AKDN is one of the largest employers in the country, supporting the cotton, sugar, plastic and microfinance sectors. Three recipients of the Aga Khan Award for Architecture have been from Burkina Faso, prompting AKDN to organise a celebratory seminar in Ouagadougou.
His Highness the Aga Khan
President Compaoré and the Aga Khan launch Microfinance Agency in Burkina Faso, Ouagadougou, July 2005
Economic Development
3,000
SOSUCO employs over 3,000 employees to cut and transport sugar canes from November to April
AKDN has established two companies and is the largest private employer in Burkina Faso. SOSUCO produces sugar and provides services locally such as education and clean drinking water. Faso Coton works with 30,000 cotton producers, training them in techniques to improve soil fertility.
Microfinance
30%
30 percent of PAMF-B’s customers are women
AKAM established Première Agence de Microfinance Burkina Faso (PAMF-B) in 2006. Its rural clients use agricultural and livestock loans, with a group loan facility based on a social guarantee. PAMF-B also serves traders and small business owners in urban areas.
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