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we are in Burkina Faso



After leaving ECOWAS, Burkina Faso has just achieved a remarkable achievement, surpassing Côte d'Ivoire, Nigeria, and many other African countries in a prestigious ranking.

Indeed, according to the 2024 Open Data Watch global ranking, Burkina Faso ranks first in West Africa and second on the continent, just behind Morocco and well ahead of Côte d'Ivoire and Nigeria.

The ranking is based on the assessment conducted by the Open Data Inventory (ODIN), which analyzes the quality of national statistical systems through data made available on official platforms.

Burkina Faso achieved an overall score of 77 out of 100, thanks to the quality of its statistical platform, considered among the best on the continent.

According to Adama Nabayaogo, Senior Administrator of Open Data Burkina Faso, two criteria were decisive in this assessment: open data and coverage of statistical topics.

 These results demonstrate the work accomplished by Burkinabe institutions to improve the collection and dissemination of information essential to governance and development.

Burkina Faso does not intend to stop there. The country now aims to join the global top 15 by strengthening the collection and dissemination of data on key social themes such as poverty and income, crime and justice, and shelters.

For Toubou Dipama, Director General of the National Institute of Statistics and Demography (INSD), this ranking is a recognition of the teams' professionalism and long-term work.

He emphasized that the goal now is to strengthen the functioning of the national statistical system by improving collaboration with sectoral structures and investing in continuing education for staff.

The INSD also highlighted the Open Data Burkina Faso platform, operational since 2016 thanks to financial support from the African Development Bank (AfDB).

 Users can consult Burkina Faso's statistical data via the websites of the INSD, the National Statistics Council (CNS) and the Open Data platform.

In Burkina Faso, the CFA franc currency is used, as is the case in 13 other countries in the region. It was originally the franc of the French colonies in Africa and later became the franc of the French communities in Africa.

The name CFA franc refers to two common currencies—one West African (the African Financial Community franc) and one Central African (the African Financial Cooperation franc)—inherited from French colonization and used by fourteen African countries that partly constitute the franc zone. Although both currencies are commonly called the CFA franc and have the same value, they are not interchangeable. It is therefore not a common monetary zone but two juxtaposed zone .

The CFA franc has been the subject of political criticism among the leaders of the countries that use it. 

-This was the case in 2015 when Kako Nubukpo, Togolese economist and Minister for Forecasting and Public Policy Evaluation, criticized the BCEAO's pooling of the currency. On February 16 and 17, 2017, the "CFA Franc General Assembly" was held in Bamako. Organized by Kako Nubukpo, the meeting aimed to find a new currency capable of replacing the old one

-In August 2015, Chadian President Idriss Déby called on African countries to leave the CFA franc zone, arguing that as long as the currency was guaranteed by France, it would not be entirely African. On November 28, 2017, Emmanuel Macron declared himself completely open to the question of the future of the CFA franc, recalling that, while it is a factor of stability for the countries that have it, the CFA franc can be abandoned by its member countries at any time.



The launch of the new currency would therefore have no immediate effects, and a devaluation was not currently planned. The study also notes that "UEMOA " member states will no longer be required to keep half of their foreign exchange reserves in an operating account at the French Treasury. In other words, the regional central bank, the BCEAO, will be able to manage its foreign exchange reserves as it deems appropriate."

-On May 3, 2025, the NGO Urgences panafricanistes organized several public meetings and conferences against the CFA franc in several African capitals.

-Since 2019, there have been numerous discussions regarding the establishment of the ECO as a single currency for all ECOWAS countries. ECOWAS hopes to implement the ECO by 2027.









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