Ecowas now issues a statement condemning a coup even before the troop movements have settled.
Half of the money would go to ECOWAS and half to the Malians, the official said.
More fighting is expected along the borders, despite efforts by the regional organisation, Ecowas, to monitor the area.
Kone said the regional body Ecowas would start sending troops to Bamako on Sunday and continue on Monday.
Under the sanctions, the five neighboring ECOWAS members will close their borders to landlocked Mali except for humanitarian purposes.
The African policy expert said the United States will continue to support pressure by ECOWAS on the military junta.
Friday's agreement and the end of the ECOWAS sanctions brought fresh hope this weekend that Mali would return to democratic governance.
The African Union and ECOWAS had slapped the military junta in Bamako with travel and economic restrictions, and froze its assets.
The African Union and ECOWAS have also slapped the military junta with travel and economic restrictions and have frozen its assets.
CNN: Grave conditions reported as rebels capture northern Mali
ECOWAS, which says it will deploy 1, 670 soldiers on Guinea's borders, with a mandate to stop incursions and to defend civilians.
The UN allowed for the creation of African-led International Support Mission in Mali (AFISMA) in concert with ECOWAS and the African Union.
Chad, which is not part of the regional body Ecowas, is also sending 2, 000 soldiers to work in co-ordination with French troops.
But during a visit to Berlin, Ecowas chairman and Ivory Coast President Alassane Ouattara urged German Chancellor Angela Merkel to send troops.
In a statement, Ecowas Commission President Kadre Desire Ouedraogo said the decision was made "in light of the urgency of the situation".
BBC: Hollande steps up France security over Mali and Somalia
He said ECOWAS leaders will meet again this week in his capital, Abidjan, to discuss the possible activation of troops from member states.
The regional grouping Ecowas said after an emergency summit that it expected both countries to organise presidential elections within the next 12 months.
West African troops are expected to number 3, 500 and will operate in the framework of the United Nations resolutions, ECOWAS spokesman Sunny Ugoh said.
But Ecowas warned the coup leaders in Guinea-Bissau that if they failed to agree to the deployment within 72 hours, they face targeted sanctions.
ECOWAS's members, Senegal and Guinea, are already engaged in the war.
He said ECOWAS leaders will meet again this week in Ivory Coast's main city of Abidjan to discuss the possible activation of troops from member states.
For some months, Ecowas had been planning to send 3, 300 troops to Mali with the aim of helping government forces reclaim the north of the country.
BBC: Hollande steps up France security over Mali and Somalia
The west African bloc Ecowas said it was authorising the immediate deployment of troops to Mali "to help the Malian army defend its territorial integrity", AFP reported.
Members of ECOWAS, the Economic Community of West African States, pledged thousands of troops, and the Security Council has urged other nations to contribute forces as well.
Analysts say their foot soldiers are experienced desert fighters and are likely to face combat, with the bulk of the Ecowas troops providing more of a policing role.
It is Africa's second-biggest economy, after South Africa, and the leader of the regional Economic Community of West African States (ECOWAS), accounting for roughly half of its GDP.
For example, we were in a supporting role when West African ECOWAS forces intervened recently in Liberia and when Australian forces did their peace operations in East Timor.
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The French were the most bullish in supporting military intervention by ECOWAS (Economic Community of West African States), but the scale of the task was recognized as enormous.
The MLNA, however, warned ECOWAS against the deployment of troops.
CNN: Grave conditions reported as rebels capture northern Mali
On Monday, ECOWAS imposed a travel ban on the coup leaders and imposed a diplomatic and financial embargo that regional leaders discussed last week, ECOWAS Chairman Alassane Ouattara said.
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