Mali’s key economic driver is its agricultural industry, with cotton acting as its largest crop export, although foreign investors are interested in the country’s mining resources and attracted by its fairly relaxed mining codes. The growth in export levels of gold have served well where regional unrest, in neighbouring Côte d’Ivoire, have had an impact.
The government is keen to attract foreign involvement, and in doing so initiate economic reform. This meant focussing on privatization, and a reformation of public enterprises.
The current constitution favours an independent judiciary, and Mali’s highest courts are the Supreme Court, with judicial and administrative powers, and a Constitutional Court, although various lower courts exist.
The Firm is currently acting on a major due diligence exercise for a French-based multinational acquiring assets across the region.
The Firm recently conducted a review of banking regulation for an international bank, and a review of the telecommunications sector for a US-based telcoms company.
The Firm has conducted a major review of the power generation sector from the viewpoint of an international independent power producer (“IPP”). This has been published in conjunction with Trinity LLP at http://www.africapowerguide.com/countries-7
For further information please contact: