Bloomberg News

Burkina Faso’s New Airport Will Cost 230 Billion CFA Francs

June 26, 2012

Burkina Faso’s new international airport will cost 230 billion CFA francs ($435 million), with about 77 percent of the funding already committed from international lenders.

The current facility is too close to Ouagadougou, the capital city of 1.5 million people, and will be located in the village of Donsin, 30 kilometers (19 miles) away, Do Pascal Sessouma, communication director of the project, said in an e- mail on June 22.

The funders who have already pledged loans of 177 billion francs include the World Bank, the Islamic Development Bank, the African Development Bank and the West African Development Bank, Sessouma said. Private investors will provide the remainder, he said, without giving details.

Construction will begin next year and the first commercial flight is expected in 2017, with 1 million passengers annually reached by 2025, he said. The airport will have a runway of 3,500 meters and another of 4,000 meters, Sessouma said.

Air France-KLM (AF), Royal Air Maroc, Brussels Airlines NV, Kenya Airways Ltd. (KNAL) and Air Burkina, which flies around West Africa, are the main carriers currently using the Ouagadougou airport.

To contact the reporter on this story: Simon Gongo in Ouagadougou via Accra at ebowers1@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net


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