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Policy Framework for Investment in Agriculture in Burkina Faso

image of Policy Framework for Investment in Agriculture in Burkina Faso

Burkina Faso is the first country to apply the OECD Policy Framework for Investment in Agriculture to assess its policies to attract and benefit from investment in the sector. This whole-of-government assessment involved 17 Ministries and institutions, as well as the private sector, and has identified short- to medium-term measures to improve and strengthen the country's capacity for policy design.

 

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Preface by Rintaro Tamaki

Despite being home to more than 60% of the world’s unused agricultural land, the African continent has suffered decades of under-investment in agriculture, resulting in stagnant productivity and lack of growth in the sector. On average, African countries allocate a mere 4% of their total budget to agriculture, compared with up to 14% in Asia. In addition, flows of foreign direct investment and official development assistance to the sector have been limited for many years.

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