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MINE TOUR FEBRUARY 2014 PHOTO: First ore extraction from Siou, January 2014.
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Page 1: MINE TOURIn this presentation, all amounts are in US dollars unless otherwise indicated. ... 33 Komatsu mining trucks – 63 tonnes 6 Caterpillar mining trucks – 63 tonnes 10 Komatsu

MINE TOUR

FEBRUARY 2014

PHOTO: First ore extraction from Siou, January 2014.

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FORFOWARD-LOOKING STATEMENTS

This presentation contains forward-looking statements. Forward-looking statements involve known and unknown risks,

uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed

or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements.

Forward-looking statements include words or expressions such as “scheduled”, “preliminary”, “anticipates”, “guidance”,

“priority”, “growth”, “estimated”, and other similar words or expressions. Factors that could cause future results or events to

differ materially from current expectations expressed or implied by the forward-looking statements include the ability to meet

our 2014 guidance with respect to ore processed, head grade, recovery, ounces produced, operating cost per tonne, total

cash cost per ounce, total strip, waste and ore extracted, all-in sustaining cost, the ability to spend $18 million in exploration

in 2014, fluctuation in the price of currencies, gold or operating costs, mining industry risks, uncertainty as to the calculation

of mineral reserves and resources, delays, political and social stability in Africa (including our ability to maintain or renew

licenses and permits) and other risks described in SEMAFO’s documents filed with Canadian securities regulatory

authorities. You can find further information with respect to these and other risks in SEMAFO’s 2012 Annual MD&A, as

updated in SEMAFO’s 2013 First Quarter MD&A, 2013 Second Quarter MD&A and 2013 Third Quarter MD&A, and other

filings made with Canadian securities regulatory authorities and available at www.sedar.com. Documents are also available

on our website at www.semafo.com. These forward-looking statements are dated as of February 4, 2014 and we disclaim

any obligation to update or revise these forward-looking statements, except as required by applicable law.

We also advise you that the terms “Inferred Resources” and “Indicated Resources”, although recognized and required by the

Canadian Securities Administrators, are not recognized by the US Securities and Exchange Commission. There is no

certainty that Inferred Resources or Indicated Resources will be economically mineable.

In this presentation, all amounts are in US dollars unless otherwise indicated.

FORWARD-LOOKING STATEMENTS

2 M O V I N G F O R W A R D

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BURKINA FASO – MANA PROPERTY

3 M O V I N G F O R W A R D

More than 15 years of

experience in Burkina Faso

Exploration

Development/Construction

Production

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MANA: EXTENSIVE PROPERTY

M O V I N G F O R W A R D 4

Burkina Faso

≈260 km

Mana’s 2014 exploration budget: $18M focused on

the Siou intrusive sector, east of the processing plant

Exploration permits: 2,327 km2

Mana

Mali

Ivory Coast Ghana

Togo Benin

Niger

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HISTORY OF MANA

M O V I N G F O R W A R D 5

1998 2008 2009 2010 2011 2012 2013 2014

1998: Identified Mana Target

Feb. 2008: Plant start-up

with 2,000 tpd ball mill

July 2008:

Commissioned 4,000 tpd

ball mill July 2010: Completed

Phase II of plant expansion:

SAG mill, 6,000 tpd in

bedrock

March 2010: Completed

Phase I of plant expansion:

6,000 tpd in saprolite

Aug. 2012: Discovered high-grade

Siou Zone

July 2012:

• Opted to retain open-pit mining

scenario at Wona-Kona

• Completed Phase IV of plant

expansion: SAG mill, 8,000 tpd in

blended ore

Sept. 2013: Siou added 769,300

ounces at 4.94 g/t Au to gold

reserves (as at June 30, 2013) –

Mana’s gold reserves increased

28% to 2.4 million ounces

Jan. 2014:

Announced

commencement

of mining extraction

process at Siou

Dec. 2010: Successful

completion of Phase III of

plant expansion: optimized

gold recovery

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SIOU

FOFINA

WONA-KONA PIT

Processing Plant

M O V I N G F O R W A R D 6

Power line

New 17-km road to the

processing plant

7-km road to the processing

plant scheduled for Q2 2014

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> > M O V I N G F O R W A R D 7

