Embassy of India, Bamako, Mali : Factsheet on Mali

Factsheet on Mali

Embassy of India

Bamako

Mali - Fact Sheet

1.	Official Name	Republic of Mali
2.	Capital	Bamako
3.	Neighbors	Algeria, Niger, Burkina Faso, Cote d’Ivoire, Guinea, Senegal and Mauritania
4.	Area	Approx. 1.24 million sq km
5.	Currency	CFA/XOF common to 8 West African countries
6.	Population	24.1 million (2024) (Source: World Economic Outlook 2024, IMF)
7.	Religion	93.9% Islam, 2.8% Christian, 3.2% Animists and others
8.	Languages	Bambara (spoken by around 80% of population), French and numerous other African languages
9.	National Day	Independence Day – 22 September (1960)
10.	Form of Government/Forthcoming Election (if any)	Presidential system of government (5 years term – with two term Constitutional limit). Last presidential election was held on 29 Jul 2018 with a run-off on 12 Aug 2018. Two military coups took place in August 2020 and May 2021. Currently, Mali is under the administration of a Transition Government.
11.	Major Political Parties	Rally for Mali (RPM) Alliance for Democracy in Mali – Pan-African Party for Liberty, Solidarity and Justice (ADEMA-PASJ) Union for the Republic and Democracy (URD) Movement for Mali (MPM) Alliance for Solidarity in Mali - Convergence of Patriotic Forces, (ASMA-CFP) ADP-Maliba (Democratic Alliance for Peace) Convergence for the Development of Mali (CODEM) Yelema (The Change) Party
12.	Head of State/ Head of Government / (constitutional term, since when)	H.E. Army General Assimi Goita, President of Transition and Head of State H.E. Major General Abdoulaye Maïga, Prime Minister of Transition, Head of Government and Minister of Territorial Administration and Decentralization (Appointed by the Transitional President)
13.	GDP (Current prices)	US$ 21.65 billion (2024) (Source: World Economic Outlook 2024, IMF)
14.	GDP Growth Rate (Constant prices)	3.8% (2024) (Source: World Economic Outlook 2024, IMF)
15.	GDP Per Capita (Current prices)	US$ 898.46 (Source: World Economic Outlook 2024, IMF)
16.	Principal natural resources (agricultural and mineral)	Gold, phosphates, kaolin, salt, limestone, uranium, lithium, gypsum, granite, hydro-power Note: Bauxite, iron ore, manganese, tin, and copper deposits are known but not exploited
17.	Total Trade	Approx. US$ 10.8 billion (2024 est) (Source: Economic Intelligence Unit, Feb 2025)
18.	Total Exports/Top exported products/Top importing countries	Total Exports: US$ 5.6 billion (2024 est), Export commodities: Gold (85% of total exports). Others export items include livestock, cotton, etc. Export partners: Main export partners are South Africa, Switzerland, Australia, Turkey, China and India (Source: Economic Intelligence Unit, Feb 2025)
19.	Total Imports / Top imported products / Top exporting countries	Total Imports: US$5.2 billion (2024 est) Imported commodities: fuel, capital equipment, foodstuffs, Pharmaceuticals etc. Import partners: Mali main import partner are China Senegal, France and Ivory Coast. (Source: Trading Economics)
20.	Total Bilateral Trade	US$ US$ 148.97 million (2023-24) (Source: Export Import database, DoC, GoI)
21.	India’s Exports / Top exported products	US$119.62 million (2023-24) Main items of export: pharmaceutical products, cotton, woven fabric, tea, rice, bicycle and motorcycle parts and accessories thereof, household articles, sewing machines, etc. (Source: Export Import database, DoC, GoI)
22	India’s Imports / Top imported products	US$29.35 million (2023-24) Main items of import: gum arabic, gold, cotton, cashew nuts etc. (Source: Export Import database, DoC, GoI)
23	Development Partnership with India (LoCs, Grants)	LoC Projects: Projects under 7 Lines of Credit (LoC) totaling US$ 303.6 million have been completed. A 225 KV double circuit power transmission project connecting Bamako and Sikasso via Bougouni (395 Kms) at the value of USD 100 million whose construction is in its initial stages and is expected to be completed by August 2022. Completed projects are in the energy sector, agriculture and food processing projects, acquisition of railway coaches and setting up of agro machinery and tractor assembly plant. Grant projects: Gifting of IT Equipment to the Ministry of Foreign Affairs and International Cooperation of Mali - this was announced during the visit of Hon'ble Vice President of India to Mali on September 29-30 2015. These equipment were handed over to MOFA on 14 April 2017. Amount CFA 10,036,500 (Eq Rs. 10,93,074) Cash assistance of US$500,000 towards revival of World heritage site of Timbuktu - this was announced during the visit of Hon'ble Vice President of India to Mali on September 29-30 2015. The donation cheque was handed over to the Minister of Culture on 2 March 2017. by Hon'ble MOS (MJA) during his visit to Mali. Grant assistance of CFA 8,772,251 for procurement of scanning equipment for digitization of documents of the African House of Photography, Bamako under the aegis of Ministry of Culture, Government of Mali. (Eq. Rs. 11,85,263). Grant assistance of CFA 2,806,500 for procurement of basic equipment in the field of obstetrics for a newly built Community Health Centre in Missirikoro, Sikasso, Mali. (Eq Rs. 3,84,163)
24	Projects identified / in pipeline in solar and renewable energy fields, if any	During ISA Founding Conference held in New Delhi in March 2018, three solar projects were selected for financing under LOC - two on bilateral basis and one through ECOWAS Bank for Investment and Development (EBID): Setting up a sustainable village and use of solar photo voltaic technology for irrigation of 2500 ha of agricultural land at the value of US$ 22 million Construction of of 50 MW Solar Photo-Voltaic Power Plant in Fana at the value of US$ 60.65 million Construction of 2 MW Solar Photovoltaic plants in Mopti (EBID) - US$ 8 million The LOC for projects (S.No. 1 & 2) has been offered by the Government of India and is under consideration by the Government of Mali.
25	Capacity Building (ITEC and ICCR)	Training slots allotted to Mali under ITEC Programme is 70 for 2023-24. 15 ICCR scholarships are being offered to Mali annually. 52 Malian students have enrolled for degree/diploma courses offered by GoI under e-Vidya Bharati Arogya Bharati (eVBAB) till the academic session July 2023.
26	Indian Community	The number of Indians in Mali is estimated to be around 600. They are mainly in retail business, mining, power, steel, cement, pharmaceuticals and agro industry sectors. Though there is no official association of the Indian community in Mali, they meet often and gather together to celebrate various events and festivals.
27	Indian Investment	Indian commodities, pharmaceutical and light engineering products have a significant presence in Mali that otherwise has an abundance of Chinese / EU products. Indians in Mali are engaged primarily in business, mining, power, steel, cement, pharmaceuticals and agro-industry sectors.
28	Membership of major multilateral and regional associations / organizations	ACP, AfDB, AU, CD, ECOWAS, EITI (compliant country), FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MONUSCO, NAM, OIC, OIF, OPCW, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNISFA, UNMISS, UNWTO, UPU, WADB (regional), WAEMU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, G5-SAHEL.