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India - Mali Business and Cultural Council

Mali is a landlocked country in West Africa, known for its rich cultural heritage and historical sites like Timbuktu and Djenné. It has diverse ethnic groups and is largely desert or semi-desert, with a significant portion of its economy based on agriculture.

Ambassador and Consul General

The Ambassador Mr. H.E. Sekou Kasse and Chairman & Managing Director Mr. Vikash Mittersain of the Embassy of the Republic of Mali have accepted the Honorary Membership of Global India Business Forum, in the presence of Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari and Global Youth Co-ordinator Mr. Abhishek Joshi. Realizing Strengths of Global India Business Forum and Consulate of the Republic of Mali and conscious of the benefits to be derived by both organizations and its members through this mutual understanding, both parties will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.

embassy-of-mali-ambassador-and-consul-general

Gold, Cotton, Oily seed, Wood, Vegetables

Petroleum oil, Mineral fuels, Cement, Fertilizers, Wheat, Photosensitive Semiconductor Devices

About Mali

ABOUT Mali

Mali, or the Republic of Mali, is a landlocked country located in West Africa and is the eighth largest country in Africa in terms of land area which is approximately 1,241,238 square kilometres. The population of the country as of 2024 stands at 24,015,789. The capital of Mali is Bamako. The country became independent from the French rule in the year 1960. The country shares its borders with countries like Algeria, Niger, Burkina Faso, Ivory Coast, Guinea and Senegal. Mali is considered to be one of the hottest countries in the world and it lies in the Torrid Zone. Most of the country lies in the southern Sahara Desert which is why the country is extremely hot and is dust-laden too. The country also receives negligible rainfall and the drought situation is quite frequent in the country too. The country produces natural resources like gold, uranium, phosphates, salt, kaolinite and limestone.

Business Opportunities in Mali

BUSINESS OPPORTUNITIES IN Mali

The country’s economy mainly depends upon agriculture and mining to generate revenues for the country. The wealth of Mali lies in conducting mining activities and producing agricultural commodities, livestock and fish. Mali mainly produces cotton, cereals and rice. The rice products produced in Mali is giving competition to the rice quality produced by Asian countries. Another important sector which can act as a source for immense business opportunities for Mali and other countries is the mining sector. Mali is rich in deposits of Gold and Phosphate. There are deposits of Copper and Diamond found in the region too, but Gold and Phosphate have experienced major exports.

Exports and Imports In Mali

Overview In 2022, Mali was the number 121 economy in the world in terms of GDP (current US$), the number 113 in total exports, the number 138 in total imports, the number 173 economy in terms of GDP per capita (current US$) and the number 133 most complex economy according to the Economic Complexity Index (ECI)

Top Exports of Mali

The top exports of Mali are Gold ($7.26B), Raw Cotton ($105M), Other Oily Seeds ($39.7M), Rough Wood ($30.4M), and Iron Ore ($12.3M), exporting mostly to United Arab Emirates ($5.57B), Switzerland ($1.26B), Australia ($405M), China ($77.5M), and Turkey ($55.4M).

Top Imports of Mali

The top imports of Mali are Refined Petroleum ($1.96B), Light Pure Woven Cotton ($215M), Broadcasting Equipment ($211M), Packaged Medicaments ($182M), and Gold ($171M), importing mostly from Cote d'Ivoire ($1.46B), Senegal ($1.13B), China ($581M), France ($367M), and Burkina Faso ($304M).

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