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Second Burkina Faso Economic Forum in Canada

October 8 @ 10:00 am - 12:00 pm

Business Opportunities in the sectors of Agriculture and Breeding - October 08, 2020

WATCH HERE - Second Burkina Faso Economic Forum in Canada with Prime Minister His Excellency DABIRÉ.

The Canadian Council for Africa (CCAfrique) in partnership with the Embassy of Burkina Faso in Canada, has the great pleasure to invite you to the Second Burkina Faso Economic Forum in Canada – Business Opportunities in the sectors of Agriculture and Breeding on October 8, 2020 from 10:00 a.m. to 12:00 p.m.

Click here to download flyer

This free webinar aims to promote Burkina Faso as a thriving business destination for Canadian companies in the Agriculture and Livestock sectors.

This conference will feature:

  • His Excellency Christophe Joseph Marie DABIRÉ, The Prime Minister
  • Mr. Salifou OUEDRAOGO, Minister of Agriculture and Hydro-Agricultural Development
  • Mr. Sommanogo KOUTOU, Minister of Animal and Fisheries Resources

WATCH HERE - Second Burkina Faso Economic Forum in Canada with Prime Minister His Excellency DABIRÉ.

During this webinar, you will also have the opportunity to interact with stakeholders.

 

DID YOU KNOW?

1. An Agreement for the Promotion and Protection of Foreign Investments (APPIE) was signed between Canada and Burkina Faso in 2015 which not only acts on economic and trade relations but above all to guarantee and secure investments. The agreement has been ratified by both states.

2. Burkina Faso is Quebec’s leading trade partner (Import + Export) in Sub-Saharan Africa, while Canada is the leading foreign investor in Burkina Faso. Moreover, according to the latest statistics to date, Canadian mining assets in Burkina Faso reached almost $ 2 billion in 2014.

3. Burkina Faso is the second destination for Canadians in Africa (according to Statistics Canada, 2015) after South Africa.

Agricultural Sector: Burkina Faso has significant potential for agro-food production and processing.

a. 9,000,000 cultivable hectares of which around 3.5 million hectares are available!

b. Production possibilities of all types of tropical crops with regard to rainfall: 300 mm / year in the North to around 1,200 mm / year in the West and land

c. 233,500 irrigable hectares and 500,000 developable hectares, respectively exploited at 30% and 11%

According to the World Bank, Burkina Faso has a potential comparative advantage in several non-traditional cash crops, such as fruits (especially mangoes) and vegetables (onions, tomatoes, potatoes and beans), which it could export. to African countries on the West Coast and to European countries where demand is high, especially for products from organic farming.

Livestock Sector: Burkina Faso has enormous potential in this sector. Exports of live animals are relatively large. On the other hand, very little meat is exported mainly due to the lack of slaughterhouses that meet international standards while the market exists, especially at the sub-regional level. These exports are destined for neighboring countries, in particular Côte d’Ivoire, Ghana, Togo, Benin and Nigeria. There is also a strong demand for other products such as milk. The cattle herd is estimated at around 9.1 million head including around 1 million dairy cows. Dairy products barely cover 10% of national demand

The Burkina Faso Economic Forum in Canada is a dream opportunity for the public and private sectors of Burkina Faso to publicize investment opportunities in their country, to make contacts and establish partnerships with the Canadian business community. .

Here are the ten reasons to invest in Burkina Faso:

  1. Political and institutional stability.
  2. A stable and lasting macroeconomic framework.
  3. A resolute choice for an economy open to the outside world.
  4. A favorable, innovative and particularly encouraging legislative and regulatory framework, with a firm policy of protection, guarantee and promotion of investments.
  5. A monetary stability zone, with a common currency within the UEMOA, freely convertible with a fixed parity against the euro.
  6. A young, dynamic, enterprising population and an abundant workforce known to be hardworking.
  7. A central geographical position in the heart of West Africa.
  8. A favorable legal and judicial environment, business law that is harmonized and constantly improving within the framework of OHADA.
  9. An international road network in good condition, combined with an efficient international transit system, making Burkina Faso a crossroads for trade between UEMOA and ECOWAS countries.
  10. Enormous economic potential not yet exploited in the fields of agriculture, agribusiness and breeding.

We hope you will join us for this special event.

Best regards,

Mr. Nola Kianza
President & CEO
Canadian Council on Africa (CCAfrica) – Promoting Trade and Economic Development Between Canada and Africa Since 2002
Ph: (416) 572-2129 | E-mail: nola.kianza@ccafrica.ca 

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Details

Date:
October 8
Time:
10:00 am - 12:00 pm
Event Category:
Website:
https://canadiancouncilonafrica.wildapricot.org/event-3998231/Registration

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