Burkina Faso News » Nord News Burkina Faso » Nord » Economy: Burkina Faso: Launch of two World Bank Economic Reports
OUAGADOUGOU, June 27, 2024 – The World Bank today launched (i) the Burkina Faso Economic Update and (ii) the Country Economic Memorandum (CEM). The CEM, one of the World Bank's major analytical ...
News Burkina Faso » Nord » Economy: Burkina Faso Posts Average Economic Growth of 4.8% Over Nine Years
Burkina Faso recorded average annual economic growth of 4.8% between 2016 and 2025 despite security, climate and financing challenges. The government mobilized CFA3.31 trillion ($5.75 billion) in ...
News Burkina Faso » Nord » Economy: Building Resilience, Not Dependence: Burkina Faso Redesigns Social Protection
The World Bank has approved a five-year, $120 million project aimed at expanding economic opportunities for vulnerable households and strengthening Burkina Faso’s social protection system. Building on ...
News Burkina Faso » Nord » Economy: Burkina Faso Economic Update: Energy for Economic Growth
According to the World Bank's April 2025 Burkina Faso Economic Update, the country's economy grew by 4.9% in 2024 compared to 3.0% in 2023. Real per capita GDP growth also increased from 0.7% to 2.5% ...
News Burkina Faso » Nord » Economy: Burkina Faso turns to Turkish developer for largest-ever $300 million power project in energy independence push
Burkina Faso is taking a major step toward reducing its dependence on imported electricity after securing financing for what will become the country's largest-ever power plant, a project expected to ...
News Burkina Faso » Nord » Economy: Burkina Faso unveils $64 billion 5-year roadmap to transform economy
Burkina Faso has adopted a new National Development Plan (PND) 2026–2030, a $64 billion, five-year roadmap aimed at reshaping the economy, strengthening stability, and promoting inclusive growth.
News Burkina Faso » Nord » Economy: Burkina Faso grants mining lease to Russia's Nordgold for gold project
April 25 (Reuters) - Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on ...
News Burkina Faso » Nord » Economy: Burkina Faso’s Government of Change Confronts Imperialism
Captain Ibrahim Traoré, 34 years old, became the provisional head of Burkina Faso’s government after a military coup in September 2022. His government seeks to finish off the remnants of French ...
News Burkina Faso » Nord » Economy: Why ECOWAS lifted economic sanctions on Niger, Mali, Burkina Faso
Citing humanitarian considerations, the Economic Community of West African States (ECOWAS) yesterday resolved to lift some of the sanctions it had imposed on Niger, Mali and Guinea, following the ...
News Burkina Faso » Nord » Economy: Russia, Burkina Faso agree to hold intergovernmental commission meeting this summer
The parties have begun forming the national sections of the commission, the Russian Embassy in Burkina Faso said MOSCOW, February 23. /TASS/. A meeting of the intergovernmental commission on trade and ...