Publication: Burkina Faso Economic Update, April 2025: Special Chapter. Energy for Economic Growth
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2025-08-15
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2025-08-15
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This 2025 Economic Update for Burkina Faso contains two chapters. The first chapter presents the economic and poverty developments observed in the country in 2024 as well as the outlook from 2025 to 2027. The second chapter analyzes the power sector in Burkina Faso and provides recommendations on how to achieve energy policy targets. Major investments and reforms are needed across all segments of the electricity supply industry to address the challenges. Key challenges in the energy sector include regulatory gaps, dilapidated infrastructure, and a lack of funding to expand and modernize the grid. Sector policies and reforms could prioritize increasing access rates, private sector participation, solar PV development, grid improvements, lowering generation costs, and more efficient pricing. Urgent reforms and investments are needed to enhance private sector participation, improve regulation, and expand renewable energy solutions. Implementing cost-reflective pricing, expanding regional electricity trade, and competitively procuring solar PV projects could significantly lower generation costs.
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“World Bank. 2025. Burkina Faso Economic Update, April 2025: Special Chapter. Energy for Economic Growth. © World Bank. http://hdl.handle.net/10986/43603 License: CC BY-NC 3.0 IGO.”
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