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ML

Mali Frontier

Africa · Bamako · XOF (West African CFA Franc)

GDP
$26.59B
nominal, USD
GDP growth
5.0%
real, annual
Inflation
3.2%
annual
Market cap
total listed, USD

Economy & industry overview

Mali is a landlocked, low-income frontier economy in West Africa whose output is driven primarily by agriculture—especially cotton—and gold mining, making it one of Africa's top three gold producers. The country is a member of the West African Economic and Monetary Union (WAEMU) and shares the CFA franc with seven regional peers. Economic growth reached approximately 5.0% in 2024, supported by agricultural output, extractive industries, and the nascent start of lithium production. Mali is among the world's least developed countries, with widespread subsistence farming, high poverty, significant dependence on foreign aid, and persistent security challenges stemming from ongoing conflict in parts of the country. The country participates in the BRVM, the regional stock exchange serving all eight WAEMU member states, rather than maintaining its own national bourse.

Key sectors

Gold MiningCotton / AgricultureLivestockBanking & Financial ServicesTelecommunicationsRetail & TradeLithium Mining (nascent)Remittances & Services
📘 Learn everything about Mali →

Macro

GDP nominal, USD$26.59B
GDP growth real, annual5.0%
Inflation annual3.2%
Population people24.5M
GDP per capita USD$1,093
Market cap total listed, USD
Market cap / GDP
Unemployment3.1%
Listed companies1
ExchangeBourse Régionale des Valeurs Mobilières (Regional — WAEMU) (BRVM)

Data year: 2024. Sources: World Bank — GDP (current US$) Mali 2024, African Development Bank — Mali Economic Outlook 2025/2026, IMF World Economic Outlook Database, FocusEconomics — Mali Country Profile, Trading Economics — Mali Unemployment Rate (ILO), Macrotrends — Mali Unemployment Rate Historical Data, BRVM (Bourse Régionale des Valeurs Mobilières) — brvm.org, AFX Kwayisi — BRVM Market Capitalization Data (July 2026), Wikipedia — Economy of Mali, Wikipedia — List of Companies of Mali, African Markets — BRVM Listed Companies.

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation.

# Company Sector Market capUSD US listing

US-traded ETFs

Funds listed in the US that give exposure to this market — the simplest route for many US investors.

Ticker ETF Issuer Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeBourse Régionale des Valeurs Mobilières (Regional — WAEMU)
CodeBRVM
Websitewww.brvm.org
CurrencyXOF

Local broker access

Mali does not have a standalone national stock exchange. Malian-domiciled companies are listed on the BRVM (Bourse Régionale des Valeurs Mobilières), headquartered in Abidjan, Côte d'Ivoire, which serves all eight WAEMU member states. Foreign investors can access BRVM-listed securities through licensed BRVM dealing members (Sociétés de Gestion et d'Intermédiation, or SGIs) in any WAEMU country or via select international brokers and fintech platforms (e.g. Daba Finance, MyStocks.Africa) that provide BRVM access. Direct foreign ownership of BRVM equities is permitted; however, capital repatriation and currency conversion may be subject to BCEAO (Central Bank of West African States) regulations.

Global brokers with foreign-market access

Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants No formal investment-migration programme

Mali does not operate a formal residency-by-investment or citizenship-by-investment programme. There is no legislated pathway to residency or citizenship through capital investment.

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Foreign nationals wishing to reside in Mali must obtain a standard visa and residency permit through the Direction Générale de la Police Nationale. The country operates under a transitional government following the 2021 coup, and many Western governments maintain elevated travel advisories due to security conditions. Prospective residents should consult current official government travel guidance before any relocation plans.

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