The African shipping market has the wind in its sails

The interest of large global players in maritime shipping along the African coast is one of the indicators of their confidence regarding the African growth prospects. Relatively untouched by the current crisis, sea freight sector mobilizes investors.

Large operators remain alert to opportunities while new commercial lines and stopovers are being created. This traffic represents more than 80% of the total trade in Africa. read more...

Starting a Foreign Business in Mali

This piece highlights issues for consideration when starting a foreign business in Mali in four areas: 1) foreign business start-up, 2) access to industrial land, 3) foreign ownership issues across sectors, and 4) commercial dispute arbitration. read more...

Video: Carpet Weaving

A group of women in Mali’s town of Segou are pooling their carpet-weaving skills to bring out various unique rugs. The business has gone a long way in helping them put food on the table and pay school fees for their children.
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Fonds d'investissement du mali

Le Fond d'investissement au Mali est une plateforme financière dédiée à ceux qui souhaitent investir en Afrique de l’Ouest, dans l'idée d'en retirer un profit, et aussi dans l'optique d'une meilleure répartition des richesses au niveau mondial. C'est un lieu commun de dire que cette région du Monde souffre d'une carence en investissement étranger, levier primordial à l'essor d'une économie; c'est aussi une amère réalité qu'il convient de combattre pour tous ceux qui sont sensibles aux dégâts qu'engendrent la pauvreté et l'ignorance, et pour ceux qui ne supportent plus ce contraste attristant de deux humanités qui bénéficient de moyens si différents pour accomplir leurs rêves ou leurs œuvres. Read more

Mali Soon to Become Uranium, Bauxite and Uranium Producer

APA-Bamako (Mali) Mali began to diversify its mining output with the stated ambition to break the dominance of the gold that has been one of its main sources of growth over the last fifty years.

This is certainly not the beginning of the post-gold period, but people are talking more and more about iron ore in the country with the Moribabougou deposit, at the eastern entrance of Bamako, where a development permit has been given to the Indian group Sandeep Gard and Company.

The site contains 91 million tons of iron ore whose early work should begin operating in September with a view to creating 1,636 jobs and nearly CFA 30 billion incomes for Malians in 10 years.

Sahara Mining SA will manage the site, a subsidiary percent "Sandeep Gard and Company" (SGNCO) by 80%, the remaining 20% capital is for the Malian state.

Moreover, the country plans to join in 2012 the circle of uranium-producing countries after the award to a Canadian company “Rockgate Capital Corporation” a license to operate the Falea deposit, a rural town in Kayes region (west).

Work is underway in parallel for the start in 2016 of the mining operations of 420 million tonnes of bauxite ore by the British firm CAMEC (Central African Mining and Exploration Co) in the same Falea area.

However, gold should retain its dominant position in the domestic economy, thanks to the Syama Mine (west), which resumed operations on 6 May, with the hope of contributing 6 to 7 tonnes of the 50 tonnes of gold produced annually.

This desire to diversify mining products in Mali is the result of the increasing prospects of energy availability and the rise in commodity prices, considering future depletion of major gold mines. more

Mali to begin iron ore mining in Sept - ministry

Mali will become West Africa's newest iron ore producer when Indian-owned firm Sahara Mining starts digging the steelmaking ingredient in September, a mines ministry official said on Friday. The $41 million Tienfala project, around 20 km from the capital Bamako, will be Mali's first iron ore mine, said Lassana Guindo, head of the department of geology and mines at the Mines Ministry. more

IMF's economic forecast for Mali through 2015

IMF's economic forecast for Mali through 2015

All currencies in USD

Year Growth GDP GNI Population(millions)

2009 4.5% 8.9 $1172 13.6

2010 5.1% 9.5 $1213 13.9

2011 6.3% 10.3 $1279 14.3

2012 5.3% 11.0 $1340 14.6

2013 5.2% 11.8 $1404 14.9

2014 5.0% 12.7 $1468 15.3

2015 4.4% 13.5 $1527 15.6

http://www.imf.org/external/datamapper/index.php