Mali offers good opportunities and prospects for Indian entrepreneurs and investors in the gold mining and food processing space, among others, the Indian Embassy in capital Bamako has said. "Mali is Africa's third-leading gold producer (after South Africa and Ghana) and has an estimated reserve of 600-800 tonnes. There is considerable scope for joint ventures between the two countries for the production of gold and fabrication and marketing of jewellery in Mali," the embassy said in an email interaction with IANS. The West African country currently produces 60 tonnes of gold per year.

For Indian businessmen, Mali has great scope of investment especially in the field of agriculture (cotton, food processing, abattoirs and tanneries); mining (gold, iron ore, phosphates, uranium, bauxite, zinc, manganese, tin and copper); automobile (two-wheeler segment), and pharmaceuticals (generic drugs), the embassy said. With a population of around 15 million exposed to tropical diseases, Mali is also a good market for Indian generic medicines and pharmaceutical products.

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