Burkina Faso



Official Country Name
Burkina Faso

Burkina Faso Overview
Burkina Faso (formerly Upper Volta) achieved independence from France in 1960. Repeated military coups during the 1970s and 1980s were followed by multiparty elections in the early 1990s. Current President Blaise COMPAORE came to power in a 1987 military coup and has won every election since then. Burkina Faso's high population density and limited natural resources result in poor economic prospects for the majority of its citizens. Recent unrest in Cote d'Ivoire and northern Ghana has hindered the ability of several hundred thousand seasonal Burkinabe farm workers to find employment in neighboring countries.

Burkina Faso Economy
One of the poorest countries in the world, landlocked Burkina Faso has few natural resources and a weak industrial base. About 90% of the population is engaged in subsistence agriculture, which is vulnerable to periodic drought. Cotton is the main cash crop and the government has joined with three other cotton producing countries in the region - Mali, Niger, and Chad - to lobby for improved access to Western markets. GDP growth has largely been driven by increases in world cotton prices. Industry remains dominated by unprofitable government-controlled corporations. Following the CFA franc currency devaluation in January 1994, the government updated its development program in conjunction with international agencies; exports and economic growth have increased. The government devolved macroeconomic policy and inflation targeting to the West African regional central bank (BCEAO), but maintains control over fiscal and microeconomic policies, including implementing reforms to encourage private investment. The bitter internal crisis in neighboring Cote d'Ivoire continues to hurt trade and industrial prospects and deepens the need for international assistance. Burkina Faso is eligible for a Millenium Challenge Account grant, which would increase investment in the country's human capital.

Burkina Faso Location
Burkina Faso is located in Western Africa, north of Ghana

Region
Burkina Faso is located in Africa

Burkina Faso Population
Burkina Faso has population of 13,902,972

Burkina Faso Climate
Burkina Faso has tropical; warm, dry winters; hot, wet summers

Burkina Faso Terrain
mostly flat to dissected, undulating plains; hills in west and southeast

Burkina Faso Natural Resources
manganese, limestone, marble; small deposits of gold, phosphates, pumice, salt

Ethnic Groups in Burkina Faso
Burkina Faso has the following ethnic groups - Mossi over 40%, Gurunsi, Senufo, Lobi, Bobo, Mande, Fulani

Burkina Faso Religions
Muslim 50%, indigenous beliefs 40%, Christian (mainly Roman Catholic) 10%

Burkina Faso Languages
French (official), native African languages belonging to Sudanic family spoken by 90% of the population

Burkina Faso Capital
Burkina Faso capital is Ouagadougou

Burkina Faso Currency
Burkina Faso currency is Communaute Financiere Africaine franc

Map of Burkina Faso