Doing Business in Mali

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

1. To analyze the Malian Economy and Global Trade;
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.

The Subject “Foreign Trade and Business in Mali” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, Islamic Business, World Trade.

Course: Business in West Africa.

Masters: Business in Africa, International Business.

Languages: or Mali Mali Mali.

1. Credits of the subject “Foreign Trade and Business in Mali”: 1 ;
2. Duration: one week.

Area of Knowledge: Africa.

1. Trans-African Corridors
   1. Trans-Sahelian Highway;
   2. Algiers-Mali-Lagos Corridor.
2. Nearest Ports;
   1. Port of Dakar (Senegal);
   2. Port of Abidjan (Ivory Coast);
   3. Port of Cotonou (Benin);
   4. Port of Lomé (Togo).

Malian Trade Agreements and Preferential Access:

1. Mali and the West African Economic Area;
2. ECOWAS;
3. WAEMU;
4. CEN-SAD;
5. African Continental Free-Trade Area;
6. U.S.-Mali
   1. Mali is the beneficiary of the African Growth and Opportunity Act (AGOA);
   2. US-UEMOA Trade Agreement.
7. EU-Mali
   1. Africa-EU Strategic Partnership;
   2. European Union-Generalized System of Preferences (GSP).
8. Islamic Trade Preferential System;
9. G5-Sahel;
10. Organization for the Development of the Senegal River;
11. Niger Basin Authority;
12. OHADA;
13. Arab Bank for Economic Development in Africa (BADEA).

1. WTO
   1. Agreement on Trade in Services (GATS);
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Revised Kyoto Convention.
3. International Bureau of Containers and Intermodal Transport (BIC);
4. Chicago Convention (ICAO);
5. International Maritime Organization (IMO)
   1. Convention for Safe Containers;
   2. Istanbul Convention.
6. Rotterdam Rules;
7. Customs Convention on Containers - not a member.

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union
   1. AU Convention on Preventing and Combating Corruption;
   2. AUDA-NEPAD;
   3. Africa Agriculture Development Programme.
3. African Development Bank;
4. Africa-Asia Partnership;
5. Africa-Korea Partnership;
6. Africa-Japan Cooperation;
7. Africa-South America Summit;
8. China-Africa Cooperation;
9. Africa-India Cooperation;
10. Africa-BRICS;
11. Africa-Turkey Partnership.

Islamic Organizations:

1. Afro-Arab Cooperation;
2. BADEA;
3. Islamic Development Bank;
4. Organization of Islamic Cooperation (OIC)
   1. Committee for Economic Cooperation (OIC-COMCEC);
   2. Islamic Chamber of Commerce;
   3. Islamic Centre for Development of Trade;
   4. Statistical, Economic and Social Centre for Islamic Countries.

Global Organizations:

1. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
2. WB;
3. WTO;
4. IMF.

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 km²;
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 Business 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 Civilization).

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 liberalization 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 organize a parade: Niamey, Abidjan, Paris, Brussels, New York, Washington, Quebec, and Tokyo.

(c) EENI Global Business School (1995-2023)
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