Public Management

Burkina Faso aims to boost cotton production to nearly 600,000 tons in 2024-25 season

Burkina Faso aims to boost cotton production to nearly 600,000 tons in 2024-25 season
Friday, 17 May 2024 14:36

Burkina Faso, alongside Mali and Benin, is a key player in West Africa's cotton production. Following a lukewarm 2023/2024 season, authorities are banking on a recovery in the cotton sector for the upcoming season.

The Burkinabe government sets its sights on ramping up cottonseed production to 598,250 tons during the 2024/2025 cotton season, according to the outcome of the latest Cabinet meeting held on May 15.

This projected stockpile marks a 55% surge compared to the previous year's harvest of 383,144 tons. Specifically, authorities anticipate production of 595,000 tons of conventional cottonseed and 3,250 tons of organic cotton. These upbeat forecasts stem partly from expected growth in cultivated land, estimated at 706,500 hectares compared to 535,304 hectares a year earlier.

"In 2023/2024, we observed a roughly 25% improvement in conventional cottonseed yields per hectare, reaching 827 kilograms per hectare," highlighted Serge Poda, Minister of Industrial Development, Trade, Handicrafts, and Small and Medium Enterprises.

Furthermore, the government plans to allocate CFA11 billion (around $18.2 million) to subsidize input purchases, aiming to bolster support for farmers. In Burkina Faso, cotton cultivation predominantly thrives in the Hauts-Bassins and Cascades regions.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B...
CAR Treasury returns to market, seeks up to $88.4M via new bond lines Three- to five-year bonds to fund $12.8B national development...
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy,...

Somalia’s President Sheikh Mohamud Signs Multiple Cooperation Agreements in Algeria
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.