Public Management

Burkina Faso approves a $36 mln plan to boost agricultural production in the 2023/2024 season

Burkina Faso approves a $36 mln plan to boost agricultural production in the 2023/2024 season
Thursday, 01 June 2023 17:27

In Burkina Faso, the agriculture sector faces several challenges including insecurity and extreme weather conditions. With the new season underway, the government is stepping up efforts to boost production. 

During its ministerial council last Wednesday, Burkina Faso gave its approval to a presidential plan aiming to cultivate 11,000 hectares of farmland in the upcoming 2023/2024 growing season.

The allocated budget of CFAF22 billion ($36 million) is divided into three parts. The first component, named "Initiative d'urgence pour l'intensification de la riziculture" (Emergency initiative for the intensification of rice production), focuses on the expansion of rice cultivation across 4,000 hectares.

The second and third components, respectively entitled "Programme alimentaire militaire du Burkina Faso" (PAMBF) and "Production de défense de la Patrie contre l'insécurité alimentaire" (PDPIA), involve the development of 3,500 hectares of farmland each.

"The objectives of this initiative include meeting the national demand for rice in a context marked by security constraints, climate change, and import restrictions linked to the Russian-Ukrainian crisis. The initiative also aims to equip the military forces with agricultural skills for post-terrorism rehabilitation and promote the cultivation of high-yield crops such as sorghum, corn, and millet by the Volunteers for the Defense of the Fatherland (VDP)," the government indicated in a release. 

Local media outlet lefaso.net, quoting government spokesman Jean-Emmanuel Ouedraogo, revealed that over 1,000 military personnel, 2,000 VDPs, and 4,000 internally displaced persons (IDPs) will be mobilized to implement the project.

According to the official, the initiative will produce 190,000 tonnes of cereals and vegetables by the end of the 2023/2024 growing season. Meanwhile, the government believes that the country will harvest 8 million tonnes of farm products during the said season.  

Stéphanas Assocle

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Africa Logistics Properties lists East Africa's first industrial REIT on the NSE, raising $29.55M, with total listing value of $39.95M. The...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees, with annual costs rising sharply due to growing...
African Solidarity Fund signs $26 million counterguarantee with Cape Verde’s Pro Garante Facility backs bank loans to businesses, especially...
Senegal raises 50 billion CFA francs through 364-day treasury bills Three- and five-year bond tranches receive no investor bids Repayment...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
03

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
04

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
05

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.