Housing Finance in Mali


This profile is also available in French here.

To download a pdf full version of the 2019 Mali country profile, click here.

The World Bank reports that only 452 mortgage loans were granted in Mali in 2013. There is no readily available data to update this statistic but the AfDB shows that the percentage share of total loans which are medium- and long-term increased from 32 percent in 2013 to 38.7 percent in 2015. Mali had 14 banks and 3 financial institutions as of June 30 2019 with one of the 14 banks having been registered between June 2018 – 2019. Despite approximately 95 percent of the population in Mali being Muslim, sharia-compliant banking only accounts for a small share of the Malian financial sector.

Given the resource constraints of the country, the government places a great emphasis on providing affordable housing and has a sophisticated public housing programme. However, despite its relative advancement, the housing programme goal of providing 50 000 housing units between 2013 and 2018 were overly ambitious, with less than 13 000 units being delivered as of May 2018.

Therefore, self-construction remains the primary means of housing supply. A 2011 Shelter Afrique study on the real estate sector in Mali estimated that almost 75 percent of the housing supply in the country constituted self-constructed units.

Find out more information on the housing finance sector of Mali, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2019 edition, which has up-to-date profiles for 55 African countries.

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