Things continues to unfold in Burkina Faso as leaders of the country are fully focused on reclaiming their natural resources from Foreign firms.
Burkina Faso’s Prime Minister Jean Emmanuel Ouédraogo is reported to have made it clear their intention to assume control of more foreign-owned industrial mines.
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The main purpose of their new action is to go all out in the mining sector to boost revenue and economic development.
Following a successful military takeover, Burkina Faso has set eyes on its mining sector since in 2024.
The West African giants made a great statement by establishing a new state-owned mining firm names the Société de Participation Minière du Burkina (SOPAMIB).
The Prime minister in an update said they have already recoveres two industrial mines and focus on reclaiming more.
According to a publication by Reuters, the Prime Minister said “SOPAMIB has already recovered two industrial mines, notably Boungou and Wahgnion, and this will continue,”
Burkina Faso has been at the center of debates all over social media after making bold moves to protect their natural resources.
READ ALSO: Burkina Faso’s Bold Shift: Prioritizing Local Benefit Over Raw Gold Exports
It is clear the country, led by Captain Ibrahim Traore isn’t interested in giving access to the western powers to take advantage of their gold reserves like it has been in the past.
This is a move that has been met with lots of support from a large section of Africans all over the world.
