A landlocked country in west Africa, Mali is the 8th largest state in Africa, with a land area of over 1.2 million square miles.
Mali has tremendous economic potential, chiefly in mining and agriculture, livestock, and fish. In common with many African nations, the population is young – around two-thirds of Malians are under 25 years of age.
The most fertile land is found on the banks of the Niger River, the Inner Niger Delta and the Sikasso region. Agricultural activities occupy 70% of Mali’s labour force and account for 42% of GDP. Cotton and livestock make up 75%–80% of Mali’s annual exports.
Gold accounted for around 80% of mining in the mid-2000s, while there remain considerable proven reserves of other minerals not currently exploited. Gold has become Mali’s largest export, after cotton—historically the backbone of Mali’s export industry—and livestock.
In recent years China has invested heavily in Mali, and Chinese-Malian joint venture companies have become commonplace. Chinese firms have invested in textiles and large construction projects, including a major international conference centre, and the new national stadium.
Our HLB West Africa team represents clients in Mali and offers a wide variety of professional services to businesses seeking to invest in West Africa.
Latest insights, case studies and news from across the network
Tackling the Netherlands agriculture industry's growing nitrogen emissions crisis
HLB’s Arjan Mulders and Martjin Kemperman discusses the impact and opportunities ahead for the Dutch agriculture industry
Space as a service: What’s next for co-working businesses and office real estate owners?
The pandemic has disrupted the ‘Space as a Service’ business model. Will it recover? We ask, what’s next for the co-working industry and office real estate owners.
The retail re-launch: How to revive customers' appetite for sales
As the summer sale season approaching, retailers need to rethink their value proposition to customers with less appetite to buy.
Get in touch
Whatever your question our global team will point you in the right directionStart the conversation