Being the biggest country in West Africa, Mali is rich in agriculture (cotton), gold and mineral resources. With international assistance and recovery in certain sectors such as cotton production and the mining sector, Mali is expected to return to positive growth momentum soon.
Africa HR Solutions can assist your expansion in Mali by providing end-to-end employment outsourcing solutions. Our Mali HR outsourcing services include Professional Employer Organisation (PEO), Employer of Record, payroll, and other ancillary support services to help you with your expansion strategy, whether or not you have a registered entity in Mali yet.
Population: 19.1 mn
Gross Domestic Product (GDP): $11.96 bn
GDP Growth: 4.9%
Inflation: 0.3%
Foreign Direct Investment (% of GDP): 2.1%
Unemployment Rate: 9.6 %
Capital: Bamako
Currency: West African CFA franc
Languages: French
Being a Sahelian economy, Mali is known for being a low-income country, faced with a lack of diversification and fragile to fluctuations in commodity prices. The Covid-19 pandemic and socio-political challenges have led the country into a recession, whereby GDP has contracted by 2% last year. With a decline in global demand and supply challenges, some key sectors also suffered, including the cotton production and agricultural industries. Being an oil-importing economy, Mali enjoyed lower crude prices while higher gold prices last year contributed to an increase in export revenue. The World Bank has invested in diverse projects related to food security, livestock farming, water supply and climate change.
The outstanding Grand Mosque of Djenne is the biggest man-made clay structure in the world
Gold is mined in the country’s southern area and contributes to the 3rd top total gold production in all of Africa, after South Africa and Ghana
The country exports phosphates, salt, limestone, uranium, and granite
Agriculture is known to be the second-highest source of revenue after mining
The national dish of Mali is ‘Tiguadege Na’, meaning ‘meat in peanut butter sauce’. This dish is usually prepared with lamb or chicken.
New Year’s Day
Martyrs’ Day
Easter Monday
Whit Monday
Africa Day
Eid al-Fitr
Eid al-Adha
Independence Day
The Prophet’s Birthday
Christmas Day
It is recommended to have a strong employment agreement in Mali. Agreements can be in both verbal or written formats in Mali. Most employees prefer a written agreement that describes all related information about their job, that is their monthly wage, compensation, leaves, bonus if applicable as well as termination details. Being the HR outsourcing expert across Africa, Africa HR Solutions craft a comprehensive offering to ensure your move to Mali is smooth and complies with all local laws and policies. Our dedicated team also assists you in devising a competitive benefits scheme to attract the right talent to your company while you focus on running your business with peace of mind.
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Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.