Burkina Faso
- According to preliminary estimates, GDP growth in real terms in 2012 will be 8%, driven by a good harvest and a favourable international environment. A similar economic trend of 7-8% is projected for 2013, thanks to strong performances by the primary and tertiary sectors. Nevertheless, the possibility of climatic shocks, volatile commodity prices (oil, gold) and regional insecurity, resulting from the Mali crisis, pose a threat.
- The country is slowly recovering from the social crisis of 2011, and the fact that the joint general and local elections held in December 2011 took place without any major incidents is a positive sign of the normalisation of the social and political situation. In terms of social progress, poverty persists despite a decade of sustained growth and programmes for vulnerable groups. Most of the indicators of the Millennium Development Goals (MDGs) will be unachievable by 2015.
- The economy still depends heavily on agriculture, forestry and livestock farming as well as the exploitation of mineral resources. In addition to mining, which keeps growing year-on-year, the pressure of the 3.1% population growth (one of the highest in West Africa) on extensive farming creates a major risk of accelerated degradation of the environment in a context of recurring climatic vagaries.
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-BF-FA0-006 |
Renforcement des infrastructure éléctriques et d'éléctrification rurale Categories: Energy & Power |
OngoingOnGo |
| P-BF-DB0-016 |
Prêt supplémentaire travaux route Ouagadougou Categories: Transport |
OngoingOnGo |
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
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
| Flag: |  |
| Capital: | Ouagadougou |
| Area: | 274,000 sq km |
| Total Population 2012: | 17.5 Million |
| Urban Population 2012: | 27.41% |
| Female Population 2012: | 50.31% |
| GDP: | US$ 11.2 Billion |
| GNI Per Capita 2012: | US$ 570 |
| Inflation Rate: | 3.60% |
| Crude Birth Rate (per 1000): | 42.62% |
| Human Development Index (rank / 187): | 183 |
| Human Development Index (scale 0 to 1): | 0.343 |
| Membership Date: | 22/09/1964 |
| Cumulative Approvals (1967-2012): | UA 826.4 Million |
