PICK OF THE CROP: One in five workers in Burkina Faso is employed by the cotton industry. For years, high quality was the cotton's main selling point.

In recent years, Burkina Faso's mining industry has been expanding and is now the most important sector of the economy. Main exports are gold (70 percent of total exports), cotton (13 percent), zinc, phosphate rock and livestock. Burkina Faso main export partners are: Singapore, Ivory Coast, Switzerland, France, China and Turkey.

The mining industry in Burkina Faso may be considered as mature. Mining activities have been carried out in the country for years and many operators are active in the country. In addition, the Burkinabe authorities seem to have a good understanding of the mining industry.

From an economic perspective, Burkina Faso had a nominal gross domestic product (GDP) of $12.6 billion in 2017, which was a growth of about 5.9% from that of 2016. Despite the increase, a large section of the population (about 47%) still lives below the poverty line. The most important industry in Burkina Faso is agriculture.

In 2020, agriculture contributed around 20.43 percent to the GDP of Burkina Faso, 29.96 percent came from the industry and 41.22 percent from the services sector. Read more

On January 4, 2019, Chinese Foreign Minister Wang Yi visited Burkina Faso, one of Beijing's newest allies snatched from Taiwan, and pledged 300 million Chinese renminbi ($44 million) in …

Cotton production in Burkina Faso is continuing its downward slide three years after the nation phased out the use of pest-resistant genetically modified (GM) cotton. Last April, the Inter-professional Cotton Association of Burkina (AICB), an industry body comprising farmers and other sector players, set a production target of 800,000 tonnes for the 2018-19 cotton season.

The Mineral Industry of Burkina Faso, 2017-18 (PDF) Detailed Description. XLSX format - Burkina Faso 2017-18 Minerals Yearbook. Country chapters from the Minerals Yearbook (Volume III. -- Area Reports: International) are designed to provide an annual review of mineral production and trade and of mineral-related government and industry developments.

Burkina Faso is a poor, landlocked country that depends on adequate rainfall. Irregular patterns of rainfall, poor soil, and the lack of adequate communications and other infrastructure contribute to the economy's vulnerability to external shocks. About 80% of the population is engaged in subsistence farming and cotton is the main cash crop.

Burkina Faso land cover time series (1975, 2000, and 2013) Download land cover and graphs data. Agricultural expansion started along themain roadways. Similarly, agriculture was increasing along the Ouagadougou-Pama corridor in the southeast, and small isolated patches of cropland were appearing among extensive natural areas.

Most forms of land-based gambling are legal in Burkina Faso, under the current gambling legislation in the country. A former French colony situated in Western Africa with a population of over 19 million people the capital city Ouagadougou play host to 2.2 million residents. In contrast, the urban population stood at 73.50% of its citizens.

Burkina Faso After a year's growth at more than 5.0% in 2011, the economic outlook of the country is favourable despite a difficult national, regional and international context. After an estimated 5.1% growth rate in 2011, projections indicate a growth rate of 5.3% in 2012 and 5.5% in 2013. Burkina Faso's economy remains

This presentation gives a descriptive and detailed overview of the construction industry in Burkina Faso. It shows the importance and limitations of the systems. It also gives an idea on the situation of the construction industry. The study has been meticulously conducted supported by online references, library documents and interviews with ...

Burkina Faso encourages FDI and offers tax and legal incentives, such as the possibility for a foreign company to own of shares in a local company. However, investments in sectors such as mining, telecommunications, financial services and electricity are subject to restrictions.

Burkina Faso: Harouna Kaboré, the Minister of Commerce, Industry and Handicraft, has inaugurated a new mill at Cimburkina's cement grinding plant at Kossodo in Ouagadougou. By installing the new mill the unit has doubled it production capacity to 2Mt/yr, according to the Sidwaya newspaper. The upgrade cost US$25m.

Burkina Faso Trains and Buses. Using the train to get from Ouagadougou to Bobo-Dioulasso is recommended if you have plenty of time to spare and if you want to enjoy the view. If you are on a tight schedule, take the bus or a taxi, as the rail takes a longer route, running through the palm-fringed beaches of Côte d'Ivoire.

GlobalData's 'Burkina Faso Insurance Industry - Governance, Risk and Compliance' report is the result of extensive research into the insurance regulatory framework in Burkina Faso. It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit ...

Burkina Faso's economy makes use of various means of transport, including sea, river, road, air and rail transport but road transport predominates by a wide margin. On average, road transport accounts for an estimated 70 to 80 per cent of all transport-related transactions in …

For example, Burkina Faso's Exports rank is higher than 33.51% of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to ) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. Due to unavailable data the following indicators ...

