Burkina Faso’s Terra Biga Funds Projects Through Digital “Tontine”

In Burkina Faso, entrepreneur Batiana Nacro launched Terra Biga in 2024, a digital platform enabling collective funding for community projects and discounted bulk purchases. The platform functions like a modern “tontine,” a traditional savings and credit association, but utilizes digital technology to increase robustness and reach. Terra Biga currently collaborates with the United Nations Development Programme and architect Francis Kéré to fund a maternity ward in eastern Burkina Faso, a project requiring approximately 60,000 euros.

The startup earns revenue by taking a 6% commission on funds raised or charging project listing fees. Nacro emphasizes that Terra Biga prioritizes partnerships with established organizations to ensure funds are allocated responsibly and projects receive adequate oversight. Beyond crowdfunding, the platform also facilitates group buying, allowing communities to secure lower prices on essential goods like school kits and generators.

Orange Digital Center supports Terra Biga, aiming to integrate it into their “Max it” super-app, potentially reaching 25 million customers. Senegalese entrepreneur Aïssatou Fall is currently using Terra Biga to fund her online ticketing application, BPM.