’s ancient burial sites. They regarded such shrines as idolatrous and thus prohibited by their strict interpretation of Islam.

As a column of military vehicles drove through Gao over the weekend, villagers chanted “Mali! Mali!”

Young men on motorcycles rode alongside the convoy, wildly waving Mali’s flag and euphorically praising France and freedom.

Others lined the sides of the street, holding up beer bottles. They could once again drink, free from the oppressive dictates of the Islamists.

READ: Mali’s victims speak out

The mayor of Gao returned from exile and addressed the boisterous crowd. No one could hear a word he said. But it didn’t matter. He was back – another sign that normalcy was returning.

Raising money for Mali

Other countries in Africa and around the world have pledged $455 million at a donors’ conference for Mali in the Ethiopian city of Addis Ababa.

Among the donors, Japan pledged $120 million, the United States pledged $96 million, pending congressional approval, and the European Union pledged just over $67 million. Senegal, Nigeria and Ghana pledged $3 million each, and China and India pledged $1 million each.

“I thank you on behalf of the people of Mali,” Malian President Dioncounda Traore said. He announced plans to hold elections on July 31.

The money will support military efforts led by the African-led International Support Mission in Mali and the Malian army, the work of the Economic Organization of West African States on Mali and humanitarian assistance.

U.N. gears up for returns

More than 380,000 people fled northern Mali in the past year, the United Nations says.

But now, as French and Malian forces take back ground from militants, the U.N. refugee agency is preparing for the “possible spontaneous return of thousands of conflict-displaced people.”

The agency, in a statement, reported that displaced people interviewed in the capital, Bamako, said they hoped to return soon.

“Returns are not yet a wide trend, but they are already being seen in some instances,” the agency said.

Displaced people told U.N. interviewers that they hope to return soon to areas such as Gao, Timbuktu and Kidal. U.N. officials say people are returning to Konna, which many residents fled after militants overran that city.

But with the French-led offensive sending the militants on the run, residents once again roamed the streets without fear.

CNN’s Nima Elbagir and Jim Bittermann contributed to this report