West

Mali

مالي

Mission
In scope · Country file in preparation
Country file
Published, with sources · Last reviewed 2026-10-07

From within

This file covers the Republic of Mali: leadership and institutions, geography and society, the economy and its main sectors, the investment framework, the relationship with the Kingdom of Saudi Arabia, and the media landscape.

The country at a glance

Neighbours: Algeria · Niger · Burkina Faso · Côte d’Ivoire · Guinea · Senegal · Mauritania

Overview

The country at a glance

Selected indicators

Population
25.2 million peopleExact value: 25,198,821World Bank · 2025 · Estimate38
GDP
30.07 US$ bnWorld Bank · 202538
GDP per capita
1,193 US$World Bank · 202538
GDP growth
5.6 %World Bank · 202538
Urban population
32.2 %World Bank · 2025 · Estimate38
Population under 15
45.8 %World Bank · 2025 · Estimate38

Country card

Official name
Mali
Capital
Bamako
Region
West
Location
Landlocked
Neighbours
Algeria · Niger · Burkina Faso · Côte d’Ivoire · Guinea · Senegal · Mauritania
More essential facts — 13 entries
Population
22.4 million (2022 census)Data year: 2022303132
Annual population growth
3.3% a yearData year: 2022303132
Area
About 1.24 million km²303132
Sea access
None: Mali is landlocked303132
Capital
Bamako303132
Independence
22 September 1960Data year: 1960303132
Currency
CFA franc (XOF)20
Time zone
UTC+0303132
Organisation of Islamic Cooperation (OIC)
Founding member (1969)Data year: 1969303132
Islamic Development Bank (IsDB)
Member303132
West African Economic and Monetary Union (WAEMU)
Member20303132
ECOWAS
Mali left in January 2025Data year: 2025303132
Alliance of Sahel States (AES)
Member, with Burkina Faso and Niger303132

Geographic context and connectivity

No access to the sea

Mali is a landlocked country. 303132

Society

People, society and culture

Topics in this section: Gold and lithium · Founding member of the OIC · A regional shift1415161718303132

People & Society

Gold and lithium

Gold accounted for 76.5% of Mali's exports in 2022, and the first lithium exports and shipments took place in 2025 from two projects. 1415161718

Founding member of the OIC

Mali is a founding member of the Organisation of Islamic Cooperation (1969) and a member of the Islamic Development Bank. 303132

A regional shift

Mali left ECOWAS in January 2025 and is a member of the Alliance of Sahel States with Burkina Faso and Niger. 303132

Three aspects of the general context

JNIM declared a fuel blockade in September 2025, no election timetable has been announced for the transition, and Mali is landlocked. Analysis12678303132

Methodological note

The population figure comes from the fifth census (2022); the Muslim share comes from general references, and the census breakdown by religion has not been seen. Analysis303132

Hajj

Mali's quota for Hajj 2026 was 13,323 pilgrims (an allocation, not the number who performed Hajj), and more than 4,000 pilgrims of private agencies were affected by EgyptAir flight cancellations in May 2026. 29

Institutions

Institutions and national direction

Leadership

Section facts and information — 8 entries
Transition President
Gen. Assimi Goïta, in office since 2021Data year: 202112
Prime Minister
Gen. Abdoulaye MaïgaData year: 2026345
Minister of Defence
The President himself, since May 2026Data year: 202612345
Economy and Finance (Minister of State)
Alousséni SanouData year: 2026345
Foreign Affairs and International Cooperation
Abdoulaye DiopData year: 2026345
Mines
Amadou KeïtaData year: 2026345
Industry and Commerce
Moussa Alassane DialloData year: 2026345
Religious Affairs
Mahamadou KonéData year: 2026345

Topics in this section: Leadership of the transition · February 2026 · April 202612345678

Leadership of the transition

Gen. Assimi Goïta has led the transition since 2021. 12

On 8 July 2025 a law was signed granting the President a five-year mandate, 'renewable as many times as necessary until the country is pacified'. 12

Political parties were dissolved in May 2025. 12

As of the last fact check by the file's source team (7 October 2026), no election timetable had been announced. 12

The opposition and rights groups criticise the extension of the mandate and the dissolution of the parties. 12

February 2026

A government reshuffle in February 2026, with Gen. Abdoulaye Maïga as Prime Minister. 345

