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Burkina Faso to Nationalize More Industrial Mines

Kehinde Giwa by Kehinde Giwa
April 29, 2025
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Burkina Faso to Nationalize More Industrial Mines
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Burkina Faso plans to take control of more foreign-owned industrial mines, Prime Minister Jean Emmanuel Ouédraogo said in a speech broadcast on national television.

The West African country seeks a bigger share of revenue from its national resources.

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The move is part of the country’s effort to regain control over its resources.

Burkina Faso’s government has been working to increase its stake in the mining sector, a key industry in the country.

The decision reflects the government’s commitment to maximizing the benefits of its natural resources for the local population.

The country’s mining sector has been dominated by foreign companies, and the government’s move is seen as a step towards greater economic independence.

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