after South Africa, Mali and Ghana.
Burkina Faso also hosts the International Art and Craft Fair, Ouagadougou, better known by its French name as SIAO, Le Salon International de l' Artisanat de Ouagadougou, one of the most important African handicraft fairs.
Burkina Faso is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).
While services remain underdeveloped, one state-owned utility company run along commercial lines is emerging as one of the best performing utility companies in Africa, the National Office for Water and Sanitation (ONEA). High levels of autonomy and a skilled and dedicated management has driven ONEA's ability to improve production of and access to water. Since 2000, nearly 2 million more people have access to water in the four principal urban centres in the country while at the same time keeping the quality of infrastructure high (less than 18% of the water is lost through leaks – one of the lowest in sub-Saharan Africa), improving financial reporting and an average 12% annual revenue increase (well above inflation). Challenges remain, including some customers' ability to pay and a reliance on aid for the expansion of its infrastructure. However, the state-owned commercially run venture has helped lead Burkina Faso's Millennium Development Goal (MDG) targets in its water-related targets and grow as a viable company
