Economic Shift: Burkina Faso Buys Back Mineral Wealth from Foreign Firms

Burkina Faso has recently claimed ownership of the Boungou and Wahgnion gold mines, marking a critical step toward controlling its mineral resources. On August 26, 2024, the government acquired these mines from Lilium Mining and Endeavour Mining for about $90 million. Dr. Aboubakar Nacanabo, the nation’s Minister of Economy, led these crucial negotiations. The deal […]