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Glossary

Foreign direct investment (FDI)

(10:34 or p.3 in the transcript)

Foreign direct investment (FDI) is a category of cross-border investment in which an investor resident in one economy establishes a lasting interest in and a significant degree of influence over an enterprise resident in another economy. Ownership of 10 percent or more of the voting power in an enterprise in one economy by an investor in another economy is evidence of such a relationship. FDI is a key element in international economic integration because it creates stable and long-lasting links between economies. FDI is an important channel for the transfer of technology between countries, promotes international trade through access to foreign markets, and can be an important vehicle for economic development. source

Mali Civil War

(17:15 or p.5 in the transcript)

Mali has been in crisis since 2012, when a northern separatist rebellion led by members of the minority ethnic Tuareg community paved the way for a military coup and an Islamist insurgent advance. Rebels—bolstered by arms from Libya and fighters with ties to Al Qaeda in the Islamic Maghreb (AQIM)—declared an independent state of “Azawad” in the north. By mid-2012, AQIM and two allied groups had outmaneuvered the separatists to assert control over much of the north. At the transitional government’s request, France deployed its military in early 2013 to counter an Islamist insurgent advance and ousted insurgent leaders from major towns in the north. A U.N. peacekeeping operation, MINUSMA, was established in mid-2013 to help stabilize the country, absorbing a nascent African-led intervention force. Veteran politician Ibrahim Boubacar Kéïta was elected president, at which point donors, including the United States, normalized relations with Bamako. French forces transitioned into Operation Barkhane, a regional counterterrorism mission that received U.S. military logistical support, in 2014. Under international pressure to reach a peace deal in the north, the government signed an accord in 2015 with two armed coalitions: one led by ex-separatists, and the other by pro-unity groups with ties to Bamako. President Kéïta was reelected in 2018, but opposition mounted over corruption, allegedly fraudulent legislative elections, insecurity, and economic hardships. Large street protests erupted against Kéïta’s administration in mid-2020. State security forces cracked down on protesters, and Economic Community of West African States (ECOWAS) mediators failed to achieve a roadmap out of the impasse. The 2020 coup d’état followed. source