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SIOU

FOFINA

WONA-KONA PIT

Processing Plant

8 M O V I N G F O R W A R D

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2013* 2012 2011 2010 2009 2008 TOTAL

Gold production

(ounces) 158,600 172,700 187,800 179,700 153,500 74,000 926,300

Ore processed

(tonnes) 2,834,500 2,738,000 2,448,200 1,947,800 1,401,700 773,700 12,143,900

Head grade (g/t) 2.00 2.25 2.76 3.29 3.50 3.62 2.69

Recovery (%) 86 87 88 88 95 93 88

Cash operating cost1

per tonne ($US/t) $40 $42 $40 $34 $39 $41 $39

Total cash cost1 per

ounce ($US/oz) $790 $750 $592 $415 $398 $415 $556

HISTORICAL DATA 2008-2013 – MANA MINE

FOFINA

9 M O V I N G F O R W A R D

* Numbers are preliminary and subject to final adjustment. SEMAFO anticipates releasing its Q4 2013 and year-end financial results on or about March 12, 2014.

(1) Cash operating cost per tonne is a non-IFRS financial performance measure with no standard definition under IFRS and represents is calculated using ounces produced

and tonnes processed.

(2) Total cash cost per ounce is a non-IFRS financial performance measure with no standard definition under IFRS and represents the mining operation expenses and

government royalties per ounce sold.

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MANA MINING FLEET1

M O V I N G F O R W A R D 1 0

The Mana mining feet includes: 49 mining trucks:

33 Komatsu mining trucks – 63 tonnes

6 Caterpillar mining trucks – 63 tonnes

10 Komatsu mining trucks – 100 tonnes

13 hydraulic excavators varying from 2.50 m3 – 10.00 m3:

1 Komatsu PC400

1 Komatsu PC600

2 Komatsu PC800 – 4.75 m3

7 Komatsu PC1250 – 6.50 m3

2 Caterpillar 6018 – 10.00 m3

Four-wheel loaders with buckets varying from 3.5 – 6.1 m3

10 production drills – Atlas Copco ROCF9-11

Regular water trucks, dozers and graders

The transportation of ore from Siou and Fofina to the Mana processing plant will be subcontracted out to local suppliers.

1 As at June 30, 2013. Reference: NI 43-101 Technical Report, Mana Property.

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Deposit Mineralization type Density (t/m3)

Wona-Kona Iron cap 2.3

Laterite 1.9

Saprolite 2.3

Saprock 2.4

Bedrock 2.85

Nyafé / Filon 67 Oxide 2.4

Sulphide 2.8

Fofina Iron cap 2.3

Laterite 1.9

Saprolite 2.35

Saprock 2.6

Bedrock 2.87

Fobiri Iron cap 2.3

Laterite 1.9

Saprolite 2.35

Saprock 2.6

Bedrock 2.87

Yaho Iron cap 2.3

Laterite 1.9

Oxide 2.35

Transition 2.6

Sulphide 2.87

Siou* Iron cap 2.59

Laterite 2.59

Saprolite 2.59

Saprock 2.59

Bedrock 2.59

Maoula Iron cap 2.3

Saprolite 2.3

Saprock 2.4

Bedrock 2.85

MANA DENSITIES BY DEPOSIT AND BY

MINERALIZATION TYPES

1 1 M O V I N G F O R W A R D

Deposit Mineralization

Type Density (t/m3)

Wona-Kona Iron cap 2.3

Laterite 1.9

Saprolite 2.3

Saprock 2.4

Bedrock 2.85

Nyafé / Filon 67 Oxide 2.4

Sulphide 2.8

Fofina Iron cap 2.3

Laterite 1.9

Saprolite 2.35

Saprock 2.6

Bedrock 2.87

Fobiri Iron cap 2.3

Laterite 1.9

Saprolite 2.35

Saprock 2.6

Bedrock 2.87

Deposit Mineralization

Type Density (t/m3)

