Burkina Faso

GDP (US$) $10.68 billion, 2015
Population 18.11 million, 2015
Source: World Bank data

Burkina Faso flag

Burkina Faso is a landlocked country, its economic growth largely tied to global prices for its cotton and gold. It is also a regional trade center for many Trade Hub-supported products, including livestock and cereals, cashew, shea, mango and apparel. Through development of these regional commodities and global export products, the West Africa Trade Hub improves private sector capacity, with support from the AGOA Trade Resource Center in Ouagadougou, which educates exporters on trading throughout the regional as well as to the U.S. and globally.

In Burkina Faso, home base of the regional government Union économique et monétaire ouest-africaine (UEMOA), the Trade Hub partners with the national government and private sector organizations like the Chambre de Commerce d’Industrie et d’Artisanat du Burkina Faso, and COFENABVI, West Africa’s regional livestock organization. Through agreements with financial institutions, the Trade Hub is laying the foundation for its network of financial advisors to support firms within its targeted value chains. The Trade Hub also works extensively in Burkina Faso with the Borderless Alliance and others to streamline cargo transport, specifically along the Tema-Ouagadougou and Paga-Dakola trade corridors.

Download the country profile for Burkina Faso.

Burkina Faso News

  • Regional organization solidifies partnerships to grow the West African livestock sector

    October 16, 2017
    With more than 90,000 members, the Confédération des Fédérations Nationales de la chaine de valeurs Bétail/Viande de l’Afrique de l’Ouest (COFENABVI-AO) asserted its leading position within the professional organizations that comprise the West African livestock sector. The regional bureau, based in Côte d’Ivoire, coordinated efforts with the national federations of its eight member countries to ...
    Read more
  • Burkinabé cereal traders benefit from contracting trainings

    October 9, 2017
    The Trade Hub and a Burkinabé farmer-based organization for agro-commodity aggregation and trade organized a two-day training session on contracting best practices for cereals traders in Dédougou, western Burkina Faso. The September 28-29 training also equipped 30 participants, including nine women, with skills and knowledge to prevent aflatoxin contamination. In French and the local language Djoula, experienced ...
    Read more
  • Creating new mango partnerships between Burkina Faso, Côte d’Ivoire, Ghana and Nigeria

    October 2, 2017
    The April 2017 Ivorian Mango Symposium created a business platform for mango stakeholders to develop new market opportunities. Following-up on discussions held during the symposium, the Trade Hub has been focusing on increasing regional and global exports in the mango sector by linking West African producers with international buyers and sellers of fresh and processed ...
    Read more
  • Burkinabé officials agree on steps to make AGOA textile visa operational

    October 2, 2017
    Burkina Faso became eligible to export under the African Growth and Opportunity Act (AGOA) in December 2004, and eligible to export textiles under AGOA in August 2006. One of the AGOA requirements for textiles benefits concerns the establishment of an AGOA visa system for the export of apparel and textile products to the United States. ...
    Read more
  • AWEP members learn niche market opportunities, packaging tips at AGOA Forum

    September 11, 2017
    Members of the African Women Entrepreneurs Program (AWEP) and other businesswomen learned about opportunities in fair trade and organic markets and best practices in package design during an annual conference to boost exports under the African Growth and Opportunity Act (AGOA). The Trade Hub’s gender specialist, Jean-Didier Nacoulma, hosted a seminar and plenary practical skills training ...
    Read more
  • Third “Operation Tabaski” generates $5.8 million of sheep sales in Benin

    September 11, 2017
    In Benin, four new livestock markets in smaller towns generated $5.8 million in sales for regional livestock farmers and traders during a 10-day Muslim holiday period. The Trade Hub’s third annual “Operation Tabaski” opened markets in Djougou, Bohicon, Abomey, Parakou—inland cities with better security and shorter travel times for rural customers than traditional sales sites in ...
    Read more
  • Hub survey quantifies time and cost spent on West African trade barriers

    August 28, 2017
    Certain administrative barriers to trade in the Economic Community of West African States (ECOWAS) have been eliminated on paper for decades. But the gap between policy and reality has meant that those trading agricultural staples across West African borders are still asked for certificates of origin (COO) despite these being rendered moot under the ECOWAS ...
    Read more
  • At AGOA Forum, spotlighting Hub’s work to expand AGOA in West Africa

