Hollande vows France will 'stand by' Mali, hails vote

President Francois Hollande on Tuesday hailed Mali's presidential election as a victory for democracy and vowed France would "stand by" the west African country.

Hollande, who sent French troops to Mali this year to oust Islamist rebels in the north, will also travel to the country to attend the inauguration of president-elect Ibrahim Boubacar Keita, a source in Hollande's office said.