Informal sector accounts for 80% of Burkina Faso economy
By the AFREEQUE newsroom, based on Burkina 24
The Ouagadougou Approved Management Centre brought together traders, informal economy stakeholders and institutional partners to promote business formalisation. According to Roland Achille Sow, president of the Chamber of Commerce’s special consular delegation, the informal sector accounts for at least 80% of economic activity but contributes less than 3% of tax revenue.
The informal economy accounts for at least 80% of overall economic activity in Burkina Faso, but its tax contribution remains below 3%, said Roland Achille, president of the special consular delegation of the Chamber of Commerce, according to Burkina 24.
The Ouagadougou Approved Management Centre, which supports businesses with their formalisation, organised an awareness session on Thursday 15 October 2026 for informal economy stakeholders. The meeting aimed to promote the formalisation of businesses in order to strengthen their sustainability and contribution to economic development, Burkina 24 reports.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
