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Burkina Faso, Oman Ink Strategic Investment Pact

Burkina Faso, Oman Ink Strategic Investment Pact
Friday, 29 August 2025 19:57
  • Burkina Faso and Oman have signed a landmark investment agreement focusing on strategic sectors: mining, agriculture, and energy.
  • The partnership, announced by Burkina Faso's Foreign Ministry, aligns with Burkina Faso's development priorities and is seen by Oman as a crucialinitial step towards deeper cooperation.
  • This agreement underscores Oman's broader strategy of expanding its economic partnerships across the African continent.

Burkina Faso and Oman have signed a significant investment agreement spanning key sectors, marking a pivotal step in their burgeoning bilateral relations. The deal, announced by Burkina Faso's Ministry of Foreign Affairs on  August 28, 2025, focuses on mining, agriculture, and energy.

Karamoko Jean-Marie Traoré, Burkina Faso's Foreign Minister, stated that the Omani sovereign wealth fund's targeted sectors align with Burkina Faso's "strategic priorities," hailing the convergence as a potential catalyst for national development.

Abdulsalam Bin Mohammad Al Murshidi, Chairman of Oman's Sovereign Wealth Fund

Authority, characterized the signing as a "first step" toward enhanced cooperation, urging swift implementation of the agreed projects to maintain momentum.

This rapprochement follows recent bilateral discussions. Despite nascent diplomatic ties and a lack of direct diplomatic representation, the agreement signifies a crucial milestone in solidifying their relationship.

Oman continues to expand its partnerships across Africa, having concluded several agreements with Morocco in April 2025 and signing a memorandum of understanding with Algeria in May for the establishment of a joint investment fund.

This article was initially published in French by Ingrid Haffiny (intern)

Adapted in English by Ange Jason Quenum

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