Yaho Iron cap 2.3

Laterite 1.9

Oxide 2.35

Transition 2.6

Sulphide 2.87

Siou* Iron Cap 2.59

Laterite 2.59

Saprolite 2.59

Saprock 2.59

Bedrock 2.59

Maoula Iron cap 2.3

Saprolite 2.3

Saprock 2.4

Bedrock 2.85

1 Reference: NI 43-101 Technical Report, Mana Property, June 30, 2013.

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> > > 1 2 M O V I N G F O R W A R D

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MANA

1 3 M O V I N G F O R W A R D

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SEMAFO’S MOST IMPORTANT DISCOVERY

Reserves to a depth of ≈180 meters

Zone dips 45 to 60 degrees

Siou Sector thickness averages between 4 to 4.5 m

Open laterally and at depth

Located 15 km from Mana processing plant, within trucking distance

Minimally affected by variations in the price of gold

SIOU SECTOR

P&P reserves1: 4.8 Mt @ 4.94 g/t Au (769,300 oz)

Inferred resources1: 6.2 Mt @ 3.97 g/t Au (795,300 oz)

96% gold recovery (CIL)

SEMAFO’S MOST IMPORTANT DISCOVERY

M O V I N G F O R W A R D 1 4

(1) Estimates as at June 30, 2013

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Lixivation parameters used to conduct the test were similar to those

used in Mana’s CIL process

BBWI (Bond Ball Working Index) performed on various samples: Soft oxide mineralization of 7.1-11.5 kwk/t

Medium-hard mineralization of 14.0-16.8 kwk/t

Mineralized zones Description Total weight Head grades Recovery

kg g/t Au %

MSO South zone -oxidized 10 4.77 98

MSS South zone -sulphide 8 7.54 98

MNO North zone- oxidized 8 3.16 95

MNS North zone- sulphide 10 6.70 96

36 97TOTAL

SIOU: GOLD RECOVERY (STANDARD CIL PROCESS)1

1 Reference: NI 43-101 Technical Report, Mana Property, June 30, 2013, p. 39.

M O V I N G F O R W A R D 1 5

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MANA: PRODUCTION AND GUIDANCE COMBINING WONA-KONA, SIOU AND FOFINA PITS

M O V I N G F O R W A R D 1 6

2014 GUIDANCE

Including Wona-Kona, Siou

and Fofina

2013(1)

Ore processed (t) 2,494,100 2,834,500

Head grade (g/t) 3.0 2.0

Recovery (%) 90 86

Total gold ounces produced (K) 200-225 158.6

Total operating cost/tonne ($) ≈ 58 40

Total cash cost/ounce(2) ($) 695-745 790

(1) Numbers are preliminary and subject to final adjustment. SEMAFO anticipates releasing its Q4 2013 and year-end financial results on or about March 13, 2014. (2) Total cash cost per ounce is a non-IFRS financial performance measure with no standard definition under IFRS and represents the mining operation expenses and government

royalties per ounce sold.

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MANA: 2014 PRODUCTION GUIDANCE

Total 2014

Tonnes of Rock (t) 33,656,000

Stripping (t) 10,082,800

Total Strip 13.3

Waste Extracted (t) 21,215,700

Ore Extracted (t) 2,357,500

Operational Strip 9.0

Ore processed (t) 2,494,100

Average Grade (g/t) 3.0

Recovery (%) 90

Production (oz) 200,000-225,000

M O V I N G F O R W A R D 1 7

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2014 production guidance: 200,000 – 225,000 oz

Total cash cost(1): $695 – $745 per ounce

All-in sustaining cost(2): $840 – $890 per ounce

Estimated CAPEX (in millions of $)

Sustaining Capital – 2014 10.1

Stripping Costs 12.1

Sustaining Capital – 2013 Deferred 8.4

Total Sustaining Capital Expenditures 30.6

Siou Development* 12.4

Fofina Development* 5.5

Total Growth Capital Expenditures 17.9

MANA: 2014 ESTIMATED CAPEX

AND PRODUCTION GUIDANCE

M O V I N G F O R W A R D 1 8

(1) Total cash cost per ounce is a non-IFRS financial performance measure with no standard definition under IFRS and

represents the mining operation expenses and government royalties per ounce sold. (2) All-in sustaining cost is a non-IFRS financial performance measure with no standard definition under IFRS and represents

the total cash cost, plus sustainable capital expenditures and pre-stripping costs per ounce.

