AfDB approves €48,82 million for Desert to Power Yeleen programme to increase solar generation in Burkina Faso
The African Development Bank (AfDB) has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.
Greenlight Planet partners with African telcos to reach 600 million consumers without electricity access
Greenlight Planet, a player in the rapidly expanding pay-as-you-go (PAYG) solar industry has partnered with major telecom operators in Africa.
The United Nations Industrial Development Organization (UNIDO) will implement a project to eliminate mercury and improve the gold supply chain in the artisanal and small-scale gold mining (ASGM) sector in Burkina Faso.
Humanitarian agencies are setting up innovative climate risk insurance policies to protect up to 1.3 million people in West Africa from catastrophic drought.
Canadian-based gold mining and exploration Komet Resources Inc has entered into an agreement to sell all the issued and outstanding shares that it holds in the share capital of its subsidiaries in Burkina Faso.
LegAfrik has expanded the footprint of its legaltech service offerings in the Ohada region by opening an office in Ouagadougou, Burkina Faso, in partnership with the Mozcity Incubator.
Orange has partnered with KaiOS Technologies and UNISOC to launch Sanza, a $US 20 phone with voice recognition in 16 countries in Africa and the Middle-East.
Nexus Gold Corp has reported initial sampling results from the recently acquired, 100 per cent -owned, 98-sq km Dakouli 2 Gold Project.
Gold mining company Roxgold Inc.has announced completion of the Bagassi South Project in Burkina Faso under budget and on schedule.
Gold mining multinational Acacia Mining has signed a binding conditional agreement with its partner, Sarama Resources Ltd., to terminate the earn-in agreement for the South Houndé Project in south-western Burkina Faso.
The President of the European Commission, Jean-Claude Juncker, and the President of Burkina Faso, Roch Marc Christian Kaboré, have strengthened the cooperation and partnership between the two countries.
Burkinabe cashew processor Anatrans has welcomed social impact investor Oikocredit as a new shareholder, in a transaction that saw Dutch headquartered Oikocredit make a € 2 million investment in Anatrans.
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.
The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank totaling over $110 million.
Burkina Faso, Senegal and Togo need far-reaching reforms of their infrastructure and legal systems to benefit from e-commerce, new studies of the West African countries by UNCTAD have revealed.
The General managers of SITARAIL, Quentin Gerard, the Ivorian Refining Company, Thomas Camara and the Burkinabe National Hydrocarbons Company, Hilaire Kabore, have signed an agreement to develop the supply and transport of petroleum products.
Kwesé TV, a provider of premium and exclusive sports and general entertainment content has partnered with the furniture retail giant to distribute Kwesé's Direct-To-Home hardware.
Teranga Gold Corporation has provided updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa.
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
South America mining and exploration group Tajiri Resources Corp has expressed interest in acquiring 100 per cent stake in the advanced Reo Gold Project in Burkina Faso.
Millenium Challenge Corporation $8.8 million to advance progress on development of Burkina Faso Compact
The U.S. Government’s Millennium Challenge Corporation has announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.
Telecommunication company Orange has expressed its desire to become a key player in the energy transition sector in Africa, by providing services directly to the general public or as a wholesaler to public operators.
The Executive Board of the International Monetary Fund has approved a new three-year arrangement under the Extended Credit Facility for Burkina Faso for $157.6 million.
[Burkina Faso] African Legal Support Facility trains WAEMU members in oil exploration and opportunities
The African Legal Support Facility (ALSF) organized two workshops in Ouagadougou, Burkina Faso, on best practices for managing oil and mining exploration and exploitation contracts.
IFC, a member of the World Bank Group, announced a €65 million financing facility with Société Burkinabè des Fibres Textiles (SOFITEX) to finance the 2017-2018 cotton campaign in Burkina Faso.
Acquisition of Afric Power and Tieri gives ENGIE strong local presence to accelerate its expansion in energy services in West and Central Africa
ENGIE has signed an agreement to acquire two companies specialising in energy services in West Africa.
Gold mining company Roxgold has received permitting approval to develop the Bagassi South Project from the Burkina Faso Ministry of Environment and Sustainable Development.
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group has signed a EUR 107 Million Murabaha Financing Agreement to finance Burkina Faso 2017/2018 Cotton Season.
Nestlé Burkina Faso, in partnership with the Mayor of Ouagadougou and the Burkinabé Pediatric Society have organised the first edition of the corporate fund raising sports event called "Race for Life," with the aim to purchase incubators for the newborns.
A new World Bank Group report titled The Geography of Welfare in Benin, Burkina Faso, Côte d’Ivoire and Togo explains the failure of the sub-region’s strong economic growth (above 5 percent, annually) to translate into benefits for the population.
Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa
Morocco-based financial services company Wafacash is scaling up operations with leading digital money transfer service WorldRemit to offer instant money transfers across West and Central Africa.
United States Agency for International Development Administrator Mark Green has announced that the U.S. President's Malaria Initiative , led by USAID and implemented together with the U.S. Centers for Disease Control and Prevention, will launch new country programs.
The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, has signed an MOU with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas.
The African Sustainable Energy Fund managed by the African Development Bank has approve a grant of $1 million to Burkina Faso aimed at creating an enabling environment for private sector investment in energy, especially in mini-grids based on renewable energy.
Sitarail and the governments of Côte d'Ivoire and Burkina Faso sign agreement to modernize rail transport
The Governments of Côte d'Ivoire and Burkina Faso and SITARAIL have formally signed an agreement that will lift the last conditions precedent to the entry into force of the revised concession agreement for the management and operation of the concession
The World Bank has approved a $60 million International Development Association credit for Burkina Faso. Of the estimated 300,000 producers to benefit from the Livestock Sector Development Support Project, 30 percent are women and 20 percent are young people.
Total and Worldline partner with African Fintech InTouch to support deployment of Guichet Unique solutions in eight African countries
Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch.
A project targeting some 30,000 residents of located in Ouagadougou, the capital city of Burkina Faso are seeing the fruits of development initiatives resulting from a $100,000 Community Managed Fund project.
Bolloré Transport & Logistics has been appointed to coordinate and manage the construction of Burkina Faso’s 10th mine, where work began in July 2016.
SES announced that it has been selected to lead a project to extend high-speed communications infrastructure throughout Burkina Faso.
The International Islamic Trade Finance Corporation signs $450 million export financing agreement with Burkina Faso
The International Islamic Trade Finance Corporation has signed a three -year’s $ 450 million socioeconomic development framework agreement with the Government of Burkina Faso.
The technology group Wärtsilä will supply a 15 MWp solar PV power plant to Essakane Solar SAS in Burkina Faso. The solar PV plant will be built next to a 55 MW Wärtsilä power plant currently running on heavy fuel oil.
Orange, one of the world’s leading telecommunications operators, has announced the launch of its brand in Burkina Faso. Less than one year after the closing of the Group’s acquisition of Airtel, together with Orange Côte d’Ivoire, this announcement clearly demonstrates Orange’s ambitions for the West African market.