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Burkina Faso: BOAD grants $72M for development projects

The West African Development Bank (BOAD) approved a $72 million financing to Burkina Faso for the implementation of development projects, Xinhua reported, quoting official sources. The amount will be steered towards water and local development projects under the National Economic and Social Development Plan (PNDES) initiated by the government. $18 million will thus be earmarked […]

Single African Air Transport Market agreement signed by 26 countries

Twenty-six African countries out of the 55 members of the African Union have committed to the establishment of the concept of a Single African Air Transport Market (SAATM), the African Union Commission chairperson, Moussa Faki Mahamat said on Monday during a meeting of the working group in the Togolese capital, Lome. According to the list […]

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Burkina Faso re-establishes diplomatic relations with China

China and Burkina Faso have re-established diplomatic ties on Saturday, leaving the Kingdom of eSwatini as the only ally of Taiwan on the continent. About 19 countries still recognize Taiwan, most of them poor nations in Central America, the Caribbean, Pacific and Africa. Speaking to reporters in Beijing after signing an agreement to re-establish relations […]

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G5 Sahel anti-militant force set to deploy – Niger’s Defense Minister

The G5 Sahel counter-terrorist force is “ready” to take action, Nigerien Defense Minister Kalla Moutari said on Sunday. Burkina Faso, Chad, Mali, Mauritania and Niger agreed in 2017 to set up the G5 Sahel counter-terrorist force. The regional force, which aims to fight armed extremist groups that have carried out deadly attacks across the region, […]

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Burkina Faso: Cereal production declines to 4 million tons

Burkina Faso has harvested 4 million tons of cereals during the 2017/2018 crop year, a drop of 11% compared to 2016/2017, a balance sheet published by the government showed. The sharp drop in production for crops such as rice and wheat is mainly due to drought, armyworm attacks and grain-eating attacks, according to Ecofin news […]

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AfDB to launch 12 new projects to support SMEs in 6 African countries

The African Development Bank (AfDB) will launch twelve new projects to support agribusiness SMEs in 6 African countries, The Bank said in a statement. The projects will be funded by the AfDB’s Agriculture Fast Track Fund (AFT) in Ghana, Ethiopia, Malawi, Nigeria, Mozambique and Burkina Faso. According to the Bank, the $28.8 million envelope will […]

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Burkina Faso launches world’s largest solar thermal-hybrid plant

Burkina Faso has launched the world’s largest solar-thermal hybrid plant that it hopes will meet mining companies’ growing need for power. The project conducted by Renewable energy company Total Eren consists of 130,000 panels that will be connected to the existing 57 MW heavy-fueled power plant. It will supply electricity to the Essakane gold mine […]

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West African leaders vow to fire back after jihadist attacks in Burkina

Togo’s President and chair of the regional ECOWAS bloc, Faure Gnassingbe, and Niger’s President Mahamadou Issoufou on Monday vowed to help Burkina Faso fight and defeat militant groups. The presidents of neighboring Niger and Togo traveled to Burkina Faso on Tuesday (March 6) to assess the aftermath of the terror attacks, which killed 8 people […]

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G5 Sahel force: International donor conference raises €414m

An international high-level conference on the Sahel held in Brussels last weekend raised €414 million to support the G5 Sahel Force. Co-chaired by the European Union (EU), the United Nations, the African Union and the G5 Sahel group countries (Burkina Faso, Chad, Mali, Mauritania, and Niger), the donor conference saw the participation of 50 countries, […]

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