Now the fourth largest gold producer in Africa, Burkina Faso is in the midst of a modern gold rush. With the precious metal present in every region of the country, the mining industry has steadily grown in Burkina Faso over the last decade, and the artisanal and …

Burkina Faso needs to create 300,000 jobs annually to match its demographic growth,1 while about 90 percent of its workers are in the informal sector. The Burkinabè population is growing at almost 3 percent per year but the country does not create enough jobs

The Chamber of Commerce and Industry of Burkina Faso was created on June 11, 1948. The Chamber of Agriculture and Industry with seat Bobo-Dioulasso, it became the Chamber of Commerce of Industry ...

Burkina Faso is a low-income Sahelian country with limited natural resources. Its economy is largely based on agriculture, which employs 80% of the workforce, although gold exports have increased. The country faces many development challenges, particularly in terms of health and education. It ranks 144th among 157 countries in the new human ...

industry. Privatization bids for both local and foreign investors: Bids are published in local papers, international magazines, mailed to ... Burkina Faso is a member of the West African Economic and Monetary Union (which ensures the stability of the CFA franc (freely exchangeable to EUR at a

Burkina Faso - Industry. Industry accounted for about 28% of Burkina's GDP in 2000, yet employed only 2% of the population. The principal centers for economic activity are Bobo-Dioulasso, Ouagadougou, Banfora, and Koudougou, cities on the rail line to Abidjan, Côte d'Ivoire. Burkinabe industry reflects an interesting diversity, but is ...

The Ministry of Industry, Trade and Handicrafts, also known as Ministere du Commerce de la Promotion de l'Entreprise et de L'Artisanat, is the government arm that promotes and regulates the development and growth of businesses in Burkina Faso. The site provides information on the policy and plans of the ministry, online documents, and a news section.

burkina faso economy news and analysis digest *Please note that Textile industry in Burkina Faso: Business Report 2021 is a half ready publication. It only requires updating with the help of new data that are constantly retrieved from Publisher's databases and other sources.

Burkina Faso GDP - composition by sector. Factbook > Countries > Burkina Faso > Economy. GDP - composition by sector: agriculture: 31% (2017 est.) industry: 23.9% (2017 est.) services: 44.9% (2017 est.) Definition: This entry shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture ...

Burkina Faso mango producers have regained significant control of the pesky little insect with a history of decimating mango orchards. With improved surveillance and control of the fruit flies, this West African country went from 90.000 tons of mangoes in 2017 to 200.000 tons in 2018, according to the Association of Mango Producers of Burkina Faso known in French as APROMAB.

The purpose of the report is to describe the state of the fiber crops industry in Burkina Faso, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the industry …

Cotton production in Burkina Faso is continuing its downward slide three years after the nation phased out the use of pest-resistant genetically modified (GM) cotton. Last April, the Inter-professional Cotton Association of Burkina (AICB), an industry body comprising farmers and other sector players, set a production target of 800,000 tonnes for the 2018-19 cotton season.

The impact of the shea nut industry on women's empowerment in Burkina Faso A multi-dimensional study focusing on the Central, Central-West and Hauts-Bassins regions Tammy Chen PhD candidate, Gonville and Caius College, Centre of Development Studies, University of Cambridge Bright Futures of Burkina Faso, a Canadian registered non-profit ...

Industry Interference Index. 202. 3. Benefits to the industry In general, the industry does not benefit from any policies of the government which is in accordance with Article 30 of Law 040-2010 AN of November 25, 2010, on tobacco control in Burkina Faso. However, as part of the implementation of Decree No. 2011-

Pharmaceutical Industry 2021 - Burkina Faso Market Research & Statistics. 17 reports. Download Unlimited Documents from Trusted Public Sources. View report >.

Population¶. Burkina Faso has about 17.9 million inhabitants. The population has increased 2.3 fold over the past 30 years. The economically active population is 8.4 million, 92% of which is employed in agriculture (the same as in 1985). The rural population was 88% in 1985 and now it is 70%.

Burkina Faso is a great country for cinema. Is the film industry positioned as a real player for development? I will not say that the film industry manages to position itself as a development player, it's in perpetual motion. But gradually the local film industry contributes to the development of the country and especially of its visibility.

The agro-industry accounts for 55 percent of value-added manufacturing in Burkina Faso. Sosuco (the former sugar parastatal), now owned by the Aga Khan, is the single biggest employer with 1,800 workers.

A delegation of officials from the Burkina Faso Chamber of Commerce and Industry(BFCCI) has paid a courtesy call on the Secretariat of the African Continental Free Trade Area (AfCFTA) AfCFTA ...

Visit Burkina Faso export.gov page to get an overview of economic conditions and opportunities. Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts.