The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Burkina Faso  
Rank: 109 · Score: 22.8  

Basic facts        
Population (millions) 22.7   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 20.9   M&A volume (quartile) Bottom
GDP per capita (US$) 920.1   Venture capital investments (quartile) Bottom
GDP growth (per cent) 4.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 109 17, 16, 16, 16, 16 22.8
1 Economic Activity 91 29, 37, 39, 31, 34 63.9
2 Depth of Capital Market 103 22, 22, 21, 22, 22 8.8
3 Taxation 105 21, 17, 20, 21, 20 66.4
4 Investor Protection and Corporate Governance 108 19, 11, 17, 17, 17 39.5
5 Human and Social Environment 76 58, 44, 47, 48, 49 29.2
6 Entrepreneurial Opportunities 118 6, 9, 7, 8, 7 19.2


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Burkina Faso  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Malawi 59.3 12.1 64.8 45.2 25.7 34.4
Algeria 69.5 8.2 87.6 48.6 29.0 40.8
Zimbabwe 59.5 13.3 72.8 37.7 18.1 30.7
Burkina Faso 63.9 8.8 66.4 39.5 29.2 19.2
Ethiopia 78.7 5.4 64.5 25.5 25.3 35.7
Madagascar 62.7 6.7 97.1 36.8 22.5 23.7
Cameroon 71.0 6.8 40.9 35.4 23.7 21.3
Last updated: 4 Nov 2023