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Burundi

 

Wedged between Tanzania, the Democratic Republic of the Congo, and Rwanda in east-central Africa, Burundi occupies a high plateau divided by several deep valleys. It is equal in size to Maryland.

 

History

The original inhabitants of Burundi were the Twa, a Pygmy people who now make up only 1% of the population. Today the population is divided between the Hutu (approximately 85%) and the Tutsi, approximately 14%. While the Hutu and Tutsi are considered to be two separate ethnic groups, scholars point out that they speak the same language, have a history of intermarriage, and share many cultural characteristics. Traditionally, the differences between the two groups were occupational rather than ethnic. Agricultural people were considered Hutu, while the cattle-owning elite were identified as Tutsi. In theory, Tutsi were tall and thin, while Hutu were short and square, but in fact it is often impossible to tell one from the other. The 1933 requirement by the Belgians that everyone carry an identity card indicating tribal ethnicity as Tutsi or Hutu increased the distinction. Since independence, the landowning Tutsi aristocracy has dominated Burundi.

Burundi was once part of German East Africa. Belgium won a League of Nations mandate in 1923, and subsequently Burundi, with Rwanda, was transferred to the status of a United Nations trust territory. In 1962, Burundi gained independence and became a kingdom under Mwami Mwambutsa IV, a Tutsi. A Hutu rebellion took place in 1965, leading to brutal Tutsi retaliations. Mwambutsa was deposed by his son, Ntaré V, in 1966. Ntaré in turn was overthrown the same year in a military coup by Premier Michel Micombero, also a Tutsi. In 1970–1971, a civil war erupted, leaving more than 100,000 Hutu dead.

On Nov. 1, 1976, Lt. Col. Jean-Baptiste Bagaza led a coup and assumed the presidency. He suspended the constitution and announced that a 30-member Supreme Revolutionary Council would be the governing body. In Sept. 1987, Bagaza was overthrown by Maj. Pierre Buyoya, who became president. Ethnic hatred again flared in Aug. 1988, and about 20,000 Hutu were slaughtered. Buyoya, however, began reforms to heal the country's ethnic rift. The Burundi Democracy Front's candidate, Melchior Ndadaye, won the country's first democratic presidential elections, held on June 2, 1993. Ndadaye, the first Hutu to assume power in Burundi, was killed within months during a coup. The second Hutu president, Cyprien Ntaryamira, was killed on April 6, 1994, when a plane carrying him and the Rwandan president was shot down. As a result, Hutu youth gangs began massacring Tutsi; the Tutsi-controlled army retaliated by killing Hutus.

 

Info

National name: Republika y'u Burundi

 

Languages: Kirundi and French (official), Swahili

 

Ethnicity/race: Hutu (Bantu) 85%, Tutsi (Hamitic) 14%, Twa (Pygmy) 1%

National Holiday: Independence Day, July 1

 

Religions: Roman Catholic 62%, indigenous 23%, Islam 10%, Protestant 5%

 

Literacy rate: 59.3% (2011 est.)

 

Economic summary: GDP/PPP (2011 est.): $3.672 billion; per capita $400. Real growth rate: 4.2%. Inflation: 9%. Unemployment: n.a. Arable land: 35%.

 

Agriculture: coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, manioc (tapioca); beef, milk, hides. Labor force: 4.245 million (2011); agriculture 93.6%, industry 2.3%, services 4.1% (2002 est.).

 

Industries: light consumer goods such as blankets, shoes, soap; assembly of imported components; public works construction; food processing. Natural resources: nickel, uranium, rare earth oxides, peat, cobalt, copper, platinum (not yet exploited), vanadium, arable land, hydropower, niobium, tantalum, gold, tin, tungsten, kaolin, limestone. Exports: $106.7 million f.o.b. (2011 est.): coffee, tea, sugar, cotton, hides. Imports: $543 million f.o.b. (2011 est.): capital goods, petroleum products, foodstuffs. Major trading partners: Germany, Belgium, Pakistan, U.S., Rwanda, Kenya, Tanzania, France, Italy, Uganda, Japan (2004).

 

Communications: Telephones: main lines in use: 32,600 (2011);

 

mobile cellular: 1,980,000 (2011). Radio broadcast stations: AM 0, FM 4, shortwave 1 (2001). Television broadcast stations: 1 (2001). Internet hosts: 236 (2011). Internet users: 157,800 (2011).

 

Transportation: Railways: 0 km. Highways: total: 12,322 km; paved: (2011 est.). Waterways: mainly on Lake Tanganyika (2004). Ports and harbors: Bujumbura. Airports: 8 (2011).

 

First Contact

The Bank of your projects

 

The National Bank for Economic Development “BNDE” is a mixed company having its Head Office in Bujumbura - Burundi. Its authorized capital is BIF 6 190 100 000 means approximately Euros 3 000 000.

 

Its Shareholders are the State of Burundi which is majority with 40% of the capital and some others from different sectors notably the French Agency of Development, the European Investment Bank and the Directorate General for Development Co-operation and the Humanitarian Aid of the Kingdom of Belgium. The vision of the BNDE is to be a privileged instrument of financing of the productive projects of development, a key actor of the economic revival and reduction of poverty in Burundi.

 

Its mission is to contribute to the economic and social development of Burundi.

 

La Banque offre une gamme de produits à sa clientèle. Elle accorde des crédits dans les secteurs comme :

 

 L’Agriculture et l’élevage ;
 

 L’Industrie et l’agro- industrie ;
 

 Les Services ;
 

 L’Artisanat ;
 

 Le Tourisme ;
 

 L’Immobilier ;
 

 La santé et l’éducation ;
 

 Le Refinancement des Institutions de Microfinance

 

 

© 2023 by Success Consulting.

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