* Includes initial pre-stripping.

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SIOU DEVELOPMENT

M O V I N G F O R W A R D 1 9

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SIOU DEVELOPMENT

M O V I N G F O R W A R D 2 0

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SIOU DEVELOPMENT

M O V I N G F O R W A R D 2 1

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>

>

EXPLORATION

M O V I N G F O R W A R D 2 2

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909 770

2,160 1,985 1,8612,389

1,021 1,582

1,126

2,790 3,0172,446

508

909

2,678

2,082 1,8671,447

2008 2009 2010 2011 2012

55%

32%

10%

MANA: EXPLORATION SUCCESS MANA: EXPLORATION SUCCESS

M O V I N G F O R W A R D 2 3

RESERVES & RESOURCES (Moz) (As at December 31)

Reserves: 28% increase*

Grade: 20% increase*

Reserves estimated @ $1,300/oz

Resources estimated @ $1,600/oz

Reserves estimated @ $1,100/oz

Resources estimated @ $1,400/oz

June 30,

2013

2008 2009 2010 2011 2012

Inferred Resources

Measured & Indicated Resources

Proven & Probable Reserves * Compared to December 31, 2012

Note: All mineral resources are exclusive of mineral reserves

Fofina

2.8 Mt @ 2.68 g/t Au

Siou

4.8 Mt @ 4.94 g/t Au

Wona-Kona

18.8 Mt @ 2.19 g/t Au

RESERVES (P&P)

26.8 Mt @ 2.77g/t Au

2.4 Moz

1,324,500 oz

769,300 oz

237,700 oz

FOCUS ON

QUALITY OUNCES

2010: Fofina, Fobiri 2012: Siou 2011: Yaho Discoveries

0.9

1.0

0.5

0.8

1.6

0.9

2.2

1.1

2.7

2.0

2.8

2.1

1.9

3.0

1.9

2.4

2.4

1.4

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> M O V I N G F O R W A R D 2 4 *All mineral resources are exclusive of mineral reserves.

*

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20-km radius from the plant

Mana processing plant

Siou Sector

Reserves:

4,842,900 mt @ 4.94 g/t Au

769,300 oz

Inferred Resources:

6,227,600 @ 3,97 g/t Au

795,300 oz

Fofina Zone

Reserves:

2,757,100 mt @ 2.68 g/t Au

237,700 oz

MANA: PRIORITY FOR GROWTH – SIOU

Wona-Kona Zone

Reserves:

18,832,200 mt @ 2.19 g/t Au

1,324,500 oz

M O V I N G F O R W A R D 2 5

Note: All mineral resources are exclusive of mineral reserves

AS AT JUNE 30, 2013

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Property Permit Holder Km2 Emission

Date Expiry Date Province Notes

Wona-Nyafé - Mining

SEMAFO Burkina Faso S.A. 103.10 Mar. 20, 2007 Mar. 19, 2027

Balé and Mouhoun

Mining Permit-90% subsidiary of SEMAFO

Mana Ouest Mana Minéral S.A. 163.53 Oct. 10, 2005 Oct. 10, 2014 Balé Exploration Permit

Mana Est Mana Minéral S.A. 180.80 Oct. 19,2005 Oct. 19, 2014 Balé Exploration Permit

Fobiri II Mana Minéral S.A. 220.10 Jan. 5, 2009 Jan. 5, 2015 Balé Exploration Permit

Kona-Blé Mana Minéral S.A. 96.46 Jan. 18, 2011 Jan. 18, 2014 Mouhoun Exploration Permit

Bombouela Mana Minéral S.A. 250.00 Aug. 8, 2002 Aug. 8, 2014 Mouhoun Exploration Permit, Exceptional

renewal

Bara Mana Minéral S.A. 172.56 Oct. 10,2005 Oct. 10, 2014 Mouhoun Exploration Permit

