Burkina Faso approved the development of a site at Nagrin, in Ouagadougou, with 89 buildings holding 2,928 three- and four-room apartments, together with broadcast equipment for two stadiums, at a combined cost of 145.5bn FCFA (€222mn) from the 2026 budget, according to the official readout of the November 5 Council of Ministers. The national major-projects bureau BN-GPB runs the projects.
Analysis: The readout does not split the cost between the housing and the stadium equipment, so the price per apartment is unknown. If almost all of the money went to housing, each unit would cost up to about 49.7mn FCFA (€75.7k), by our calculation. The scheme has nearly eight times as many apartments as the 372-unit Silmiougou estate approved on October 22. Its cost equals about 9% of the revised 2026 capital budget of 1.6tn FCFA (€2.45bn). Contractors and cement and steel suppliers are likely to benefit most directly. No schedule, sale price or tender date has been published.
Source: Gouvernement du Burkina Faso, republished by Burkina24, Compte rendu du Conseil des ministres du jeudi 5 novembre 2026 (official readout, published by Burkina24), Approved 5 Nov 2026; Gouvernement du Burkina Faso, republished by Burkina24, Compte rendu du Conseil des ministres du jeudi 22 octobre 2026 (via Burkina24), Approved 22 Oct 2026; Lefaso.net (online press), Lefaso.net report on the loi de finances rectificative 2026 (September 23, 2026), FY2026