Distribution and sales networks are largely informal and for most products these networks are not well developed outside the capital city of Bamako. Service and customer support should not be expected and are typically only possible if negotiated at the time of sale. Mali features many open-air marketplaces, numerous small shops, and a few medium-sized grocery stores. Most consumer sales are completed within the informal market.
Using an Agent or Distributor
U.S. exporters should identify a local agent or distributor to assist in bringing goods to market in Mali. Businesses should be aware, however, that setting up a successful partnership or representational relationship can be difficult in Mali, as the Malian judicial system is widely reported to be under-resourced, corrupt, and lacking in transparency. U.S. businesses should therefore exercise extreme caution when entering contract arrangements. The U.S. Embassy in Bamako encourages American businesses to meet with the Embassy’s Commercial Office when traveling to Mali. The U.S. Embassy can provide information on local business practices and regulatory requirements, give market suggestions, and provide information about fee-based commercial services. Fee-based services available for U.S. exporters include an International Company Profile (ICP) to provide due diligence research on a prospective partner, a Gold Key Service to design a tailored schedule of meetings with potential partners and/or distributors, a Single Company Promotion to reach a target audience of clients and key decision-makers, and other U.S. Department of Commerce-branded services. More information is available at https://www.trade.gov/export-solutions.
Establishing an Office
The process for establishing a business in Mali has been centralized at the Investment Promotion Agency (API-Mali). API-Mali has English-speaking staff who can respond to queries from interested businesses, as well as an active website with information on forms and applications for business registration.
For business creation, API-Mali requests documents including (but not limited to) ID card, birth certificate, residence certificate, wedding certificate, letter to the court clerk, criminal record, and letter to the Minister of Investment. Different fees are applied according to the sector and the type of company the investor aims to create. The incorporated company, as well as branch, subsidiary, and affiliate thereof, must pay CFA 500,000 (approximately $775) to a notary and CFA 8,500 (approximately $13) to API-Mali. The limited liability company (LLC), general partnership, joint-stock company, economic interest group, and branch, subsidiary, and affiliate thereof must pay CFA 250,000 (approximately $385) to the notary and CFA 6,000 (approximately $9) to API-Mali.
For the latest Investment Climate Statement (ICS) which includes information on investment and business environments in foreign economies pertinent to establishing and operating an office and to hiring employees, visit the U.S. Department of State’s Investment Climate Statements website.
Franchising
Limited franchising opportunities exist in Mali, including in soft-drink bottling, hotels, courier services, restaurant and food services, and gasoline service stations.
Direct Marketing
Opportunities for direct marketing in Mali are limited. U.S. firms should seek a local agent or distributor who speaks French and is familiar with local business practices and regulatory requirements.
Joint Ventures/Licensing
There are opportunities for joint ventures and licensing in some manufacturing and import sectors. In the mining sector, Malian law has local content requirements. The 2023 mining code and the law related to local contents require subcontractors and “punctual frequent suppliers” of mining companies to give opportunities to Malian nationals to hold at least 35 percent of their shares. Additionally, there are some specific limits on ownership in the mining and media sectors. Foreign investors in the mining sector can own up to 65 percent of a mining company, the state of Mali and Malian nationals having the option to own respectively 30 and 5 percent of the shares. Foreign investors in media companies must have a 50 percent or lower ownership stake.
Express Delivery
Mali’s publicly owned post office, Office National des Postes du Mali, is the main express delivery service company in Mali, alongside private international companies like DHL and TNT. Some other private firms also exist. Delivery from New York or Washington to Bamako can take 24 to 72 hours.
Due Diligence
The U.S. Embassy highly recommends conducting due diligence before establishing a business or when choosing a Malian distributor or partner company. The Embassy’s Commercial Office can perform International Company Profiles (ICP) and Gold Key Services (GKS) for a fee, through U.S. Department of Commerce Export Assistance Centers. The dispute resolution process can take multiple years and is reportedly fraught with corruption, political influence, and demands for payments to facilitate the legal process. The use of a local attorney as a source for consultation and guidance, especially in the case of business disputes, is therefore recommended. The U.S. Embassy’s Consular Section maintains a list of local attorneys, though the list should not be interpreted as an endorsement of any of the attorneys listed.
The U.S. Embassy cautions U.S. investors that importing gold from Mali is a high-risk activity. The Embassy has received reports of cases where gold was “switched out” just prior to being loaded onto an airplane, or where Malian transporters absconded with advance fees paid by the U.S. client. There is essentially no recourse for recovering money lost to a gold scam. Artisanal gold is a known vehicle for tax evasion and money laundering, and the artisanal and small-scale gold sector has been associated with corruption, child labor, trafficking, and in some cases, financing terrorist and/or armed groups.