Oula Mana Minéral S.A. 194.11 Oct. 27,2003 Oct. 27,2015 Mouhoun Exploration Permit, Exceptional

renewal

Bombouela

Nord Mana Minéral S.A. 115.45 Dec. 30, 2010 Dec. 30, 2013 Mouhoun Exploration Permit

Massala Mana Minéral S.A. 187.20 Apr. 24, 2003 Apr. 24, 2015 Nayala Exploration Permit, Exceptional

renewal

Saoura Mana Minéral S.A. 247.48 Apr. 15, 2010 Apr. 15, 2016 Nayala Exploration Permit

Bladi Ressources Tangayen

S.A. 99.50 Nov. 20, 2012 Nov. 20, 2015 Mouhoun Exploration Permit-100% subsidiary

of SEMAFO

MANA: LIST OF EXPLORATION AND MINING PERMITS1

2 6 M O V I N G F O R W A R D

1 Source: Advanced Technical Report NI 43-10, Mana Property, Burkina Faso Resreves and Resources Update as at June 30, 2013, filed on October 4, 2014.

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MANA: KOKOI TREND

2 7

Taoudenni Sediments

Undifferentiated Sediments

Mineralized Zone

Wackes

Andesite

Mafic Volcanics

Tonalite/Granodiorite

Contact

M O V I N G F O R W A R D

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MANA: SIOU SECTOR – CROSS SECTION MANA: SIOU SECTOR – CROSS SECTION

2 8 M O V I N G F O R W A R D

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SIOU SECTOR: RESERVES & RESOURCES

2 9

AS AT JUNE 30, 2013

M O V I N G F O R W A R D

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REGIONAL GEOLOGY – MANA PROJECT

M O V I N G F O R W A R D 3 0

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MANA: SOIL GEOCHEMISTRY – BOUNA EAST BLOCK

M O V I N G F O R W A R D 3 1

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>

2014 EXPLORATION PROGRAM

M O V I N G F O R W A R D 3 2

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SOMMAIRE – BUDGET D’EXPLORATION - CAMPAGNE 2014 MANA: 2013 EXPLORATION PROGRAM

Drilling Number of Holes Total Meters

Core 139 23,850

RC 961 106,980

Auger 19,215 209,700

Soil Sampling 15,500 Samples

2013 Investment ≈ $22 million

M O V I N G F O R W A R D 3 3

(1) Numbers are preliminary and subject to final adjustment. SEMAFO anticipates releasing its Q4 2013 and year-end financial results on or about March 12, 2014.

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SIOU SECTOR - TARGETS

M O V I N G F O R W A R D 3 4

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2013 Auger Drilling Program

2014 Auger Drilling Program

MANA: AUGER DRILLING PROGRAMS

M O V I N G F O R W A R D 3 5

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MANA: 2014 RC AND DD DRILLING

33,000 m of core drilling, definition

and exploration on Siou deposit

103,000 m of RC drilling, exploration

proximal to the Siou intrusive Siou intrusive

M O V I N G F O R W A R D 3 6

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>

2014 EXPLORATION BUDGET

M O V I N G F O R W A R D 3 7

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SOMMAIRE – BUDGET D’EXPLORATION - CAMPAGNE 2014 MANA: 2014 INITIAL EXPLORATION PROGRAM

Drilling Number of Drills Total meters

Core 2 to 4 33,000

RC 1 to 4 103,000

Auger 6 290,000

Soil Sampling 8,400 Samples

2014 Initial Exploration Budget: $18 million

M O V I N G F O R W A R D 3 8

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APPENDIX

M O V I N G F O R W A R D

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HISTORY OF MANA 1995 SEMAFO founded

1998 Identified Mana Target

1998-2003 Work led to the discovery of the Nyafe (Nov. 1999) and Wona deposit. It included

stream sediment and soil sampling, lithogeochemistry, trenches, IP, RC and DDH.

