A delegation from the African Development Bank Group and Burkinabè authorities have met to prepare the country's 2027-2031 Country Strategy Paper, expected to support national development priorities and enhance the impact of interventions for the benefit of the population.
The mission, led by Lamin Barrow, Director General for the West Africa Region, travelled to Ouagadougou from 4 to 8 May 2026. The parties reviewed results achieved under the Interim Country Strategy Paper extended until the end of 2026, and identified the main obstacles, as well as opened discussions on the priorities of the future partnership between the Bank Group and Burkina Faso.
Daniel Ndoye, AfDB Country Manager in Burkina Faso joined the discussions with relevant ministries, technical and financial partners, employers' organisations, and civil society organisations. The discussions helped identify several priorities for the next CSP, including economic resilience, infrastructure, economic transformation, support to the private sector, and improved project implementation.
"We commend the government's efforts in the area of security, as well as the macroeconomic performance achieved and the recent approval of the new National Development Plan, 'RELANCE' 2026-2030," said Barrow, during discussions with the Minister of Economy and Finance.
Burkina Faso's Minister of Economy, Finance and Foresight, Aboubakar Nacanabo invited the Bank to intensify its support for productive investments, in line with Pillar 4 of the National Development Plan (NDP), relating to the "development of infrastructure and the sustainable transformation of the economy."
This pillar notably aims to accelerate the country's industrialisation, strengthen energy production, and improve the competitiveness of the private sector. It also provides for the modernisation of transport, communication, and storage infrastructure to support national production.
Nacanabo also urged the Bank Group to demonstrate greater speed and flexibility in the conduct of its operations.
Under the Interim Country Strategy Paper, 13 projects have been approved and two more are expected to be approved before the end of 2026.
As of 30 April 2026, Burkina Faso's active portfolio comprised 19 projects across five sectors, for a total amount of approximately USD 956.1 million. The average age of the portfolio is 3.9 years, and the average disbursement rate is 20.4%.
