Burkina Faso Country Profile
Land Administration
Business Corruption
According to CAPRI Land Rights for African Development 2006, land conflicts are omnipresent at the local level, and powerful individuals such as the urban elite and agro-businessmen are capitalising on people’s poverty and lack of information, by buying communal rural lands at below–market prices.
Companies should note that despite property rights and acquisition of property being adequately defined under the law, weaknesses in the judicial system complicate or prevent their implementation, as reported in the Bertelsmann Foundation 2010. Nevertheless, the same source also reports that the government has implemented some reforms in order to make registering and transferring properties easier and less costly.
Frequency
The World Bank & IFC: Doing Business 2012:
- It takes an average of 4 procedures and 59 days at a cost of 12.8% of the property value to register property and secure property rights.
World Economic Forum: The Global Competitiveness Report 2011-2012:
- Business leaders give property rights a score of 4.3 on a 7-point scale (1 being 'poorly defined and not protected by law' and 7 'clearly defined and well-protected by law').