2004 Initiated formal feasibility study

2006 Conducted environmental impact study

2006 Genivar was awarded the engineering and construction management contract for

Mana

Feb. 2007 Government of Burkina Faso issued the Mana mining permit

Feb. 2008 Plant start-up with 2,000 tpd ball mill

Mar. 2008 First gold pour at Mana (March 31)

Apr. 2008 Commercial production began (April 1)

Jul. 2008 Commissioning of 4,000 tpd ball mill

Jun. 2008 Extension of Wona NE deposit

Jun. 2008 First full quarter of production at Mana: 17,200 ounces (June 30)

Aug. 2008 Extension of Wona NE deposit

Sept. 2008 Second full quarter of production at Mana: 26,800 ounces (Sept. 30)

May 2009 Solar power and power grid hookup agreement with government of Burkina Faso

Jun. 2009 Extension of Wona NE deposit

Jun. 2009 55% increase in resources at Mana (as at Dec. 31, 2008)

2009 Mana’s first full year of production: 153,500 oz

Jan. 2010 SEMAFO initiated pre-feasibility and feasibility studies of Wona Deep mineralization

Jan. 2010 Identified new gold zones at Mana – Wona mineralization over 5 km

Feb. 2010 Identified new surface targets: Fofina and Fobiri

Mar. 2010 Completed Phase I of plant expansion: 6,000 tpd in saprolite

Apr. 2010 Auger drilling generated more than 9.5 kms of new targets at Mana

Apr. 2010 Drilling confirmed gold-bearing Wona SW and Kona zones

May 2010 Further expanded Kona zone – new exploration Saoura permit extended structural

corridor to 115 kms

Jun. 2010 Discovered Fofina gold zone

Jun. 2010 125% increase in reserves at Mana

Jul. 2010 Auger drilling continued to generate priority targets

Jul, 2010 Completed Phase II of plant expansion: SAG mill, 6,000 tpd in bedrock

Aug. 2010 Fofina drill results confirmed continuity of the zone – discovered Fobiri zone

Sept. 2010 Kona drill results confirmed continuity of the zone

Sept. 2010 Commenced airborne geophysical survey

Dec. 2010 Fofina drill results continued to return high grades

Dec. 2010 Successful completion of Phase III of Mana plant expansion: optimize gold

recovery

Feb. 2011 Announced Phase IV plant expansion: increase capacity to attain up to 8,000 tpd

in blended ore

Mar. 2011 Discovered Yaho zone

Mar. 2011 Completed underground feasibility study

May 2011 Further Expanded Wona SW Zone and Confirmed Kona ore distribution

July 2011 Consistent values and widths confirmed Fofina high-grade mineralization

Oct. 2011 Agreement with Sonabel to build high-voltage transmission line to Mana

Oct. 2011 Further Expanded Wona SW Deep Zone

Oct. 2011 Infill drilling confirmed Kona zone high-grade mineralization

Nov. 2011 Yaho zone drilling confirmed wide gold mineralization

Feb. 2012 Drilling results at Fofina continued to return high grades

Feb. 2012 Received new Kona II permit

Mar. 2012 On-site exploration laboratory began operations

Mar. 2012 Auger drilling identified six important trends, including Kokoi

May 2012 Evaluation of potential to improve Wona-Kona project economics

May 2012 Drill results further expanded Wona-Kona deposit

Jul. 2012 Decision taken to retain open-pit mining scenario at Wona-Kona

Jul. 2012 Completed Phase IV of plant expansion: SAG mill, 8,000 tpd in blended ore

Aug. 2012 Discovered high-grade Siou zone

Nov. 2012 Drill results confirmed continuity of high-grade Siou zone

Jan. 2013 Metallurgical tests revealed over 95% recover rates on Siou test samples

Feb. 2013 Delineation drilling results reported near-surface high grades at Siou and Nine

zones

Feb. 2013 Announced one million initial in-pit inferred resources at Siou (6.7 mt @

4.62 g/t Au)

Mar. 2013 Deep drilling opened south extension potential at Siou

May 2013 Delineation drilling confirmed Siou mineralization and extension

Aug. 2013 Delineation drilling extended Siou mineralization

Sept. 2013 Siou added 769,300 ounces at 4.94 g/t Au to gold reserves (as at June 30, 2013)

– Mana’s gold reserves increased 28% to 2.4 million ounces

Dec. 2013 Soil sampling program identified new priority drill targets within Kokoi shear zone

M O V I N G F O R W A R D 4 0

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BURKINA FASO* Background:

Burkina Faso (formerly Upper Volta) achieved independence from France in 1960.

