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Burkina Faso Mining Development Fund Exceeds $150 Million in 2025

Burkina Faso raised CFA85.72 billion (about $152 million) through its Mining Development Fund (FMD) in 2025, according to official figures presented on March 5 in Ouagadougou by the National Technical Commission for Mines and the FMD, reported by Ecofin Agency.

The fund collected CFA35.10 billion during the first half of 2025. Authorities directed 58% of this amount to the Patriotic Support Fund (FSP), while the remaining share went to endogenous development projects and municipal development plans.

Revenues were higher in the second half of the year, when authorities collected CFA50.62 billion. Of this amount, 60% was allocated to the Patriotic Support Fund and 40% to local development initiatives.

Overall, for the full year, 59% of the total resources, equivalent to CFA50.83 billion, were directed to the FSP, while 41% supported local development projects.

The Ministry of Mines and Quarries of Burkina Faso explained the rise in revenues.

“The predominance of revenues in the second half over the first half is due, among other factors, to the attractive price of the gold ounce observed from September 2025 and the inclusion of contributions from semi-mechanized mining operations in the FMD during the second half of 2025,” the ministry said in a statement.

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The government launched the Mining Development Fund in 2020 as part of a national strategy to redistribute mining revenues to local communities and priority national projects.

Gold remains the country’s main export commodity and a major contributor to economic growth.

The fund supports municipal development plans and endogenous projects aimed at reducing regional inequalities and assisting municipalities affected by mining activities.

It also contributes to the Patriotic Support Fund, which finances initiatives of national interest, including social programs, security priorities and infrastructure projects.

This dual allocation reflects the government’s strategy to maximize the economic benefits of mining resources while supporting both regional development and national priorities.

Since its establishment, the fund has mobilized more than CFA169 billion between 2020 and 2022, according to data from the Government of Burkina Faso.

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Image Credit: Business Insider Africa

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