4 FAQs about Burkina Faso home energy storage

Does Burkina Faso import electricity?

Burkina Faso imports nearly 70 percent of its electricity from neighboring Ghana and Cote d'Ivoire and faces electricity reliability and affordability challenges. It also imports other energy products such as gasoline and gas through a network of foreign companies to meet local demand.

What are the opportunities for US firms in Burkina Faso?

Opportunities for U.S. firms exist across many sectors, including agriculture, energy, banking and finance, telecommunications, manufacturing, and aviation. Burkina Faso remains committed to a market-based economy without barriers to trade.

Is Burkina Faso a market-based economy?

Burkina Faso remains committed to a market-based economy without barriers to trade. Over the last 15 years, the national power utility company, Société Nationale de l'Eléctricité du Burkina (SONABEL), customer base and energy demand ballooned, growing by 64% between 2015 and 2021. However, supply can only meet the demand in non-peak periods.

How has Burkina Faso benefited from foreign investment?

The Transition Government also broke ground on a series of manufacturing projects, including two gold refineries, as well as factories to process cotton and tomatoes. Overall, Burkina Faso welcomes foreign investment and actively seeks to attract foreign partners to aid in its development.

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Burkina Faso

Burkina Faso imports nearly 70 percent of its electricity from neighboring Ghana and Cote d''Ivoire and faces electricity reliability and affordability challenges. It also imports other energy

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