April 2026

According to press reports, JNIM and the Azawad Liberation Front (FLA) carried out coordinated attacks on 25 April 2026, in which the Defence Minister, Gen. Sadio Camara, was killed. 678

The Azawad Liberation Front (FLA) declared control of Kidal after Africa Corps withdrew from the city on 27 April 2026, while the government said the situation was under control. 678

On 10 April 2026 Mali withdrew its recognition of the Sahrawi Arab Democratic Republic and endorsed Morocco's autonomy plan, according to press reports. 3334

May 2026

In May 2026 the President took over the Defence portfolio himself (decree of 4 May 2026); Gen. Oumar Diarra is Deputy Minister. 12345

July 2026

The revised budget (3 July 2026) lists among its priorities security, a cotton subsidy (CMDT) and special mining accounts. 1213

Investment promotion body

API-Mali is listed as the investment promotion agency; its mandate is to be confirmed. 37

Taxes (to be confirmed)

The corporate tax (30%) and VAT (18%) rates found in general references are not confirmed; they are to be confirmed with the tax authority (DGI). 37

Business law

The investment framework includes WAEMU/OHADA business law and the BCEAO. 37

Regional framework

Mali is a member of the WAEMU and of the Alliance of Sahel States, and left ECOWAS in January 2025. 20303132

Institutions

Official bodies with their roles and official websites. Listing a body here does not make it a partner of the initiative.

Government and institutions 6

  • Ministry of Economy and Finance

    Government ministry

    345

  • Ministry of Industry and Commerce

    Government ministry

    345

  • Ministry of Mines

    Government ministry

    345

+3 more
  • Ministry of Energy and Water

    Government ministry

    345

  • Ministry of Agriculture

    Government ministry

    345

  • Ministry of Religious Affairs

    Government ministry

    345

Investment and finance 2

  • Investment Promotion Agency (API-Mali)

    Investment promotion agency (mandate to be confirmed)

    37

  • Central Bank of West African States (BCEAO)

    Sets the main policy rate

    20

Sectors and regulation 3

  • SOREM

    State mining company

    37

  • CMDT

    Named in the priorities of the revised 2026 budget (a cotton subsidy)

    1213

  • Haute Autorité de la Communication (HAC)

    Media regulator

    3536

Media and statistics 2

  • Malian Radio and Television Office (ORTM)

    State broadcaster: radio and television

    3536

  • Malian News Agency (AMAP)

    State news agency

    3536

Other bodies 1

  • L'Essor newspaper

    State daily newspaper

    3536

Economy

Economy and sectors

Topics in this section: The IMF programme · The IMF mission of November 2025 · Priorities of the revised budget910111213

The IMF programme

A programme monitored by IMF staff: a first review in December 2025 and a final review in March 2026, with all targets met. 91011

The IMF mission of November 2025

In November 2025 an IMF mission cut its 2025 growth figure to 4.1%, citing fuel disruption, lower gold output and power cuts; the IMF's March 2026 figure is 5.0%. 91011

Priorities of the revised budget

The priorities in the revised 2026 budget are security, a cotton subsidy (CMDT) and special mining accounts. 1213

Fuel supplies

The group JNIM declared a fuel blockade in September 2025. 678

Fuel was rationed nationwide in January 2026. 678

Gold: the Barrick settlement

In the settlement of November 2025 the government dropped the charges and returned the seized gold. 141516

Barrick regained control on 18 December 2025. 141516

The Senou refinery

The gold refinery at Senou has been under construction since June 2025, involving Russia's Yadran Group and a controlling state stake. Announced141516

Artisanal mining: a data gap

Artisanal gold output is not covered by the official industrial figures; this is a data gap. 141516

The 2023 Mining Code

The 2023 Mining Code covers higher state stakes and local content. 37

The state mining company

SOREM is the state mining company. 37

Goulamina

Ganfeng is listed with a 100% holding in the Goulamina project after July 2025; state stakes are not verified. 1718

The first export from Goulamina took place in June 2025. 1718

Bougouni

The Bougouni project is listed under Kodal/Hainan Mining; its first shipment was in December 2025. 1718

State stakes in the two lithium projects

The state's stakes in the Goulamina and Bougouni projects have not been verified. 1718

The monetary union

Mali is part of the WAEMU (CFA franc, XOF) and left ECOWAS in January 2025. 20303132

Cotton: the second export

Cotton is Mali's second export after gold. 19

Benin overtook Mali as Africa's top cotton producer in the 2025/26 season. 19

Sectors and areas for cooperation

Established sectors

  • Gold (industrial and artisanal)

