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

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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.

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