Canada - Burkina Faso Relations
Canada and Burkina Faso established diplomatic relations in 1962, shortly after the country gained its independence in 1960. Bilateral relations between Canada and Burkina Faso are well established and harmonious. The two countries frequently collaborate within the United Nations and La Francophonie and through trade relations.
Canada in Burkina Faso
In Burkina Faso, Canada is represented by the Embassy of Canada in Ouagadougou.
Burkina Faso in Canada
Burkina Faso is represented in Canada by the Embassy of Burkina Faso in Ottawa. Honorary Consuls are also present in Montreal, Toronto, Caraquet and Vancouver.
Trade and Investments
Burkina Faso is an emerging market offering particular opportunities for Canadian companies. Some of the most promising sectors for growth are mines, education and corporate social responsibility. The bilateral trade between the two countries totaled $ 72 million in 2015, nearly $ 36 million in exports and imports. Imports from Burkina Faso were mainly minerals and main export products were machinery; electrical and electronic equipment; cars; cast iron, iron or steel structures; and tools. The Burkinabe mining sector, which is largely dominated by the gold mining activity, has boomed in recent years. Canadian firms are majority shareholders of three of the five most advanced mining projects in Burkina Faso.
Taking advantage of the recent mining boom that made gold the first export product of Burkina Faso, Canada became the largest foreign investor since 2008 in Burkina Faso. This is an opportunity for the Government of Canada and Canadian companies to promote corporate social responsibility. According to the latest statistics to date, Canadian mining assets in Burkina Faso amounted to almost 2 billion in 2014.
- An Agreement on the promotion and protection of foreign investments (FIPA) was signed in 2014. The two countries now proceed to their respective ratification of the Agreement.
Burkina Faso’s Students in Canada
In 2015, 607 Burkinabe students had a valid permit to study in Canada.
Development and Humanitarian Assistance
In 2014-2015, Canada has paid an amount of $45 million in development assistance to Burkina Faso. In 2014, Burkina Faso has been incorporated to the list of target countries for development aid. Canada supports the Strategy for Accelerated Growth and Sustainable Development of the Government of Burkina Faso, in particular to ensure the future of children and youth, and stimulating sustainable economic growth.
The main partners are the Burkina Faso government, the Nutrition International, The Global Fund accelerating the ends of AIDS, tuberculosis and malaria, World University Service of Canada (WUSC), Cowater International Inc. and Center for International Studies and Cooperation (CISC). Canada is acting as lead technical and financial partners of the microfinance sector and recently completed his term leading the education sector.
See Project Browser for additional information on programming in Burkina Faso.
Other Relevant Information
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