Burkina Faso

In-depth country-focused analysis on Burkina Faso's economic, political and operational risk environment, complemented by detailed sector insight

Burkina Faso

Our comprehensive assessment of Burkina Faso's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Burkina Faso, as well as the latest industry developments that could impact Burkina Faso’s industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Burkina Faso before your competitors.

Country Risk

Burkina Faso Country Risk

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  • Annual real GDP growth in Benin will average 5.2% between 2015 and 2024 as consumer spending increases and the country's political stability engenders elevated levels of fixed investment. Nevertheless, a sporadic electricity supply and reliance on cotton production will hold back the pace of economic development.

  • Benin's political landscape shows little sign of fragility, and will remain one of the most stable, open and accountable in West Africa in the years ahead, enjoined by a free press and a multitude of political parties. Nevertheless, the country faces challenges in the long term such as an overspill of violence from piracy and terrorist activity in the region, and the potential for tribal/ethnic schisms to open.


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Burkina Faso Country Risk

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Core Views

  • After a slowdown in 2014 and 2015, Burkina Faso will continue along its present growth trajectory over the next 10 years, growing at an average annual rate of over 7.0% from 2016. A continued dependence on primary industries, however, will ensure that the country remains vulnerable to external shocks such as extreme weather and commodity price fluctuations.

  • Risks to political instability are likely to remain elevated in the run up to and after the October 2015 elections. If the vote is not considered to be free it would severely damage the credibility of the incoming government, making it especially difficult to implement reforms and continue the transition to an open democracy. The special military unit formed by ex-president Blaise Compaore may also post a threat if it resists reform efforts.

  • Growth will come in under consensus...

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