    The first export; 42.2 t of industrial gold in 2025 (provisional), with artisanal output not covered by the official industrial data.14151619

  • Lithium

    First exports from Goulamina in June 2025; first shipment from Bougouni in December 2025.1718

  • Cotton

    About 434,000 t expected in 2025/26 (expected output, not a harvest outturn).19

Analysis3
  • Gold refinery (Senou)

    Announced

    Capacity of 200 t a year (a capacity, not output); under construction since June 2025.141516

  • Barrick's return after the settlement

    Announced

    Settlement in November 2025; the company regained control on 18 December 2025.141516

  • Raising cotton output

    Target

    A target above 650,000 t in 2026/27 (a target, not a harvest outturn).19

Areas worth studying8

Applies to everything in this group: Area worth studying, not a ready-made opportunity.

  • Food and halal meat

    Saudi exports of meat to Mali are recorded in the bilateral trade data.21

  • Plastics and packaging

    Plastics appear among Saudi exports to Mali.21

  • Distributed solar power

    The IMF mission of November 2025 cited fuel disruption and power cuts among its reasons for lowering its 2025 growth figure; JNIM declared a fuel blockade in September 2025.67891011

  • Livestock and feed

    Saudi meat exports to Mali are recorded in the trade data.21

  • Cotton processing

    The cotton output target for 2026/27 is higher than the output expected for 2025/26.19

  • Development and Islamic finance

    Mali is a member of the Islamic Development Bank.91011303132

  • Manuscripts and Islamic education

    In 2021 a memorandum of understanding on moderation was concluded between the Saudi Ministry of Islamic Affairs and Mali's Ministry of Religious Affairs.2223242526

  • Hajj and travel services

    More than 4,000 private-agency pilgrims were affected by EgyptAir flight cancellations in May 2026.29

2025 growth, by report date: IMF mission (November 2025): 4.1%; final review of the IMF Staff-Monitored Programme (March 2026): 5.0%; budget-programming document, DPBEP (June 2026): 4.9%. The IMF figure of March 2026 is used and the others are shown, attributed.

With Saudi Arabia

Saudi Arabia and Mali

Topics in this section: The Grand Mosque of Bamako · Trade in 2025 · A memorandum on Islamic affairs212223242526

This section documents announced facts from their official sources, with dates and status, without assessment.

The Grand Mosque of Bamako

The Grand Mosque of Bamako was built with Saudi government funding in the late 1970s, according to a secondary reference. 2223242526

Trade in 2025

Saudi exports to Mali were SAR 13.0 million against Saudi imports from Mali of SAR 88 thousand in 2025 (full year, DataSaudi). 21

A memorandum on Islamic affairs

In 2021 a memorandum of understanding on moderation was concluded between the Saudi Ministry of Islamic Affairs and Mali's Ministry of Religious Affairs. 2223242526

Section facts and information — 11 entries
Mali's Hajj 2026 quota (an allocation, not the number who performed Hajj)
13,323 pilgrimsData year: 202629
Private-agency pilgrims affected by flight cancellations (May 2026)
More than 4,000 pilgrims were affected by EgyptAir flight cancellationsData year: 202629
Saudi exports to Mali in 2025 (full year)
SAR 13.0 millionData year: 202521
Saudi exports of plastics to Mali in 2025
SAR 3.7 millionData year: 202521
Saudi exports of meat to Mali in 2025
SAR 3.6 millionData year: 202521
Saudi exports of mineral fuels to Mali in 2025
SAR 1.2 millionData year: 202521
Saudi imports from Mali in 2025 (full year)
SAR 88 thousandData year: 202521
Saudi exports to Mali in the single month of July 2026
SAR 4.3 million (sugar and plastics)Data year: 202621
FDI stock listed in DataSaudi (2024)
SAR 12.1 million; the direction of the stock (inward or outward) is not explicit on the source pageData year: 202421
Dates handed over by the King Salman Humanitarian Aid and Relief Centre (KSrelief) (3 May 2026)
50 tonnesData year: 20262728
Participants in the Islamic Military Counter Terrorism Coalition training in Bamako (22–25 May 2025)
More than 200 participantsData year: 20252728

Milestones

  1. 2026

    2026-05-03

    KSrelief handed 50 tonnes of dates to Mali's Minister of Food Security in Bamako (3 May 2026). · Unspecified 2728

