Africa/ Burkina Faso/ Burkina Faso Ministry of Economy & Finance

Burkina Faso Ministry of Economy & Finance

Burkina Faso Ministry of Economy & Finance website

Key Competitive Attractions

Burkina Faso is one of the poorest countries the world, with more than 80% of the population living off subsistence farming.

The main export commodities are cotton, livestock and gold. Small-scale industry also includes cotton lint, beverages, food processing, soap, cigarettes and textiles. Mineral resources are not extensive but the country sits on an unexploited manganese ore deposit in the northeast, and gold has been a major export earner since the 1980s.

The country has been committed to a structural adjustment programme since 1991 and reforms have been introduced to encourage private investment. The key aims of the government are to develop the mineral resources of the country, to improve infrastructure and to make agricultural and livestock sectors more productive and competitive. Industrial activity is located primarily in Bobo-Dioulasso, Ouagadougou, Banfora, and Koudougou.

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