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Burkina Faso

Background

Independence from France came to Burkina Faso (formerly Upper Volta) in 1960. Governmental instability during the 1970s and 1980s was followed by multiparty elections in the early 1990s. Several hundred thousand farm workers migrate south every year to Cote d'Ivoire and Ghana.

One of the poorest countries in the world, landlocked Burkina Faso has a high population density, few natural resources, and a fragile soil. About 90% of the population is engaged in (mainly subsistence) agriculture, which is highly vulnerable to variations in rainfall. Industry remains dominated by unprofitable government-controlled corporations. Following the African franc currency devaluation in January 1994 the government updated its development program in conjunction with international agencies, and exports and economic growth have increased. Maintenance of macroeconomic progress depends on continued low inflation, reduction in the trade deficit, and reforms designed to encourage private investment.

Holidays

Jan 1 - New Year's Day
Jan 3 - Anniversary of the 1966 coup dâtat
Feb 21* - Aid El Kébir (Feast of the Sacrifice)
Mar 8 - Women's Day
Mar 28~ - Easter Monday
Apr 21* - Mouloud (Birth of the Prophet)
May 1 - Labour Day
May 5~ - Ascension
Aug 4 - Revolution Day
Aug 5 - Independence Day
Aug 15 - Assumption
Oct 15 - Anniversary of the 1987 coup dâtat
Nov 1 - All Saints' Day
Nov 14-16* - Aid El Segheir (End of Ramadan)
Dec 11 - Proclamation of the Republic
Dec 25 - Christmas

Ps: Muslim festivals(*) are timed according to local sightings of various phases of the moon and the dates given above are approximations. Besides, the Festivals' date(~) are subject to change in every new year.

Phone Codes


Country Code: 226
Outgoing International Code: 00

Resources

Market Research

CIA - The World Factbook - Burkina Faso
This website indicates a wide range of detail information about Burkina Faso by introducing under 8 different fields as its geography, people, government, economy, communications, transportation, military, transnational issues.

About Burkina
There is available to find out Burkina's general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.

OPIC Links - Investor's Information Gateway for Burkina Faso
There is available country database information links which are efficient for the new investors planned to do business in Burkina Faso including the contact lists of the institutions, organization related to Burkina Faso business.

U.S. Department of State - Bureau of Consular Affairs - For Burkina Faso
U.S. Bureau of Consular Affairs supplies a wide range of research on Burkina in terms of analyzing its social, political, cultural & economic environments.

Doing Business in Burkina
World Bank analyzes the business environment and investment climate in Burkina for the potential investors in details.

Burkina Faso News
In this website, there is available to find Burkina's national news portals and worldwide news agencies providing news related to Burkina.

Embassy of Burkina Faso - Washington
The Embassy of Burkina in Washington basically aims to provide a source about Burkina's business information to give assistance for the investors by indicating the rich and diversified economic potential of Burkina.

Trade Information

Burkina Faso Government Online
This website represents basically the structure of Burkina's government in terms of its national organizations, ministries, government institutions and so forth in details.

Burkina Faso Chamber of Commerce
There is available to get Burkina Faso Chamber of Commerce's contact information.

Embassy Listings For Burkina Faso
There are listed the embassies of the republic of Burkina Faso including the embassies' contact information.

 
 
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