Gold exports in Malawi
One of the important factors of Mali’s economy is its reliance on its gold exports. In Africa, Mali is the third largest exporter of gold which amounts to 45,000 tons every year. Meanwhile, Mali’s financial sector continues to be lagging in progress as mostly of its banks fail to give assistance to the country’s entrepreneurial activity. Financial freedom, corruption, and property rights are considered to be the reason why Mali’s global ranking last year was 121st.
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