Welcome Kanaga Consulting SARL in Becoming a 3E Accounting Pte Ltd Global Accounting Alliance Member in Mali
Kanaga Consulting provides its services in research and consulting to government, private companies, multilateral organizations, development partners, and stakeholders. Those who join in West Africa’s socio-economic development can easily avail of what this company has to offer.
Mali is a landlocked country in Africa and one of the largest in their continent. The country’s main geography which is the Niger River runs from Guinea and crosses the entire country towards east. Even if it is a large country in Africa, Mali has a small population. The northern city of Timbuktu was an important regional training centre.
Mali is also part of the ECOWAS and West African Economic and Monetary Union (WAEMU) that aims to lessen trade barriers, create a common market, and harmonize monetary policies. Even if Mali is one of the 25 poorest countries, its economy remains to have a positive outlook. This nation mainly depends on agricultural exports and gold mining for revenue wherein gold exports and cotton contributes almost 80% of their country’s earnings from export. Also, the agricultural and gold commodity prices are affecting the fiscal status of the country. Besides, trade is crucial to Mali’s economy where export and import values contribute to about 51% of the GDP.
Mali is Consistent in Welcoming Foreign Investors
According to the World Bank’s 2017 Doing Business report, Mali was ranked 141 out of 190 countries. Mali also has been consistently been doing better and they welcome foreign investments, which receives an equal amount of treatment as the domestic ones. Throughout the years, Mali has also gone through a significant reform to have a better economy and decrease poverty. Their government has made an effort to implement strong policies and improve tax administration to make their FDI more publicized. Government spending is well restraint to promote their improving entrepreneurial sector.
As an alliance member, businesses that open in Mali can receive assistance to start and run successfully. Then, we offer business set-up, tax advice, accounting, auditing, payroll, and everything that businesses require when it comes to accounting.
About The Company
3E Accounting Pte Ltd is a leading company headquartered in Singapore. The company is focused to creating a strong network of independent accounting and consulting firms across the globe, facilitating clients who wish to venture into new markets and territories smoothly.