Russia, Burkina Faso Strengthening Economic Cooperation – OpEd
A Moscow forum, “Russia–Burkina Faso: Towards a Sustainable Strategic Partnership,” had Ouagadougou officials pitching mining, energy, and trade projects; the Burkina chamber signed with Tula’s, and Kadvi and BN-GPB signed a letter of intent on modular plants of up to 50 MW, said to be buildable in three months.
The Russian Export Center said food and textiles already move, often via third countries, and Agroexport cited 1.7 million tonnes of wheat worth $383 million to West Africa last year, 70% to Nigeria, with some to Burkina Faso.
Local reports said Okto Group may buy Nordgold’s Burkina assets; the piece notes the junta still runs a mostly subsistence economy in a country of about 23.5 million, despite gold.
A corporate business forum dedicated to the economic partnership between Russia and Burkina Faso, titled “Russia – Burkina Faso: Towards a Sustainable Strategic Partnership” with participation of Russian investors, business representatives, stakeholders and Burkina delegation was held in Moscow. The delegation from Burkina Faso, who attended the event, was broadly looking for developing trade, economic, energy, and humanitarian ties between the countries.
The delegation was particularly desirous to identify practical steps toward developing bilateral economic cooperation. “We will present our projects to you today and agree on further........
