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SEMAFO Foundation—Annual Report 2015-2016 1 SEMAFO Foundation Is a Key Economic Player That Places People and Social Development at the Heart of Its Activities

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SEMAFO Foundation—Annual Report 2015-2016 1 SEMAFO Foundation Is a Key Economic Player That Places People and Social Development at the Heart of Its Activities SEMAFO Foundation—Annual Report 2015-2016 1 SEMAFO Foundation Is a key economic player that places people and social development at the heart of its activities. Who we are ............................................................................................... 4 Message from the board .......................................................................... 5 Sectors of intervention in Burkina Faso .................................................. 7 Boucle du Mouhoun region ...................................................................... 8 Est Region ............................................................................................... 10 Projects per village as of 2009 .............................................................. 12 This year’s achievements ....................................................................... 14 Some figures ........................................................................................... 15 Our investments this year ...................................................................... 16 Financial report ....................................................................................... 17 Education and training ........................................................................... 18 Agriculture and sustainable development............................................. 22 Support for the population and for production ..................................... 26 Health ...................................................................................................... 29 2016-2017 Commitments ..................................................................... 32 Our partners ............................................................................................ 33 Financial statements .............................................................................. 34 2 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 3 Who we are MESSAGE from the President of the Board and from the General Manager The SEMAFO Foundation is a charitable As of January 1, 2016, our actions are aligned towards achievement The challenges posed by sustainable development are numerous because organisation focused on helping West of the Sustainable Development Goals (SDGs) outlined by the General the targeted goals address everyday considerations such as climate and political changes, absence of international capital investment, weak African countries, specifically communities Assembly of the United Nations in September 2015. Although our in Burkina Faso in the fight against poverty. exports, population growth, lack of access to education and health care, as activities relate to a number of the 17 target goals, we primary work on well as brain drain. 6 goals: Inspired by the United Nations’ Sustainable In 2016, in sub-Saharan Africa, about 40% of the population subsist on less Development Goals (SDGs) (2016-2030), than US$1.90 per day. More than 790 million adults do not have access to Benoit Desormeaux the Foundation directs its activities to adequate food. To meet the new Sustainable Development Goals (SDGs) by President, CPA, CA where the need is greatest. SDG 1 2030, we need to work in partnership in order to develop a common NO POVERTY intervention strategy. SDG 5 GENDER EQUALITY To this end, to secure revenue-generating activities such as the production of sesame, honey and shea-based products, we worked with local partners and identified buyers in international markets. We also supported a poultry- raising program for a women’s group and recruited an extra person for the SDG 2 Est region who will support the population in implementing new sustainable ZERO HUNGER development projects. SDG 6 Chantal Guérin CLEAN WATER AND General Manager, MBA SANITATION To promote access to education, we built 10 classrooms and 20 latrines in addition to installing five freshwater boreholes. The 10,000 school kits distributed to 28 schools were greatly appreciated by children and parents. SDG 4 We invite you to read this report to learn more about the Foundation’s QUALITY EDUCATION SDG 17 accomplishments this year. Just imagine what we could achieve together! PARNERSHIPS FOR “To change the future, THE GOALS We would like to extend a big thank-you to ongoing supporters of the you have to change the present. Our mission Foundation’s activities. We also thank our staff and partners, all of whom Our mission is to support communities and offer an improved quality of life, help us work towards the SDGs. Thank