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
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect borrower data, expand regional credit information...
EGX is consulting on a revised trading schedule, extending the close to 3:00 PM and adjusting the opening to increase overlap with Gulf...
Scheme helps banks finance farming, processing and exports deemed too risky Agriculture accounts for just 3.95% of private sector bank lending...
Kenyan banks face a potential $800M payout after courts ruled unapproved interest rate hikes illegal, reinforcing consumer protection...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...

MTN MoMo, Mastercard Partner in Zambia to Boost Global Payments
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.