EU MALI

EU MALI

Mobilize Malian migrant investment to encourage economic development entrepreneurism and employment in Mali, to encourage the economic inclusion of young Malians and offer them an alternative to migration, particularly in rural areas.

The Malian diaspora is recognized as one of the pillars of Mali’s development. In 2021, it transferred the equivalent of 5% of GDP to the country. The program studies the investment practices of the diaspora in Europe, which numbers 250,000 people, who are moving from collective and social approaches to more investment in companies looking for a sustainable societal impact and a financial return.

Diaspora needs

The Malian diaspora’s desire to invest is currently limited by a lack of reliable solutions for channeling investment into businesses.
The programme aims to support such developments by offering professional investment solutions adapted to their needs.

Adapted investment models

IFAD and its partners are working to raise awareness among institutional players (donors, decision-makers) of the characteristics and potential of these investments for Mali’s development. They aim to convince them to take concerted action to support these investments.

Advocacy for an environment favourable to investment.

Programme Activities

STUDY THE NEEDS OF THE DIASPORA

The study of the practices and needs of the Malian diaspora in Europe reveals an investment potential of almost 15 million euros and a strong interest in entrepreneurship and the agricultural sector. The study makes recommendations on how to mobilize this potential.

PROPOSE ADAPTED INVESTMENT MODELS

The program enabled IFAD to join with 2 French companies specialized in impact investment and long-established in Mali to launch pilot solutions for mobilizing diaspora savings to finance Mali-based businesses.

ADVOCATE FOR AN ENVIRONMENT FAVORABLE TO INVESTMENT

The results of the study on the investment practices and needs of the diaspora, as well as projects carried out with its partners, enable IFAD to enhance understanding among the diaspora, the private sector and institutional players in Europe, Africa and Mali of the economic and social potential impact of investment practices.