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
Kenya’s foreign exchange reserves increased to $14.59 billion on March 5, up from $12.53 billion a week earlier. The reserves now...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
An IMF delegation completed a 10-day mission in Libreville to review Gabon’s economic situation. The institution welcomed recent reforms but urged...
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

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

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
05

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

Senegal Launches $360 Million Regional Bond Sale
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.