The currency in Mali is the Australian dollar (XOF). The currency symbol is F.CFA.
Population
As of April 2023, the estimated population of Mali is approximately 23.2 million people.
Capital City
Bamako
Overview
Mali, officially known as the Republic of Mali, is a landlocked country located in West Africa. It is bordered by seven countries, including Senegal and Mauritania to the west, Algeria to the northeast, Niger to the east, Burkina Faso and Ivory Coast to the south, and Guinea to the southwest. Mali is strategically positioned at the crossroads of the Sahara Desert and the fertile lands along the Niger and Senegal rivers. With a diverse landscape consisting of savannahs, deserts, and river valleys, Mali showcases the natural beauty and geographical diversity of the region. The country is home to a rich cultural heritage, with its vibrant music, art, and traditional practices reflecting the diversity of its ethnic groups, including the Bambara, Fula, Soninke, and Tuareg people. While agriculture, specifically cotton and livestock, plays a significant role in Mali’s economy, the country faces multiple challenges, including poverty, political instability, and security concerns. Despite these obstacles, Mali continues to strive for progress and development as it embraces its motto of “One people, one goal, one faith,” working towards a brighter and prosperous future.