Mali

a structured answer to the problem of financing of SMEs/SMIs

Posted by Name of the person posting. May 12th, 2010


The Project of supporting the financing of small and medium-sized enterprises, implemented to strengthen the SME, is a structural answer of the government to the recurring problem of access of the SME to the financing by facilitating the access of 200 of them to the bank credit through Banks.

The project, on the occasion of its launching ceremony, offered a financing of 350 million FCFA to 35 entrepreneurships.

It will cover a period of 5 years (2009/2013) and will cost more than 2,6 billion FCFA. The financing is assured by the government (595 millions, either 22,08 % of the total cost), the BRS Bank (2 billion FCFA, or 74,21 %) and the beneficiaries (100 million FCFA, or 3,71 %).

It is planned to create a mechanism of financing of 200 loans in SME and similar projects which will be guaranteed by the Fund of company’s development (FDE) and guaranteed by the fund given by the government.

These efforts will have to allow the private sector to completely play the role of control lever of supporting the economic growth, the supplier of long-term jobs and the contributors in the reduction of the poverty.

Doing Business 2010

Posté par Name of the person posting 12 Mai 2010


Mali gains 6 Place and is classified 156th in the 2010 doing business ranking of the World Bank.

These progresses are explained in particular by the improvement of the procedures of new business start-up due to the actions of the agency for the promotion of the investments (API – Mali) which allows now a new business start-up within week.

The full ranking for Mali:

  Classement 2010 Classement 2009 Variation
Doing Business 156 162 6
Starting a Business 139 157 18
Dealing with construction permits 95 112 17
Employing workers 100 98 -2
registering property 99 98 -1
getting credit 150 147 -3
protecting investors 147 151 4
paying taxes 158 157 -1
Trading across borders 156 166 10
Enforcing contracts 135 155 20
Closing a business 117 116 -1

Download the full report (Source World Bank)

Mali

The investors forum of the Malian Diaspora
How to capitalize the investment of the Malian Diaspora

Posted by Name of the person posting. December 13th, 2009


Malian public authorities, aware of the major role that the expatriate Malian play for the development of the Country, introduced the first forum of the investors of the Diaspora, whose purpose was among others:

  • to identify the problems linked to the investment of the Diaspora.
  • to make known the companies belong to Expatriate Malian.
  • to elaborate and adopt a strategy of the development of the entrepreneurship of expatriate Malian.

It was a question to set up a program of valuation of the investment of Expatriate Malian to be a vehicle of growth accelerator.

The forum was the opportunity to evoke the necessity of taking measures to secure the investments and drain towards the productive investments the financial mattering flows that expatriate Malian drain (300 billion FCFA a year that is 79 % of the public help to the development).

During the forum, Amadou Sangaré, Managing Partner of Sangaré Partners, made a presentation as guest speaker, on the subject: "how to make a success with its investment by starting a new business?"

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Mali
The investors forum of the Malian Diaspora - How to capitalize the investment of the Malian Diaspora -
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December 13th, 2009

Mali :
A structured answer to the problem of financing of SMEs/SMIs
Lire l'article »
May 12th, 2010

Doing Business 2010 :
Mali gains 6 Place and is classified 156th in the 2010 doing business ranking of the World Bank.
Lire l'article »
May 12th, 2010

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