Housing Finance in Burkina Faso


This profile is also available in French here.

To download a pdf version of the full 2020 Burkina Faso country, click here.

Burkina Faso is a country with a population of 20.9 million with a high poverty line. The country has a 40% poverty line [1] and part of the reason is the ongoing conflicts since 2016. These ongoing conflicts have increased the amount of food insecurity and malnutrition in the country. All of this further decreasing the amount of disposable income that people have.

Despite the security issue, authorities have improved agricultural yields and have made strategic investments in the energy and infrastructure sectors. To facilitate accessibility of services, the number of rural roads are set to increase in 2020.

With poverty at its peak, the high level of urbanisation affects the housing shortage issues. Due to having these issues, the government is aiming at improving the quality of life for the people living in the country by implementing programmes.

There is relative accessibility to finance in Burkina Faso, also inclusive of informal financial institutions. There are also financing funds that are aimed at eradicating poverty. The country provides housing loans with the terms from 5 to 20 years, all of which depend on the type of loan that has been taken and the amount that was borrowed.

With the 40% poverty line and the fact that certain people earn a minimum wage (which doesn’t always constitute as a living wage), not everyone can afford to buy a house making them live in informal settlements. In response to this, the government has responded by implementing emergence programme to aid the residents needs. The aim of the programme is to improve security and reduce the vulnerability of the population. Even so, there are still housing and infrastructure problems because the houses are offered to residents that meet a certain criterion. So, the housing supply remains as a problem for other residents.

There seems to be more opportunities in the rental market as more and more people need a place to stay because some don’t qualify for mortgage loans to buy their own houses. So, investment in this could help improve the lives of the population but mainly if it’s affordable housing.


[1] Worldometers. (2020). Burkina Faso population live.

https://www.worldometers.info/world-population/burkina-faso-population (Accessed on 28 September 2020). Pg. 1.

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 2020 edition, which has up-to-date profiles for 55 African countries.

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