  2. 2026

    2026-03-05

    A copy of the credentials of Mali's new ambassador to the Kingdom, Ibrahima Dahirou Dembélé, was received in Riyadh (5 March 2026). · Unspecified 2223242526

  3. 2026

    Mali's quota for Hajj 2026 was 13,323 pilgrims (an allocation, not the number who performed Hajj). · Unspecified 29

Earlier record (5)
  1. 2025

    2025-05

    The Islamic Military Counter Terrorism Coalition held a training in Bamako on countering terrorist financing, with more than 200 participants (22–25 May 2025). · Unspecified 2728

  2. 2023

    2023-11-11

    King Salman received a written message from the head of the transition, Assimi Goïta, on the sidelines of the Saudi–Africa Summit. · Unspecified 2223242526

  3. 2023-11-11

    The Saudi Foreign Minister, Prince Faisal bin Farhan, received Mali's Foreign Minister Abdoulaye Diop on the sidelines of the Saudi–Africa Summit. · Unspecified 2223242526

  4. 2021

    2021-02-28

    The Saudi Foreign Minister, Prince Faisal bin Farhan, received Mali's Foreign Minister in Riyadh. · Unspecified 2223242526

  5. 2021

    A memorandum of understanding on moderation between the Saudi Ministry of Islamic Affairs and Mali's Ministry of Religious Affairs (2021). · Unspecified 2223242526

Records without a date

  • The Grand Mosque of Bamako was built with Saudi government funding in the late 1970s, according to a secondary reference. · Unspecified 2223242526

What we do not know yet

  • The Saudi Fund for Development's portfolio in Mali: not found in the sources reviewed.
  • Any recent economic agreements between the two countries: not verified.
  • The direction of the FDI figure in DataSaudi (inward or outward): not explicit.
  • Investment-protection and double-taxation agreements between the two countries: not verified.

Media

Media and editorial perspectives

Topics in this section: Public broadcasting · State press · Private and community media3536

Public broadcasting

The Malian Radio and Television Office (ORTM) is the state broadcaster for radio and television. 3536

State press

State media include the daily L'Essor and the news agency AMAP. 3536

Private and community media

There are numerous private and community radio stations. 3536

Regulation

The regulator is the Haute Autorité de la Communication (HAC). 3536

Foreign broadcasters

Broadcasts of RFI and France 24 have been suspended since 2022, and some domestic outlets have also been suspended. 3536

The government's stated position is national security. 3536

Sources

Sources and updates

Sources cited on this page, numbered as they appear next to each item.

Last reviewed: 2026-10-07

This file is not legal, financial, investment or security advice. Political and security facts are presented as they appear in their sources, without assessment. The last fact check, on 7 October 2026, was made by the team that prepared the source dossier; the content here was matched to the evidence supplied with that dossier, and the sources were not rechecked online by this site.

Control of Kidal (April 2026): the Azawad Liberation Front (FLA) declared control of the city after Africa Corps withdrew from it, while the government said the situation was under control. Both positions are attributed; the maps make no assessment of control.

Leadership mandate: the government presents a five-year mandate, renewable until pacification (July 2025); the opposition and rights groups criticise the extension and the dissolution of parties. Both positions are attributed.

Taxes: the corporate tax and VAT rates found in general references are not confirmed here; no current tax-authority document (DGI) has been reviewed, and the rates are to be confirmed with the tax authority before being relied on.

The team that prepared the source dossier worked through research, then documentation of the evidence, then analysis and editorial writing, then a final check of fast-changing information. Official sources, official Saudi bodies and international institutions were used first, then specialised sources, then documented press where the original source is unavailable. Main sources include DataSaudi (GASTAT); SPA via Ajel and Riyadh Daily; the IMF; the BCEAO; INSTAT; Mali's Council of Ministers; and agencies and press including Ecofin, AFP, NPR, Sika Finance, APA, Mysteel and Reporters Without Borders. That team's last fact check was on 7 October 2026; the content here was matched to the evidence supplied with the dossier, and the sources were not rechecked online by this site.

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    Cited in: The monetary union · Institutional context · Currency · West African Economic and Monetary Union (WAEMU) · BCEAO main policy rate · Central Bank of West African States (BCEAO)

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    Cited in: Population · GDP · GDP per capita · GDP growth · Urban population · Population under 15 · Life expectancy · Access to electricity · Internet users