Despite security challenges, Burkina Faso's economy demonstrates resilience with promising outlooks. For the 2024 fiscal year, customs aims to collect $1.8 billion.
In Burkina Faso, customs collected CFA262.22 billion ($427 million) in revenue in the first quarter of 2024, according to the Burkina Information Agency (AIB). This collection represents a recovery rate of 100.38% compared to the initially projected CFA261.22 billion.
Despite the security challenges faced by the country, the economy has shown resilience. According to the International Monetary Fund (IMF), the country's economic prospects remain favorable, partly due to reforms implemented during the Transition. This year, the country is expected to become the fourth-largest economy in the CFA zone, reaching $21.9 billion (at current prices) compared to the estimated $20.3 billion in 2023.
It is worth noting that Burkina Faso's General Directorate of Customs aims to collect CFA1,106.2 billion ($1.8 billion) in revenue for the 2024 fiscal year, representing a 10.62% increase from the previous year.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
World Bank assesses progress on PACTDIGITAL and WURI programs Midterm review highlights coverage of 750 digital white zones 2026 roadmap focuses on...
Start-up of the Bargny-Sendou port is now scheduled for late 2026 The project aims to handle minerals, hydrocarbons, and agricultural cargo Annual...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 11% of global hydrocarbon discoveries since...
City plans municipal rules to tax short-term rentals at hotel-level rates Properties mainly used for short stays would face a 135% tax increase Cape...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...