Burkino Faso is a landlocked country in Western Africa.  The name Burkina Faso, which means “Land of Incorruptible People” was adopted in 1984. The country occupies an extensive plateau, grassy in the north and gradually gives way to sparse forests in the south.

Ouagadougou is the capital of Burkina Faso. The administrative capital and the seat of government. It is a modern city where several companies have their headquarters.

The currency is West African CFA (Communauté Financière Africaine) franc and French is the official language spoken.

Important Sectors :

  • Information and Communication Technology :

Developing the WIFI services in the commercial areas.

  • Real estate :
  1. Construction of housing.
  2. Building construction as part of the specific real estate projects.
  3. Development of economic growth centres in towns through the establishments.
  • Energy :

Building solar power plants for the production of electricity for telecommunication plants.

Setting up gas based power plants.

  • Mining and minerals :

There mines which have not been explored such as manganese, zince, copper, limestone, bauxite can be exploited.

  • Agriculture: (including machinery and farm equipments)

Cotton production for modified varieties.

Commercial farming, dairy production and products etc.

  • Infrastructure:

Improving the logistic demand in the transport sector. International road sector.

  • Small & Medium Enterprises (SME) :

There are developmental challenges in the country. The changes in their reforms have been helping the Small and Medium Enterprises for sustainable growth.

  • Industrial Clusters :

Initiatives are being taken for cotton cluster development.

  • India’s exports to Burkina Faso

Pharmaceutical products, vehicles and parts thereof, iron and steel articles , machinery and mechanical appliances, rubber and rubber articles.

 

India’s imports from Burkina Faso

Gold and cotton

Indian companies in Burkina Faso

  • Alok Industries Limited
  • Skipper Group
  • Mohan Exports
  • Bharti Airtel
  • Angelique International Ltd

 

Chamber of Commerce :

Chambre de Commerce d’Industrie et d’Artisanat du Burkina Faso (Chamber of Commerce & Industry in Burkina Faso)

 

Trade Statistics:

Total bilateral trade between the two countries registered US$ 264.40 million in 2014-15 and US$ 119.76 million in 2013-14. Exports from India grew by about 9% from US$ 103.21 million in 2013-14 to US$ 112.76 million in 2014-15.