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).

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32 Matters
OHADA guide on oil & gas activities

OHADA guide on oil & gas activities

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Mining assets in Burkina Faso.

Mining investment in Burkina Faso and Mali

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Corporate & mineral assets advice

TSE-listing and due diligence on corporate & mineral assets

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Banking regulation across 5 jurisdictions

Banking regulation across 11 jurisdictions

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Multi-jurisdictional banking regulation s

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Mining assets in Burkina Faso and Mali

Mining assets in Burkina Faso & Mali

We advised a major Canadian fund on its investment into mining assets in Burkina Faso and Mali. We conducted full due diligence, on both... More

Internet sales – Ivory Coast, Mali, Chad & Madagascar

We acted for a major on-line retailer advising whether the client’s standard way of operating in new countries was acceptable under... More

Our regional experience helped French-based multi-national

On the ground multi-jurisdictional due diligence

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