馃嚙馃嚝Burkina FasoWest Africa
World Bank praises Burkina Faso's public finance progress
via Lefaso.net1 min read
Burkina Faso's Minister of Economy and Finance, Dr. Aboubakar Nacanabo, met with the World Bank's Regional Director for Prosperity, Yaye Seynabou Sakho, on June 29, 2026, in Ouagadougou. The meeting focused on the cooperation between Burkina Faso and the World Bank, as announced by the Ministry of Economy and Finance. Discussions also covered future collaboration on the country's development programs. During the audience, the World Bank representative commended Burkinabe authorities for their progress in the "Country Policy and Institutional Assessment" CPIA, which evaluates the quality of public policies and institutions. She specifically praised advancements in public finance management and encouraged continued reforms to strengthen governance and institutional performance. The Minister of Economy and Finance reiterated the importance of the strategic partnership between Burkina Faso and the World Bank. He advocated for support to be directed towards structural and high-impact investments that can facilitate the country's economic transformation and sustainably improve living conditions, aligning with national development priorities.
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In Bobo-Dioulasso, the HortiPlus Project has initiated its first circular economy incubation cycle for agricultural value chains. On June 29, 2026, 25 entrepreneurs began a three-day hackathon aimed at developing innovative solutions to convert agricultural by-products and waste into sustainable economic opportunities. This initiative, supported by the Kingdom of the Netherlands and implemented by a consortium including AGRODEV Services, Advance Consulting, AUXFIN, Agriterra, and Sense, seeks to foster a new generation of entrepreneurs who combine profitability, innovation, and environmental protection. The hackathon focuses on identifying business opportunities from waste generated by mango, cashew, market gardening, rice, and agri-food sectors. Participants will analyze waste streams in Bobo-Dioulasso, design circular businesses, and develop viable economic models. Following this phase, 15 promising teams will enter a 12-week pre-incubation period, with 10 advancing to an incubation phase focused on marketing, sales, and business development. The ultimate goal is to establish five start-ups capable of generating initial revenues. Hedzer Roodenburg Vermaat, a circular economy expert from Advance Consulting, emphasized that the circular economy goes beyond simple recycling by preventing waste generation through innovative approaches. Jean Bosco Dibouloni, Director General of AGRODEV Services, stated that this activity aligns with the HortiPlus Project's objectives, which incl
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