Mali: Towards the creation of an investment bank for the diaspora?
Under the leadership of the Transitional President, General Assimi Goïta, the Malian government is planning to create an investment bank specifically dedicated to the diaspora. The announcement was made a few days ago in Bamako during the very first International Diaspora Forum.
This initiative reflects the government’s strong desire to recognize and harness the significant economic potential of Malians living abroad. In 2023 alone, they sent nearly 700 billion CFA francs—about 1.24 billion US dollars—back home, accounting for around 5% of the country’s GDP. These figures highlight the strategic role of the diaspora in Mali’s economy.
The goal of this new bank is not only to channel these funds into key development projects, but also to strengthen the bond between the diaspora and their homeland. It would provide tailored financial tools to support investments, fund local projects, and encourage active participation in Mali’s development.
This project is part of the broader reform movement launched by the Malian authorities since 2021. The aim is to build economic sovereignty by relying on the country’s own strengths—and the diaspora, with its expertise and financial power, is a key part of that vision.