you for sharing our concerns with And, the future truly begins regard to a better allocation of resources. notably in the regions where SEMAFO or one of its subsidiaries is present. We through a triumphant hope to influence change through our actions, our investments in community development projects and through education. commitment to the present.” Our employees Our team of 10 persons (Burkina Faso (7), Montreal (3)) works together in de- (Stuart Avery Gold) veloping and supporting our projects in Burkina Faso. Our donors Financial donations allow the Foundation to implement its sustainable development activities in multiple communities in Burkina Faso. Donations come from across the world, but especially from Canada. Thanks to the dona- tions, the Foundation was able to implement infrastructure development and BOARD OF DIRECTORS revenue-generating projects (shea products, sesame, beekeeping and agricul- ture), all of which directly improve the quality of life of the Foundation’s benefi- ciaries. Our zones of intervention Since 2008, the Foundation has been operating in West Africa, particularly in Burkina Faso and in Niger. In July 2015, the Foundation discontinued its activi- ties in Niger and transferred its assets to Larassu, an NGO set up by its Nigeri- an employees. The cumulative data as of 2008 in this report therefore include Benoit Desormeaux Francine Sauriol Nora Farah Sébastien Beauchamp Jean Lamarre Elie Justin Ouedraogo Chantal Guérin those from Niger unless otherwise noted. President Vice-president Secretary and Treasurer Director Director Director General Manager 4 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 5 Sectors of Intervention in Burkina Faso 762,400 people impacted by our We’re Here SEMAFO Foundation’s main intervention as of 2009 sectors of intervention in Burkina Faso are the Boucle du Mouhoun 130 cities and villages affected region in the northwest, including the provinces of Mouhoun and Balé; and the province of Tapoa in 11 out of 13 regions reached the Est region. 6 SEMAFOFondation Foundation SEMAFO——RapportAnnual annuelReport 20152015--20162016 SEMAFOSEMAFO Foundation Foundation —— Annual Report 2015-2016 7 The Boucle du Mouhoun region has a population of 1,874,236 inhabitants spread between 7 provinces. SEMAFO Foundation primarily operates in the provinces of Mouhoun and Balé, which have 319,249 (2009) and Region of Boucle du Mouhoun 243,059 (2011) inhabitants, respectively. Source: Burkina Faso National Institute of Statistics and Demography (INSD) 104 towns and villages impacted in this sector Legend: Towns and villages supported 8 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 9 SEMAFO Foundation began outreach activities in this area in 2015. The Est region has a population of 1,647,056 inhabitants (2014) spread between 5 provinces. The province of Tapoa where we primarily Est Region operate is home to 341,782 inhabitants (2006) living in 183 villages. 13 towns and villages impacted in this sector Source: Burkina Faso National Institute of Statistics and Demography (INSD) Legend: Towns and villages supported 10 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 11 Legend: * Total number of librairies constructed and refurbished, ** 1,502,424 items (donations) were distributed, *** 60,962 school kits Invested in charitable projects were distributed, **** 1 000 subsidized Total Awango S-300 solar lamps were distributed, ***** 3,265 S-10 portable solar lamps $8,630,012 (FCFA 3,922,732,727) 12 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 13 Our Achievements Facts and Figures this year Beekeeping, shea products and sesame Increase of From the beginning of these three 1,215 % projects until June 30, 2016: In the area under sesame cultivation that Infrastructure we supervise JUNE 2010 JUNE 2016 $4,398,481 10 4 733 TONNES Classrooms built TONNES The area includes (FCFA 2 027 388 499) 42 villages JUNE 2010 JUNE 2016 within 6 communes. INCOME GENERATED 6 282 3,427 Freshwater HECTARES HECTARES boreholes Projects 20 Latrines $728,470 (FCFA 331,122,727) Income generated by beneficiaries of our projects in Burkina Faso 3,441 DIRECT PARTICIPANTS with a Investment % Increase 12.5 in participation School kits $1,103,735 (FCFA 501,697,727) Amount invested in charitable projects 10,204 School kits distributed Farmer Awa Yé and her son during the sesame harvest at Koana 14 SEMAFO Foundation—Annual Report 2015-2016 SEMAFO Foundation—Annual Report 2015-2016 15 Balance Sheet Charitable expense breakdown* Boucle du Mouhoun Est Total expense INVESTMENT CAD$ FCFA CAD$ FCFA CAD$ FCFA Education 346,137 154,496,822 66,343 30,461,264 412,480 184,958,086 Agriculture and revenue-generating activities 127,310 56,308,993 - - 127,310 56,308,993 Health 20,209 9,144,575 - - 20,209 9,144,575 Community and production support 124,252 55,447,050 103,755 46,849,904 228,007 102,296,954 - Construction
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