Mali

Overview

Mali, officially the Republic of Mali, is a landlocked nation in West Africa. Mali is the seventh largest country in Africa, bordering Algeria to the north, Niger to the east, Burkina Faso and the Ivory Coast to the south, Guinea on the south-west, and Senegal and Mauritania to the west.

Economy

Mali is a landlocked country that depends on gold mining and agricultural exports for revenue. Economic activity is largely confined to the riverine area irrigated by the Niger River and about 65% of its land area is desert or semi-desert. About 10% of the population is nomadic and about 80% of the labour force is engaged in farming and fishing. Mali remains dependent on foreign aid. The country's fiscal status fluctuates with gold and agricultural commodity prices and the harvest; cotton and gold exports make up around 80% of export earnings. Industrial activity is concentrated on processing farm commodities. Mali is developing its iron ore extraction industry to diversify foreign exchange earnings away from gold. Mali has invested in tourism but security issues hurt the industry. Long-term threats to Mali’s economy include high population growth, corruption, a weak infrastructure, low levels of human capital and al-Qa'ida in the Islamic Maghreb (AQIM).

For further information please contact us:

33 Matters
Solar project

Power purchase agreement - Mali

We assisted a privately-owned steel manufacturing company in connection with its solar and wind project... More

Looking to make a strategic acquisition in Mali? We can help with that

Acquisition of Malian mining asset

We acted for a Singapore-listed company intending to acquire an ASX listed company. We verified statements in the bidder’s statement... More

Investigating assets for your mining company

Listing option for Canadian miner with Burkinabe and Malian assets

We provided the listing opinion for a Canadian company's listing on the Toronto Stock Exchange. The company owns assets in Burkina Faso and... More

Investing in francophone Africa? Our team can give you the legal lay of the land

Comprehensive regulatory advice - OHADA region

We provided a comprehensive overview of pharmaceutical and corporate law across the OHADA region for an international pharmaceutical... More

Make sure your operating procedures are compliant with local law

Banking regulations - Mali

We advised bulge bracket banks on the necessary criteria to establish the identity of individuals, companies and NGOs under the laws of... More

Connecting IT to quality legal advice in OHADA

Data protection advice across the OHADA region

We advised a leading IT services company on the rules for data protection across the OHADA region. This involved ensuring compliance for... More

Empowering hydropower projects

Hydropower plant refurbishment - Mali

We provided legal help for a company interested in bidding on an electromechanical equipment supply project for the Manantali Dam's... More

Getting retail banking right in francophone Africa

Retail banking in francophone Africa

We advised a leading international bank on regulatory compliance for retail banking in Francophone Africa, such as license requirements,... More

Crafting expert advice on bankruptcy law

Guide on bankruptcy law - OHADA region

We wrote the chapter on bankruptcy in the OHADA region for Thomson Reuters Inside the Minds: Bankruptcy Law Client Strategies in the Middle... More

Does your major transaction have an African element to it? Contact us for help

International securities law - Major corporate acquisition

We advised an Australian law firm on a financial transaction for a syndicate of banks. They were to loan an Australian company funding to... More

Working for global card issuers

New credit & debit card product advice - OHADA region

We advised one of the world’s major credit and debit card issuers seeking to roll out a new card product in Francophone Africa. We... More

Environmental OHADA survey

Environmental OHADA survey

We conducted an environmental survey entitled "Acquiring or selling business: key considerations relating to environmental law" in Benin,... More