Burkina Faso
The Bank Group’s assistance strategy is aimed at helping the country with its sustainable development and poverty reduction efforts. The priority thrusts of the 2005-2009 strategy at the sectoral level include rural development, public utilities and the social sector, especially education, and at the trans-sector level, consolidation of the macro-economic framework, pursuit of the structural reforms, and improved governance: The agricultural sector, the primary source of revenue, remains vulnerable to exogenous shocks, namely; the effects of climate change and fluctuations in the international prices of cotton, the country's primary export product. Within the context of its development, the Burkinabe economy will have to address certain internal constraints and limitations, namely;
- lack of economic diversification
- low level of human resource development
- insufficient basic infrastructure
- weak institutional capacity
- governance problems
This situation makes the country highly dependent on external assistance for its development.
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-BF-FA0-006 |
Renforcement des infrastructure éléctriques et d'éléctrification rurale Sector: Energy & Power |
ApprovedAPVD |
| P-BF-IZ0-001 |
Reinsertion Socio-economique des populations en situation difficle Sector: Human and Social Development |
PipelinePIPE |
| P-BF-K00-008 |
Programme d'appui à la stratégie de réduction de la pauvreté V Sector: Economic & Financial Governance |
LendingLEND |
| P-BF-IB0-001 |
Aide humanitaires d'urgence aux victimes des inondations causées par la pluie diluvienne Sector: Human and Social Development, Health |
On goingOnGo |
| P-BF-DB0-015 |
Projet routier Koupela Bitou Sector: Transport |
On goingOnGo |
Burkina Faso Regional Map
The priority goals of the Poverty Reduction Strategy Paper (PRSP) include:
- eradication of extreme poverty by reducing the incidence of poverty from 46.4% in 2003 to 35% by 2015;
- implementation of macroeconomic policies focused on the achievement of strong, sustainable, and more evenly distributed growth;
- acceleration and strengthening of the decentralization and modernization of public administration; and insertion of Burkina Faso into the regional integration and globalization processes.
In order to attain the overall objectives, the Government has determined the following four priority thrusts
- acceleration of equity-based growth;
- better access to basic social services for the poor;
- expansion of pro-poor employment opportunities and income-generating activities; and
- promotion of good governance:
The primary challenge of this program lies in the achievement of strong and sustained growth with the principal objective of an average annual growth rate of at least 7% and implementation of a poverty reduction strategy in a manner compatible with reducing the public debt burden.
The Bank’s priority interventions in the public sector will focus on:
- consolidating the macroeconomic framework and improving governance
- increasing the agricultural sector’s productivity and competitiveness and developing sustainable income-generating activities
- building the country’s administrative capacity
- improving access to basic social services (primary healthcare, water, and rural electrification
The development strategy proposed for the 2005-2009 period is based on the 2003 revised PRSP. For various reasons, the Bank chose to base its assistance strategy for Burkina Faso on two areas of concentration:
- promotion of diversification of the economy
- improvement of the population’s living conditions, especially of vulnerable groups
Diversification of the economy will make it possible to expand the production base and reduce dependency on cotton. From 1970, year of tits first operation in Burkina Faso, to December 31, 2007, the Bank Group has awarded loans and grants for a total amount net of cancellations of UA 519.4 million to finance 62 operations, 36 of which have been completed and 26 are at various stages of implementation: Total ongoing commitments amount to UA 278.9 million of which UA 256.7 million (92%) for ADF resources and UA 22.15 million for AfDB resources.
Contacts
Burkina Faso field office
Groupe de la Banque africaine de développement
Bureau National du Burkina Faso (BFFO)
Immeuble Administratif et Technique de l' ARTEL
(Autorité Nationale de Régulation des Télecommunications)
5eme Etage
Ouagadougou, Burkina Faso
Tel: +226 50375750/51/53 Ext. 6100-6129
Fax: +226 50375749
Contact
Mme Antoinette Dinga-Dzondo, Représentante Résidente
Mr. Janvier Litse
African Development Bank Group
Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O. Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 7110-2847/7110-2047
Fax: (216) 71 10 37 43
Key Facts
| Capital: | Ouagadougou |
| Area: | 274,000 sq km |
| Total Population 2008: | 15.2 Million |
| Urban Population 2008: | 19.56% |
| Female Population 2008: | 49.94% |
| GDP 2008: | US$ 8.2 Billion |
| GNI Per Capita 2007: | US$ 430 |
| Inflation Rate 2008: | 1.96% |
| Crude Birth Rate (per 1000) 2008: | 43.49% |
| Human Development Index (scale 0 to 1) 2006: | 0.372 |
| Membership Date: | 22/09/1964 |
| Cumulative Approvals (1967-2008): | UA 678.7 Million |
| Flag: |


