Housing Finance in Burkina Faso

Overview

This profile is also available in French here.

To download a pdf version of the full 2019 Burkina Faso country, click here.

Burkina Faso ranks fifth in the WAEMU zone behind Benin, Senegal, Togo and Cote d’Ivoire, with an index of 0.351. Informal financial channels, including the decentralised financial systems (DFS), are the most important means of saving and borrowing in the country. Housing loans are available in the country through banks such as Société Générale Burkina Faso, a subsidiary of France-based Société Générale, Coris Bank, the Banque de l’Habitat du Burkina Faso, etc.

Despite the existence of housing finance, many people on the ground have publicly said that they would not be able to afford to own the 40 000 housing units currently being built by the government. The marketing of the houses is being done by subscription through a request sent to the Centre de Gestion des Cités (CEGECI), a state-controlled real estate development company. A committee at CEGECI analyses the application. In addition, those who buy property in Burkina Faso have to go through a lengthy, complicated process to get it registered.

In Burkina Faso, the constitution enshrines the right to housing. The law determines, on one hand, the status of land in the national land area, the general principles governing the planning and sustainable development of the territory, the management of land resources and other natural resources, and the regulation of real estate; and on the other hand, the framework of an agrarian policy.

Find out more information on the housing finance sector of Burkina Faso, including key stakeholders, important policies and housing affordability:


Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2019 edition, which has up-to-date profiles for 55 African countries.

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