Banque De L'Habitat Du Mali
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Banque De L'Habitat Du Mali
The Malian Solidarity Bank (french: La Banque malienne de solidarité or ) is a Malian company created in 2002 through an initiative of President Alpha Oumar Konaré. This socially activist bank, based on a Tunisian model, has the struggle against poverty and unemployment as its main objective. The housing bank, founded in 1996, has services which include financing, coordination, and support for small businesses or private individuals, particularly those from disadvantaged groups. The bank offers loans at favorable conditions, asking for less collateral and a lower interest rate than other banks. It also acts as a savings bank. In November 2021, Lanfia Coulibaly succeeded Alioune Coulibaly at the head of the Malian Solidarity Bank. In 2004, the bank had seven branches throughout Mali, as well as a capital of four billion Central African Francs. The bank has branch offices in Bamako, Segou, Kayes, Koulikoro, Kidal, Mopti Mopti ( Bambara: ߡߏߕߌ tr. Moti) is a town ...
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Mali
Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mali is the eighth-largest country in Africa, with an area of over . The population of Mali is  million. 67% of its population was estimated to be under the age of 25 in 2017. Its capital and largest city is Bamako. The sovereign state of Mali consists of eight regions and its borders on the north reach deep into the middle of the Sahara Desert. The country's southern part is in the Sudanian savanna, where the majority of inhabitants live, and both the Niger and Senegal rivers pass through. The country's economy centres on agriculture and mining. One of Mali's most prominent natural resources is gold, and the country is the third largest producer of gold on the African continent. It also exports salt. Present-day Mali was once part of t ...
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Banks Of Mali
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Sikasso
Sikasso ( Bambara: ߛߌߞߊߛߏ tr. Sikaso) is a city in the south of Mali and the capital of the Sikasso Cercle and the Sikasso Region. It is Mali's second largest city with 225,753 residents in the 2009 census. History Sikasso was founded at the beginning of the nineteenth century by Mansa Douala. The town was a small village until 1876 when Tieba Traoré, whose mother came from Sikasso, became King of the Kénédougou Empire and moved its capital there. He established his palace on the sacred Mamelon hill (now home to a water tower) and constructed a ''tata'' or fortifying wall to defend against the attacks of both the Malinke conqueror Samori Ture and the French colonial army. The city withstood a long siege from 1887 to 1888 but fell to the French in 1898. Rather than surrender to the colonial army, Tieba's brother Babemba Traoré, who had succeeded him as king, committed suicide, honoring the famous Bamanankan saying "Saya ka fisa ni maloya ye" (literally: death i ...
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Mopti
Mopti ( Bambara: ߡߏߕߌ tr. Moti) is a town and an urban commune in the Inner Niger Delta region of Mali. The town is the capital of the Mopti Cercle and the Mopti Region. Situated 630 km northeast of Bamako, the town lies at the confluence of the Niger and the Bani Rivers and is linked by an elevated causeway to the town of Sévaré. The urban commune, which includes both Mopti and Sévaré, had a population of 114,296 in the 2009 census. Geography Mopti lies on the right bank of the Bani River, a few hundred meters upstream of the confluence of the Bani with the Niger River. Between August and December when the rivers flood the Inner Niger Delta, the town becomes a series of islands connected by raised causeways. During this period the only road access to the town is along a 12 km causeway that links Mopti to Sévaré. Mopti lies to the west of the Dogon Plateau and is 66 km northwest of Bandiagara and 76 km north-northeast of Djenné. The town is the ca ...
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Kidal
Kidal ( Tuareg Berber: ⴾⴸⵍ, KDL, Kidal) is a town and commune in the desert region of northern Mali. The town lies northeast of Gao and is the capital of the Kidal Cercle and the Kidal Region. The commune has an area of about and includes the town of Kidal and 31 other settlements. History On 30 March 2012, Kidal and its military base were captured by the National Movement for the Liberation of Azawad as part of the Tuareg rebellion for the independence of Azawad. A spokesman for the Malian military junta said "To preserve the life of the people of Kidal, the military command decided not to prolong the battle". Gao and Timbuktu were captured within the next 48 hours, and on 6 April, the National Movement for the Liberation of Azawad declared the independence of Azawad from Mali. In the course of the conflict the MNLA lost their control to Islamist militias. On 30 January 2013 French and Malian forces moved into the town to bring it back under government control. On 14 ...