Repeated military coups during the 1970s and 1980s were followed by multiparty elections

in the early 1990s. Current President Blaise COMPAORE came to power in a 1987 military

coup and has won every election since then. Burkina Faso's high population density and

limited natural resources result in poor economic prospects for the majority of its citizens.

Geography: BURKINA FASO

Location: Western Africa, north of Ghana

Geographic coordinates: 13 00 N, 2 00 W

Map references: Africa

Area:

Total: 274,200 sq km

Country comparison to the world: 75

Land: 273,800 sq km

Water: 400 sq km

Area - comparative: slightly larger than Colorado

Land boundaries:

Total: 3,193 km

Border countries: Benin 306 km, Cote d'Ivoire 584 km, Ghana 549 km, Mali 1,000 km,

Niger 628 km, Togo 126 km

Coastline:

0 km (landlocked)

Maritime claims:

none (landlocked)

Climate: tropical; warm, dry winters; hot, wet summers

Terrain: mostly flat to dissected, undulating plains; hills in west and southeast

*Source: Central Intelligence Agency, World Factbook

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BURKINA FASO* Geography: BURKINA FASO (Continued)

Elevation extremes: lowest point: Mouhoun (Black Volta) River

200 m; highest point: Tena Kourou 749 m

Natural resources: manganese, limestone, marble; small

deposits of gold, phosphates, pumice, salt

Land use:

Arable land: 20.79%, permanent crops: 0.24%, other: 78.98%

(2011), irrigated land: 250 sq km (2003)

Total renewable water resources: 12.5 cu km (2011)

Freshwater withdrawal (domestic/industrial/agricultural):

Total: 0.72 cu km/yr (46%/3%/51%)

Per capita: 54.99 cu m/yr (2005)

Natural hazards: recurring droughts

Environment - current issues:

Recent droughts and desertification severely affecting

agricultural activities, population distribution, and the economy;

overgrazing; soil degradation; deforestation

Environment - international agreements: Party to:

Biodiversity, Climate Change, Climate Change-Kyoto Protocol,

Desertification, Endangered Species, Hazardous Wastes, Law

of the Sea, Marine Life Conservation, Ozone Layer Protection,

Wetlands

signed, but not ratified: none of the selected agreements

Geography - note: landlocked savanna cut by the three

principal rivers of the Black, Red, and White Voltas

People and Society: BURKINA FASO

Nationality:

Noun: Burkinabe (singular and plural)

Adjective: Burkinabe

Ethnic groups: Mossi over 40%, other approximately 60%

(includes Gurunsi, Senufo, Lobi, Bobo, Mande, and Fulani)

Languages: French (official), native African languages

belonging to Sudanic family spoken by 90% of the population

Religions: Muslim 60.5%, Catholic 19%, animist 15.3%,

Protestant 4.2%, other 0.6%, none 0.4%

Population: 17,812,961 (July 2013 est.)

Country comparison to the world: 61

Note: estimates for this country explicitly take into account the

effects of excess mortality due to AIDS; this can result in lower

life expectancy, higher infant mortality, higher death rates, lower

population growth rates, and changes in the distribution of

population by age and sex than would otherwise be expected

Age structure:

0-14 years: 45.5% (male 4,062,522/female 4,044,548)

15-24 years: 20% (male 1,794,740/female 1,775,072)

25-54 years: 28.9% (male 2,608,676/female 2,532,406)

55-64 years: 3.1% (male 229,202/female 324,921)

65 years and over: 2.5% (male 168,099/female 272,775) (2013

est.)

*Source: Central Intelligence Agency, World Factbook

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BURKINA FASO* People and Society: BURKINA FASO (Continued)

Median age:

Total: 17 years

Male: 16.8 years

Female: 17.1 years (2013 est.)

Population growth rate: 3.06% (2013 est.)

