Agricultural Exchange 2021: a Framework for Confronting Supply and Demand in Burkina

In Burkina Faso, agriculture employs more than 80% of the working population and, due to its high contribution to GDP, is one of the drivers of the structural transformation of the economy. While over the past ten years, sectoral policies and the macroeconomic framework have undergone profound reforms that have improved the food situation in our country, the current context marked by COVID-19, insecurity, and climate change has had a strong impact on the sector.

According to Issoufou Porgo, permanent secretary of the Confédération Paysanne du Faso (SP/CPF), this situation has resulted in poor sales for producers and processors, an increase in the purchase price of inputs, and difficulties in trading agricultural and animal products.

Read more on the subject and find other important economic news from around the world with the Born2Invest mobile app.

This meeting of giving and receiving benefited from the financial support of the project “Food and nutritional security and climate change in the Sahel (SANC2S)”

In addition, there is the increase in the purchase price of inputs, the abandonment of cultivable land, and the difficult management of internally displaced persons. To mitigate these effects, Mr. Porgo recalled the urgent need to improve the food security of the population and increase the rate of marketing of agricultural products, which is estimated at 37%. The national agricultural exchange (BAN) is part of this dynamic.

This important meeting in the agri-food industry aims to promote networking between the various actors of the agricultural sectors (producers, processors, traders), to create a good opportunity for dialogue and contractualization between operators and strengthen the system of partnership and marketing of agricultural products, noted the President of the NGO APROSSA Afrique Verte Burkina, Pierre Bango.

In the opinion of the SP/CPF, this initiative is to be encouraged insofar as it is the work of the actors themselves and constitutes a response to the important issue of the start-up of agricultural production through the transfer of production from surplus areas to deficit areas; thus contributing to breaking the isolation of agricultural actors and participating in increasing price transparency.

This ceremony was an opportunity for Mr. Porgo to give an overview of the fruitful partnership that exists between the NGO APROSSA Afrique Verte Burkina and his structure but also to define the conditions to be fulfilled in order to benefit from the support of the CPF which, it should be noted, promotes family farming.

According to him, it is necessary to be an agricultural producer member of a cooperative or a farmers’ organization. “It is united that we can win the battles. When we are each in our own little corner, it is quite difficult to access inputs, financing, and markets. We encourage small producers to organize themselves into cooperatives, groups and to join the federations that exist to benefit from services,” he told the audience. The 2021 edition of the BAN is held in conjunction with the eleventh edition of the Agro-Food Days carried by the National Federation of Agro-Food Industries of Burkina (FIAB) whose president is Simone Zoundi.

__

(Featured image by Pexels via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.