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Country name:

conventional long form: Republic of Mali
conventional short form: Mali
local long form: Republique de Mali
local short form: Mali
former: French Sudan and Sudanese Republic

 

 

Capital:

Bamako. Population: 1.2 million (UN estimate 2003).
 

Description:
Mali is a landlocked republic, sharing borders with Mauritania, Algeria, Burkina Faso, C?�te d’Ivoire, Guinea, Niger and Senegal. It is a vast land of flat plains fed by two major rivers, the Senegal on its western edge and the great River Niger.
 

 

Location:

Western Africa, southwest of Algeria

 

Area:

1,240,192 sq km (478,841 sq miles).

 

map of Mali.

Population:

13.8 million (UN estimate 2005).

 

 

Climate:

Three main seasons which vary according to latitude. Rainy season runs between June and October, diminishing further north. The cooler season (October to February) is followed by extremely hot, dry weather until June

Economy - overview:

Mali is one of the poorest countries in the world with an average per capita annual income of about US$470 (2006), an unemployment rate of 14.6% and 64% below the poverty line (2001) . The economy is almost entirely agricultural even though less than 2% of the land is cultivable. Livestock and subsistence crops such as millet, sorghum, maize and rice are raised for domestic consumption.

The main cash crop is cotton, of which Mali is one of Africa’s largest producers and exporters. The Malian cotton industry, upon which one-third of the population depend for their livelihood, is in serious difficulty because of exceptionally low world prices.

Mali is one of the largest gold producers in Africa. Marble, salt and phosphates are also being exploited; there are also known reserves of iron ore and uranium.

Economy:

Mali is one of the poorest countries in the world with an average per capita annual income of about US$470 (2006), an unemployment rate of 14.6% and 64% below the poverty line (2001) . The economy is almost entirely agricultural even though less than 2% of the land is cultivable. Livestock and subsistence crops such as millet, sorghum, maize and rice are raised for domestic consumption.

The main cash crop is cotton, of which Mali is one of Africa’s largest producers and exporters. The Malian cotton industry, upon which one-third of the population depend for their livelihood, is in serious difficulty because of exceptionally low world prices.

Mali is one of the largest gold producers in Africa. Marble, salt and phosphates are also being exploited; there are also known reserves of iron ore and uranium.
 

 

Languages:

French (official), Bambara 80%, numerous African languages

 

Economy- Overview:

 

Industries:

food processing; construction; phosphate and gold mining

 

Exports:
Cotton, gold and livestock

Imports:
Food, machinery and equipment, petroleum products, chemicals and pharmaceuticals, and textiles.
Main trade partners: China, Thailand, France, Senegal and C?�te d'Ivoire.

Exchange rates:
CFA (Communaut?� Financi?�re Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5,000, 2,000 and 1,000. Coins are in denominations of XOF500, 200, 250, 100, 50, 25, 10 and 5. Mali is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.
http://www.worldtravelguide.net/country/161/money/Africa/Mali.html

GDP :
US$5.8 billion (2006).

 

Useful links:

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  Copyright By :  Kish Trade Promotion Center  2002