After economic sanctions crippled Mali, the AU and EU are trying a new tack ...Middle East

Quartz - Economy

Long before last week’s suspension of Mali by the African Union (AU) and other partners over its second coup in nine months, the west African country was already struggling with a failing economy, rampant corruption, and a brutal jihadist conflict. Now the eighth-largest country in Africa risks being shut out from some of the continent’s most promising growth opportunities.The land-locked country of 20 million is one of the poorest in the world, and largely dependent on imports. For now, the country’s military regime has escaped the type of economic sanctions imposed after last year’s August military takeover. But they could be reimposed, unless its military regime heeds to pressure from its

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Last updated : 09 June 2021 clock 11:15 AM

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After economic sanctions crippled Mali, the AU and EU are trying a new tack ...Middle East

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