Business in Mali, Bamako

The objectives of the subject “Foreign Trade and Business in the Republic of Mali” are the following:

1. To analyse the Malian Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Republic of Mali
3. To explore the Malian trade relations with the country of the student
4. To know the Malian Trade Agreements
5. To develop a business plan for the Malian Market

Malian Trade Agreements and Preferential Access

1. Mali and the West African Economic Area
2. Economic Community of West African States (ECOWAS)
3. West African Economic and Monetary Union (WAEMU)
4. Community of Sahel-Saharan States (CEN-SAD)
5. African Continental Free-Trade Area (AfCFTA)
6. United States-Mali
   1. Mali is the beneficiary of the African Growth and Opportunity Act (AGOA)
   2. US-UEMOA Trade Agreement
7. European Union-Mali
   1. Africa-European Union Strategic Partnership (Cotonou Agreement)
   2. European Union-Generalised System of Preferences (GSP)
8. Islamic Trade Preferential System (TPS-OIC)
9. G5-Sahel
10. Organisation for the Development of the Senegal River
11. Niger Basin Authority
12. Organisation for the Harmonisation of Business Law in Africa (OHADA)
13. Arab Bank for Economic Development in Africa (BADEA)

Trade Facilitation Programs

1. World Trade Organisation (WTO)
   1. WTO General Agreement on Trade in Services (GATS)
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
   3. WTO Agreement on Technical Barriers to Trade (TBT)
   4. WTO Agreement on Preshipment Inspection (PSI)
   5. WTO Agreement on Safeguards (SG)
   6. WTO Trade Facilitation Agreement (TFA)
2. World Customs Organisation (WCO)
   1. Revised Kyoto Convention (RKC)
3. International Bureau of Containers and Intermodal Transport (BIC)
4. International Civil Aviation Organisation (ICAO, Chicago Convention)
5. International Maritime Organisation (IMO)
   1. International Convention for Safe Containers (CSC)
   2. Convention Relating to Temporary Admission (Istanbul Convention)
6. Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (Rotterdam Rules, UN)
7. Customs Convention on Containers (CCC, UN) - not a member

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption
   2. African Union Development Agency (AUDA-NEPAD)
   3. Comprehensive Africa Agriculture Development Programme (CAADP)
3. African Development Bank (AfDB)
4. Africa-Asia Strategic Partnership (NAASP)
5. Africa-Korea Partnership
6. Africa-Japan Cooperation (TICAD)
7. Africa-South America Summit (ASA)
8. Forum on China-Africa Cooperation
9. Africa-India Framework for Cooperation
10. Africa-BRICS (Brazil, Russia, India, China, South Africa)
11. Africa-Turkey Partnership

Islamic Organisations

1. Afro-Arab Cooperation
2. Arab Bank for Economic Development in Africa (BADEA)
3. Islamic Development Bank (IsDB)
4. Organisation of Islamic Cooperation (OIC)
   1. Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
   2. Islamic Chamber of Commerce and Industry (ICCI)
   3. Islamic Centre for Development of Trade (ICDT)
   4. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)

Global Organisations

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)
2. World Bank (WB)
3. World Trade Organisation (WTO)
4. International Monetary Fund (IMF)

The Republic of Mali

The Republic of Mali (landlocked country) is the largest country in West Africa after Niger.

1. Mali shares borders with Mauritania, Algeria, Niger, Burkina Faso, Ivory Coast, Guinea-Conakry, and Senegal
2. Malian Population: 18 million people (50% women)
   1. Bambara
   2. Bobo
   3. Mandinka
   4. Bozo
   5. Dogon
   6. Senufo
   7. Soninke
   8. Songhai
   9. Fula
3. Malian Area: 1,241,238 square kilometres
4. Bamako is the capital of the Republic of Mali (1.8 million people)
5. The largest Malian cities are Bamako, Gao, Kayes, Kidal, Koulikoro, Mopti, Ségou, Sikasso, and Timbuktu
6. Official language of Mali: French
   1. 50% of Malian speak Bambara
7. Independence of Mali: 1960 (France)

More information about Mali (EENI African Portal).

Main religions in Mali:

1. Islam (94% of the Malian population)
2. African Traditional Religions

Mali belongs to the West African Economic Area (African Civilisation).

Malian Economy:

1. The main Malian economic activity are agriculture and livestock (44% of Malian GDP; 80% of the working population)
2. Malian GDP growth: 5%. Recession in 2012
3. Inflation in Mali: 2.1%
4. Mali is the third largest gold producer in Africa (75% of the total exports)
5. Malian Cotton: 15% of the total exports
6. Strong liberalisation policy
7. Political instability risks in North of Mali: Tuareg rebels (National Movement for the Liberation of Azawad) and Islamist armed groups
8. Malian currency: CFA Franc
9. Bamako (Mali) - Dakar (Senegal) Rail transport: 1,248 km

Alphadi, “The Prince of the Desert.” Child of Tuareg, Seidnaly Sidhamed alias ALPHADI was born in 1957 in Timbuktu (Mali), they parents were traders. In Niger; he lives surrounded by his eight brothers and sisters. Very early; he enjoys disguise her sisters and mother and spends hours in front of Hindus films to observe the make-up of the actresses. It is already very sensitive to anything that might improve the female beauty. However, in a Muslim country, fashion is a sector banned to boys. Alphadi flies to success. There is not a corner in the World where he had to organise a parade: Niamey, Abidjan, Paris, Brussels, New York, Washington, Quebec, and Tokyo.