Country comparison to the world: 8

Urbanization:

Urban population: 26.5% of total population (2011)

Rate of urbanization: 6.02% annual rate of change (2010-15 est.)

Major urban areas - population: OUAGADOUGOU (capital)

2.053 million (2011)

Government: BURKINA FASO

Country name:

Conventional long form: none

Conventional short form: Burkina Faso

Local long form: none

Local short form: Burkina Faso

Former: Upper Volta, Republic of Upper Volta

Government type: parliamentary republic

Capital:

Name: Ouagadougou

Geographic coordinates: 12 22 N, 1 31 W

Time difference: UTC 0 (5 hours ahead of Washington, DC

during Standard Time)

Administrative divisions: 13 regions; Boucle du Mouhoun,

Cascades, Centre, Centre-Est, Centre-Nord, Centre-Ouest,

Centre-Sud, Est, Hauts-Bassins, Nord, Plateau-Central, Sahel,

Sud-Ouest

Independence: 5 August 1960 (from France)

National holiday:

Republic Day, 11 December (1958); note - commemorates the

day that Upper Volta became an autonomous republic in the

French Community

Constitution: several previous; latest approved by referendum 2

June 1991, adopted 11 June 1991; amended several times, last

in 2012 (2012)

Legal system: civil law based on the French model and

customary law

International law organization participation: has not submitted

an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Suffrage: 18 years of age; universal

Executive branch:

Chief of state: President Blaise COMPAORE (since 15 October

1987)

Head of government: Prime Minister Luc-Adolphe TIAO (since 18

April 2011)

*Source: Central Intelligence Agency, World Factbook

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BURKINA FASO* Economy: Overview

Burkina Faso is a poor, landlocked country that relies heavily

on cotton and gold exports for revenue. The country has few

natural resources and a weak industrial base. About 90% of

the population is engaged in subsistence agriculture, which is

vulnerable to periodic drought. Cotton is the main cash crop.

Since 1998, Burkina Faso has embarked upon a gradual

privatization of state-owned enterprises and in 2004 revised its

investment code to attract foreign investment. As a result of

this new code and other legislation favoring the mining sector,

the country has seen an upswing in gold exploration and

production. By 2010, gold had become the main source of

export revenue. Gold mining production doubled between 2009

and 2010. Two new mining projects were launched in the third

quarter of 2011. Local community conflict persists in the mining

and cotton sectors, but the Prime Minister has made efforts to

defuse some of the economic cause of public discontent,

including announcing income tax reductions, reparations for

looting victims, and subsidies for basic food items and fertilizer.

An IMF mission to Burkina Faso in October 2011 expressed

general satisfaction with the measures. The risk of a mass

exodus of the 3 to 4 million Burkinabe who live and work in

Cote d'Ivoire has dissipated, and trade, power, and transport

links are being restored. Burkina Faso experienced a severe

drought in 2011, which decimated grazing land and decreased

harvests, creating food insecurity and damaging the country's

agricultural base.

GDP - real growth rate: 9% (2012 est.)

Country comparison to the world: 12

5% (2011 est.)

8.4% (2010 est.)

GDP - composition, by sector of origin:

Agriculture: 34.1%

Industry: 23.7%

Services: 42.2% (2012 est.)

Agriculture - products: cotton, peanuts, shea nuts, sesame,

sorghum, millet, corn, rice; livestock

Industries: cotton lint, beverages, agricultural processing,

soap, cigarettes, textiles, gold

Industrial production growth rate: 6.5% (2012 est.)

Country comparison to the world: 37

Labor force: 6.668 million

Country comparison to the world: 65

Note: a large part of the male labor force migrates annually to

neighboring countries for seasonal employment (2007)

Labor force - by occupation:

Agriculture: 90%

industry and services: 10% (2000 est.)

Exports: $2.746 billion (2012 est.)

Country comparison to the world: 133

$2.394 billion (2011 est.)

Exports - commodities: gold, cotton, livestock

Reserves of foreign exchange and gold:

$1.025 billion (31 December 2012 est.)

Country comparison to the world: 132

$957 million (31 December 2011 est.)

*Source: Central Intelligence Agency, World Factbook


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