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Burkina Faso’s gold, precious mineral earnings soared to $152M in 2025, driven by stronger gold prices

Simon Osuji by Simon Osuji
March 10, 2026
in Business
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Burkina Faso’s gold, precious mineral earnings soared to $152M in 2025, driven by stronger gold prices
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The National Technical Commission for Mines and the FMD presented the results on March 5 in Ouagadougou.

According to Jean-Jacques Kabore, Ministerial Treasurer at the Ministry of Mines, “The predominance of revenues in the second semester over that of the first semester is due, among other things, to the interesting course of the golden ounce found starting in September 2025, and to contributions from semi-mechanized companies.”

In the first half of 2025, the fund collected CFA35.10 billion, allocating 58% (CFA20.33 billion) to the Patriotic Support Fund (FSP) and the remaining 42% (CFA14.77 billion) to local development initiatives.

Over the full year, Burkina Faso allocated approximately 59% of total FMD resources to the FSP and 41% to local initiatives.

Boosting local and national development

Gold remains Burkina Faso’s main export and a key driver of growth, helping the country attract regional attention as a rising player in Africa’s mining landscape

The fund finances municipal development plans, infrastructure projects, and endogenous initiatives designed to reduce territorial inequalities. The FSP, meanwhile, supports initiatives of national interest, including security, social programs, and strategic infrastructure.

Djibril Zoungrana, Permanent Secretary of the National Technical Commission for Mines, highlighted that the FMD allows Burkina Faso “to maximize the economic benefits of our mineral resources while supporting both regional development and national priorities.”

Since its creation, the FMD has mobilized more than CFA169 billion between 2020 and 2022, reflecting a consistent effort to formalize and redistribute mining wealth.

As Burkina Faso continues to strengthen governance and transparency in the mining sector, initiatives like the FMD position the country to leverage its mineral resources more effectively, supporting local communities while boosting its profile as a key mineral-rich economy in West Africa.

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