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Koulikoro
Koulikoro ( Bambara: ߞߎߟߌߞߏߙߏ tr. Kulikoro) is a town and urban commune in Mali. The capital of the Koulikoro Region, Koulikoro is located on banks of the Niger River, downstream from Mali's capital Bamako. Koulikoro is the terminus of the Dakar-Niger Railway which was completed in 1904. Between August and November, at the end of the rainy season, goods are transported down the Niger River to Ségou, Mopti, Tombouctou and Gao. Navigation is not possible upstream of Koulikoro because of the Sotuba Rapids near Bamako. Koulikoro is also the location of a prison. The Koulikoro prison is noteworthy for housing a number of former Rwandan officers found guilty of having taken part in the Rwandan genocide. Gallery Koulikoro-1898.jpg, Arrival of the Hourst mission, 1898. Hotel de ville de Koulikoro.png, Hotel Koulikoro-Le marché (AOF).jpg, The town's market. Sister cities * Bous, Germany * Quétigny, France France (), officially the French Republic ( ), ...
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Kayes
Kayes (Bambara language, Bambara: ߞߊߦߌ tr. ''Kayi'', Soninke language, Soninké: ''Xaayi'') is a city in western Mali on the Sénégal River with a population of 127,368 at the 2009 census. Kayes is the capital of the Kayes Region, administrative region of the same name. The name "Kayes" comes from the Soninké word "karré", which describes a low humid place that floods in rainy season. The city is located northwest of the capital Bamako. History Prior to French colonial expansion, Kayes was a small village. Its location on the path of the future Dakar-Niger Railway, and the French need for trade centers, led to the creation of the Kayes market town in 1881. It remains a transport hub, primarily for Senegalese trade, to this day. In 1892, Kayes became the capital of the French Sudan; Bamako replaced it as the capital, first of the state of Haut Sénégal-Niger on October 17, 1899, then as the capital of all of French Sudan in 1908. Economy and transport Kayes lies on ...
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Bamako
Bamako ( bm, ߓߡߊ߬ߞߐ߬ ''Bàmakɔ̌'', ff, 𞤄𞤢𞤥𞤢𞤳𞤮 ''Bamako'') is the Capital city, capital and largest city of Mali, with a 2009 population of 1,810,366 and an estimated 2022 population of 2.81 million. It is located on the Niger River, near the rapids that divide the upper and middle Niger valleys in the southwestern part of the country. Bamako is the nation's administrative centre. The city proper is a Cercles of Mali, cercle in its own right. Bamako's Inland port, river port is located in nearby Koulikoro, along with a major regional trade and conference center. Bamako is the seventh-largest West Africa, West African urban center after Lagos, Abidjan, Kano (city), Kano, Ibadan, Dakar, and Accra. Locally manufactured goods include textiles, processed meat, and metal goods as well as mining. Commercial fishing occurs on the Niger River. The name Bamako ( ''Bàmakɔ̌'' in Bambara language, Bambara) comes from the Bambara word meaning "crocodile river". ...
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Alpha Oumar Konaré
Alpha Oumar Konaré (born 2 February 1946) is a Malian politician, who served as President of Mali for two five-year terms from 1992 to 2002 and was Chairperson of the African Union Commission from 2003 to 2008. Scholarly career Alpha Oumar Konaré, fourth son of a Fula homemaker, was born in Kayes, Mali, where he went to primary school. He went on to attend Bamako's ''Lycée Terrasson des Fougères'', the ''Collège de Maristes'' of Dakar, Senegal, the ''Collège Moderne'' of Kayes and, between 1962 and 1964, the ''École Normale Secondaire'' of Katibougou. He completed his advanced studies in history at the ''École Normale Supérieure'' in Bamako (1965–1969) and at the University of Warsaw between 1971 and 1975. He began his professional career as a tutor in Kayes, then a lycée teacher at Markala and Bamako. In 1974, he did research at the ''Institut des Sciences Humaines du Mali,'' then, from 1975 to 1978, acted as head of historic patrimony and ethnography at the Mi ...
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Central African CFA Franc
The Central African CFA franc ( French: ''franc CFA'' or simply ''franc''; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries have a combined population of 55.2 million people (as of 2020), and a combined GDP of US$113.322 billion (as of 2020). CFA stands for ''Coopération financière en Afrique centrale'' ("Financial Cooperation in Central Africa"). It is issued by the Bank of Central African States (BEAC; ''Banque des États de l'Afrique Centrale''), located in Yaoundé, Cameroon, for the members of the Economic and Monetary Community of Central Africa (CEMAC; ''Communauté Économique et Monétaire de l'Afrique Centrale''). The franc is nominally subdivided into 100 ''centimes'' but no centime denominations have been issued. In several west African states, the West African CFA franc, which is of equal value ...
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Interest Rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest rate has been characterized as "an index of the preference . . . for a dollar of present ncomeover a dollar of future income." The borrower wants, or needs, to have money sooner rather than later, and is willing to pay a fee—the interest rate—for that privilege. Influencing factors Interest rates vary according to: * the government's directives to the central bank to accomplish the government's goals * the currency of the principal sum lent or borrowed * ...
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