    August 21, 2017
    Speaking to 100 people about duty-free exports to the U.S. on August 9, a Trade Hub AGOA Specialist Mr. Kara Diallo presented barriers, and achievements to expand West African business under the African Growth and Opportunity Act. During a panel discussion on “AGOA, Challenges and Opportunities” at the recent AGOA Forum in Lomé, Togo, Mr. Diallo ...
    Read more
  • Guinea and Mali become latest West African countries to drop costly trade barrier

    August 14, 2017
    At the Hub’s urging, the governments of Guinea and Mali have agreed to formally drop a moot requirement that traders of staple crops and livestock produce Certificates of Origin (COO), which adds time and costs to trade throughout the Economic Community of West African States (ECOWAS). In direct violation of the three decades-old ECOWAS Trade Liberalization ...
    Read more
  • Cashew data collectors recommend improvements to ACA’s market information service

    August 14, 2017
    An African Cashew Alliance (ACA) workshop in early August gathered information from market analysts and data collectors from nine ACA member countries to guide improvements and boost use of its Market Information System (MIS). The August 1-3 workshop in Ouagadougou, Burkina Faso—organized by the African Cashew Alliance with Trade Hub support — will inform a ...
    Read more
  • Restoring cereals supply chains tops agenda at agro-industries forum in Abidjan

    July 18, 2017
    During a July forum in Côte d’Ivoire’s commercial capital, West Africa cereals stakeholders discussed business opportunities and supply solutions to the thorny problem of local agro-industries sourcing grains from abroad. As uncovered in an earlier Trade Hub report, agro-industries like breweries and animal feed processors in Benin, Burkina Faso, Côte d’Ivoire, Senegal, and Togo buy ...
    Read more
  • Cereals associations take Trade Hub lessons in contracting to local workshops in Ghana

    July 12, 2017
    Cascade trainings to promote written contracts for cereals traders continued in central Ghana with a July 3-4 workshop for 47 participants, including 14 women from the Techiman Maize Buyers and Sellers Association. Co-hosted by the country’s Cereal Inter-professional Committee, this second in a series of workshops used lectures in the local language Twi and role playing ...
    Read more
  • Shea butter quality trainings for AWEP in Burkina Faso

    July 12, 2017
    Thirty members of the Burkina Faso chapter of the African Women’s Entrepreneurship Program (AWEP) attended a three-day training-of-trainers workshop in the capital Ouagadougou on how best to process and sell high-quality shea butter in local, national and international markets. These thirty participants are AWEP’s focal points in Burkina Faso’s 13 regions and are expected to cascade ...
    Read more
  • Stopping aflatoxin contamination high on agenda of regional cereals training-of-trainers

    June 19, 2017
    Representatives of Cereals Inter-professional Committees (CIC) from seven countries acquired tools for policy advocacy to improve grain trade and quality—particularly to prevent aflatoxin contamination—at a Trade Hub training in Togo, May 22-24. The three-day training-of -trainers workshop in the Togolese capital, Lomé assisted 15 members of the CIC with skills to push governments and donor agencies ...
    Read more
  • Regional livestock association learns management and communications tools

    June 12, 2017
    West Africa’s only regional livestock associations, Confederation des Federations du Bétail et de la Viande de l’Afrique de l’Ouest (COFENABVI-AO), learned new tools from the Trade Hub in late May to improve project management processes and leverage internal and external communication. The Trade Hub supports COFENABVI-AO to strengthen its financial sustainability and develop targeted services ...
    Read more
Share

West Africa Trade and Investment Hub - Accra, Ghana - contact@watradehub.com
This website is made possible by the support of the American People through the United States Agency for International Development (USAID.) The contents of this website are the sole responsibility of Abt Associates and do not necessarily reflect the views of USAID or the United States Government. For more information review our Privacy Policy and Disclaimer.
This website uses cookies. Involuntary personal information is not gathered or shared. Users can disable these cookies to prevent tracking user activity.

connect

Facebook Page Twitter Page Instagram Page