The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Mali  
Rank: 115 · Score: 20.5  

Basic facts        
Population (millions) 22.6   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 18.8   M&A volume (quartile) Bottom
GDP per capita (US$) 831.8   Venture capital investments (quartile) 2nd
GDP growth (per cent) 5.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 115 12, 14, 13, 13, 10 20.5
1 Economic Activity 90 43, 44, 28, 32, 35 63.9
2 Depth of Capital Market 107 9, 14, 18, 19, 18 7.6
3 Taxation 98 31, 27, 27, 26, 27 72.3
4 Investor Protection and Corporate Governance 115 20, 19, 19, 10, 10 35.5
5 Human and Social Environment 98 34, 34, 31, 29, 27 24.7
6 Entrepreneurial Opportunities 120 10, 7, 6, 6, 5 17.2


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Mali  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Ethiopia 78.7 5.4 64.5 25.5 25.3 35.7
Madagascar 62.7 6.7 97.1 36.8 22.5 23.7
Cameroon 71.0 6.8 40.9 35.4 23.7 21.3
Mali 63.9 7.6 72.3 35.5 24.7 17.2
Mozambique 63.5 7.1 54.5 28.5 16.7 26.8
Benin 65.5 4.7 56.3 42.4 32.6 19.6
Lesotho 17.0 4.1 72.4 54.6 26.3 18.4
Last updated: 4 Nov 2023