Public Management

Burkina Faso reaches new cooperation deals with Iran

Burkina Faso reaches new cooperation deals with Iran
Tuesday, 10 October 2023 18:40

Officials from Burkina Faso and Iran met last October 2 to 5 in Ouagadougou to strengthen their cooperation and explore new areas of partnership. The next session is scheduled for 2025 in Tehran.

Burkina Faso’s Foreign Minister, Olivia Rouamba, signed 8 new partnership agreements with Sayed Solat Mortazavi, the Minister of Cooperatives, Labor, and Social Welfare of Iran. This was during the first session of the joint cooperation commission between the two countries held last October 2 to 5 in Ouagadougou.

According to the official statement made public by the Burkina Faso Government Information Service (SIG), the deals target the energy and mining sector, the pharmaceutical industry, vocational training, employment, and entrepreneurship development as well as defense and security. Ms. Rouamba said both parties have committed, along with sector experts, to continue working towards win-win agreements while Sayed Solat Mortazavi reaffirmed his country's dedication to assisting Burkina Faso in combating insecurity. Iran also supports the military regime which, according to Sayed Solat Mortazavi, "focuses on and defends national sovereignty."

As a reminder, Tehran and Ouagadougou, currently experiencing political instability, are both against some Western powers. In Burkina Faso, the transitional president -Captain Traoré, who came to power following a coup, denounces the lingering Western imperialism 60 years after African independence, and an imbalance in international relations characterized by unfair dominance of northern countries over southern ones. Iran on its side is against the “relentless pressure” from the Western world.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Burkina Faso to tax interest on new WAEMU bonds from Aug 1, 2025, excluding its own.• Ends unregulated tax exemption causing state revenue...
• Gabon raises CFA119.91 billion via a multi-tranche bond issued on the Bvmac.• Investors now show renewed confidence amid post-election stability.• Funds...
• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising child deaths due to foreign aid cuts.• Funding comes as...
The World Bank, through the International Development Association (IDA), has approved $115 million in concessional financing for Senegal. This...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...

Six African Countries Rank Among Top Economies in 2025
03

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
04

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
05

Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Afric...

Global Peace Index 2025: Mauritius Leads Africa, Again
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.