Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment

Allen dreyfus Logo
© Allen Dreyfus

Zombre Oumar

Zombre Oumar delivers stories through award-winning investigative reporting.
  • French energy giant transfers operations to Burkinabè businessman Nassa Idrissa
  • Move follows earlier asset sale in Mali amid shifting geopolitical landscape

Ouagadougou, Burkina Faso – TotalEnergies has ended its more than seven-decade presence in Burkina Faso, selling its assets to Coris Investment Group, owned by Burkinabè businessman Nassa Idrissa. The sale marks a strategic expansion for Idrissa, founder of Coris Bank, Coris Assurance, and Coris Investment, as he enters the hydrocarbons sector.

You need an active subscription to continue reading this article.

Recent Business

George Elombi, Afreximbank president. Photo @ Afreximbank
Elombi takes helm at Afreximbank amid high stakes for Africa’s trade future
26/10/2025
1 hour ago
Kent Mensah
Read More »
Poor air links and tough visa rules are grounding Africa’s growth. Photo @ Unsplash
Africa’s broken skies: How poor air links cripple trade and tourism
24/10/2025
1 day ago
Kent Mensah
Read More »
Food prices drive up inflation. Photo by Kamran Chaudhry @ Unsplash
Morocco inflation edges up to 0.4% as food prices climb
24/10/2025
2 days ago
Justice Nwafor
Read More »
Stay ahead with Real time Updates

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
20/10/2025
6 days ago
Wanderi Kamau
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
20/10/2025
6 days ago
Vincent Nwanma
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
19/10/2025
1 week ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

George Elombi, Afreximbank president. Photo @ Afreximbank
Read More »
Elombi takes helm at Afreximbank amid high stakes for Africa’s trade future
Poor air links and tough visa rules are grounding Africa’s growth. Photo @ Unsplash
Read More »
Africa’s broken skies: How poor air links cripple trade and tourism
A mining site. Photo by Dominik Vanyi @ Unsplash
Read More »
Sibanye-Stillwater, Glencore strike chrome deal to boost South Africa mining
Major corridors in Africa are expected to link regional trade routes. Photo by Angelo Casto @ Unsplash
Read More »
DR Congo seeks $500mn World Bank loan to fund corridor project
Poor air links and tough visa rules are grounding Africa’s growth. Photo @ Unsplash
Read More »
Africa’s broken skies: How poor air links cripple trade and tourism
A mining site. Photo by Dominik Vanyi @ Unsplash
Read More »
Sibanye-Stillwater, Glencore strike chrome deal to boost South Africa mining
Major corridors in Africa are expected to link regional trade routes. Photo by Angelo Casto @ Unsplash
Read More »
DR Congo seeks $500mn World Bank loan to fund corridor project
Mine site Photo © Unsplash
Read More »
Atlantic Lithium seeks new funding to expand Côte d’Ivoire exploration
A mining site. Photo by Dominik Vanyi @ Unsplash
Read More »
Sibanye-Stillwater, Glencore strike chrome deal to boost South Africa mining
Major corridors in Africa are expected to link regional trade routes. Photo by Angelo Casto @ Unsplash
Read More »
DR Congo seeks $500mn World Bank loan to fund corridor project
Mine site Photo © Unsplash
Read More »
Atlantic Lithium seeks new funding to expand Côte d’Ivoire exploration
Food prices drive up inflation. Photo by Kamran Chaudhry @ Unsplash
Read More »
Morocco inflation edges up to 0.4% as food prices climb