Form of government: Republic of semi-presidential
Currency: CFA franc (XOF)
Area: 1.24 million km ²
Population: 12 million
Languages: French (official), Bambara 80%, Arabic
Religions: Muslim 90%, indigenous beliefs 9%, Christian 1%
Power system: 220V/50Hz (European plug)
Telephone code: +223
Internet TLD. ML
Time zone: CET-1h (GMT)
The resolution of the short-lived federation with Senegal in September 1960 through the state’s founder Modibo Keita was primarily a rejection of the existence there then propagated close and extensive ties to the former colonial power France.
She headed ‘ shoulder to shoulder with ‘ revolutionary ‘ phase of a militant , anti- imperialism neighboring countries such as Algeria and Guinea and rapid expansion of cooperation with the former Eastern bloc . Under the second president , General Moussa Traoré ( 1968-91 ) , gradual normalization of relations with France and return to the CFA franc currency zone, but still emphasizes panafrikanistisch anti – imperialist profile on the international stage . The election of former Malian President AO Konaré (1992-2002) for the first President of the Commission of the African Union reflected the recognition of both this tradition as well as the regional role model in Mali’s democracy and human rights since the turn of 1991 / 92nd
The Malian economy is heavily dependent on world market prices of the two main exports , cotton and gold . The government declared poverty reduction through diversification and restructuring of the economy, especially in the commodities sector as a top priority in order to reduce vulnerability to external factors. Mali attends the ” Extractive Industries Transparency Initiative ” (EITI ) .
The impact of the financial crisis on the Malian economy had been low since the banking system is poorly integrated with global financial markets. The sharp rise in gold prices , the recovery price of cotton on the one hand , the fall in prices on the oil market on the other hand have significantly improved the terms of trade for Mali.
Other natural resources in the country – especially lime, phosphate , diamonds and marble – are currently hardly exploited . In the north of the country to search for oil and gas.
China is an increasingly important trading partner as a supplier of cheap consumer goods.
In Mali, wood is scarce. Therefore it very important for the country to switch to renewable energy.
Its market potential is enormous, the demand is huge, the market is growing rapidly and the state of Mali has launched several programs. Opportunities exist equally for small decentralized plants in the hinterland as well as for large-scale systems in the centers.
The resolution of the short-lived federation with Senegal in September 1960 through the state’s founder, Modibo Keita, was primarily a rejection of the, then propagated, close and extensive ties to the former colonial power France.
This ushered in a period of militant, anti-imperialism, ‘in collaboration with’ revolutionary ‘neighboring countries such as Algeria and Guinea and a rapid development of cooperation with the former Eastern bloc. Under the second president, General Moussa Traoré ( 1968-91 ), the relations with France gradually normalised and the country returned to the CFA franc currency zone. But still, it emphases it’s Pan African and anti-imperialist profile on the international stage. The election of former Malian President AO Konaré (1992-2002) as the first President of the Commission of the African Union reflected the recognition of both: this tradition as well as Mali being a regional role model in terms of democracy and human rights since the turn of 1991/92.