TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment
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 […]
Burkina Faso’s Exports Surge 25.1% in 2024
Total exports reached $4.7 billion, driven by gold, cotton, and cashew sales. Imports rose 4.6%, narrowing the trade deficit to $670 million. Ouagadougou, Burkina Faso – Burkina Faso recorded total exports of 2,983.8 billion CFA Francs ($4.7 billion) in November 2024, a 25.1% year-on-year increase, the General Directorate of Economy and Planning (DGEP) announced Wednesday.