Mali is a vast, land-locked country in West Africa with a population of approximately 14.9 million, and a GDP per capita of USD480. The economy is largely rural, with over two-thirds of the population living off agriculture, notably cotton. Gold is the country’s largest export, though production has been declining and the industry faces an uncertain future as proven reserves are limited. The service sector, which represents 40 percent of GDP, is dominated by trade and commerce. Mali’s dependence on crops and gold makes it vulnerable to terms of trade shocks. Industry, which employs just 3 percent of the active population, consists largely of small-scale food processing and textile plants. The overwhelming majority of the population (over 90 percent) works in the informal sector. The FSAP Development Module focused on: i) the banking sector and legal framework (credit to the economy); ii) microfinance; iii) agricultural finance; iv) insurance; and v) housing finance2. The mission carried out in-depth assessments on each topic and provided recommendations aiming at mitigating financial vulnerabilities and supporting the development of the financial sector (i.e. development the credit to the economy while insuring financial stability).
A World Bank team visited Mali from March 2-13, 2015, to complete the Financial Sector Assessment Program (FSAP) Development module. This report summarizes the main findings of the mission, identifies key financial sector vulnerabilities, and provides policy recommendations.
Market access has been identified as one of the foremost factors influencing the performance of small-scale producers in developing countries, and in particular least-developed countries. Smallholder access to markets for higher-value or differentiated agricultural and food products (hereafter HVAF) is...
The report analyses the contribution to date of agricultural water management to poverty reduction and growth in the in sub-Saharan Africa region, the reasons for its slow expansion and apparently poor track record, as well as the ways in which...
The overall objective of the Comprehensive Assessment of the Agricultural Sector (CAAS) is to provide an evidence base to enable appropriate strategic policy responses by the Government of Liberia (GoL) and its development partners in order to maximize the contribution...
Land and property rights, migration, and citizenship are complex issues that cut across all social, economic, and political spheres of West Africa. This paper provides an overarching scoping of the most pressing contemporary issues related to land, migration, and citizenship,...
This report seeks to understand the successes, challenges and opportunities of Cambodia’s agricultural transformation over the past decade to derive lessons and insights on how to maintain future agricultural growth, and particularly on the government’s role in facilitating it. It...