Hides and skins make contribution to growth for Mali

24/05/2011
The West African state of Mali has reported economic growth of just over 5% for 2010, the highest of any of the eight states in the  West African Economic and Monetary Union (UEMOA). The government has said it hopes to achieve growth of 6% in 2011.

Mali’s situation has benefited from the country’s status as an exporter of gold, the price of which continues to increase. The agriculture sector is also performing well, the government has said. However, the positive situation in the country has also brought developments in the livestock sector, with meat production and increased value of hides and skins as important spin-offs. Mali has said it will invest in new technology to continue to achieve growth from these sectors.