Burkina-Mali: Economic Day, a step towards Sahelian economic integration
The International Conference Center of Bamako (CICB) hosted the first Economic Days of Burkina Faso in Mali, under the banner of the Sahel States Confederation (AES). This event, chaired by the Malian Prime Minister, General Abdoulaye Maïga, marks a significant step towards stronger economic integration between the two nations and, more broadly, the members of the AES.
The official opening, attended by high-ranking officials including Mrs. Julienne Dembélé/Sanon, the Ambassador of Burkina Faso to Mali, and several ministers from both countries, highlighted the strategic importance of this initiative. The event, focused on economic integration and wealth creation, aims to transform current political and economic challenges into development opportunities.
Mrs. Dembélé/Sanon stated that these Economic Days go beyond trade exchanges, serving as a showcase for the expertise of both Burkina Faso and Mali. The Malian Prime Minister, on the other hand, emphasized that this initiative aligns with the vision of AES leaders, centered on collective economic defense and strategic partnerships.
The trade relations between Burkina Faso and Mali are marked by strong interdependence. In 2022, bilateral trade reached significant volumes: Burkina Faso exported goods worth 4.55 billion USD, mainly gold and cotton, while Mali exported goods worth 3.91 billion USD, primarily in the mining and agricultural sectors.
However, the joint withdrawal of both countries from ECOWAS, effective January 2025, could pose challenges, particularly regarding restrictions on the free movement of goods and people. Despite these challenges, the economic outlook remains positive, with projections for 2025 placing Burkina Faso’s GDP at 21.9 billion USD, slightly above Mali’s GDP, estimated at 21.6 billion USD.
The Economic Days, which continue until December 4, feature a varied program, including trade exhibitions, B2B meetings, and cultural activities. These initiatives aim to promote agriculture, industry, new technologies, and intercultural dialogue, strengthening the shared regional identity.
Prime Minister Maïga urged participants to seize this historic opportunity to lay the foundations for a common and sustainable economic space, where the wealth generated by trade exchanges and investments will improve the living conditions of the populations.
Sadia Nyoré
