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THE DYNAMICS OF THE MALIAN PRIVATE SECTOR: Challenges in Business Formation, Development, and Financing
[LES DYNAMIQUES DU SECTEUR PRIVÉ MALIEN : Les défis de la création, du développement et du financement des entreprises]

Author

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  • Etienne Fakaba Sissoko

    (Université des sciences sociales et de gestion de Bamako - USSGB - Université des sciences sociales et de gestion de Bamako, CRAPES MALI - Centre de Recherche et d'Analyses Politiques, Economiques et Sociales du Mali, Faculté des Sciences économiques et de Gestion - USSGB - Université des sciences sociales et de gestion de Bamako)

Abstract

This article examines the structural and conjunctural challenges of the Malian private sector, a key player in the country's economic and social development. The study analyzes the conditions for creating, developing, and financing businesses based on a sample of 30 Malian companies. It highlights issues such as complex business establishment procedures, difficulties in accessing essential resources like electricity, property registration, and financing barriers. These challenges are exacerbated by various crises, including insecurity, institutional instability, the COVID-19 pandemic, and ECOWAS economic sanctions. Mali's ranking of 148th out of 190 in the 2020 Doing Business report illustrates the challenges faced by Malian entrepreneurs. The article calls for multi-sectoral reforms to improve the entrepreneurial environment and support the Malian private sector in its role as a growth engine.

Suggested Citation

  • Etienne Fakaba Sissoko, 2023. "THE DYNAMICS OF THE MALIAN PRIVATE SECTOR: Challenges in Business Formation, Development, and Financing [LES DYNAMIQUES DU SECTEUR PRIVÉ MALIEN : Les défis de la création, du développement et du fi," Post-Print hal-05198803, HAL.
    • Handle: RePEc:hal:journl:hal-05198803
    DOI: 10.5281/zenodo.10114903
    as

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