Burkina Faso: “State – Private sector” collaboration, a key to inclusive development in the country of Burkina Faso

The 21st National State-Private Sector Dialogue took place on November 22-23, 2024, in Bobo-Dioulasso, marking a pivotal moment for Burkina Faso’s economic future. With the theme “The Role of National Investors in Driving Endogenous Development and Strengthening Economic Sovereignty,” the event set the stage for fostering deeper collaboration between the government and private enterprises.

Over two days, stakeholders tackled pressing issues, including economic recovery in insecure regions, the promotion of local industries, and strategies for popular shareholding.

Key discussions during the event centered on boosting agricultural production, enhancing livestock product value chains, and mobilizing the diaspora for local development.

These panels culminated in actionable recommendations aimed at building a resilient and inclusive economy.

Highlighting the interconnected roles of public and private sectors, the forum emphasized the government’s role in enabling local initiatives while relying on private sector innovation and investment to drive implementation.

Mahamadi Sawadogo, president of Burkina Faso’s Chamber of Commerce and Industry, reaffirmed the private sector’s commitment to advancing local transformation and sustainable development.

On the government’s end, Minister Serge Poda assured participants that the insights and proposals from the discussions would be integrated into a concrete action plan.

This plan, overseen by the National Steering Committee for Public-Private Cooperation, will ensure the timely execution of agreed-upon measures.

This reinforced partnership between the state and private sector serves as a cornerstone for economic recovery and peacebuilding in Burkina Faso, setting a foundation for a brighter, more secure future for its citizens.

Maurice K. ZONGO