Public Management

Govt reshuffle in Burkina Faso ousts mining minister Simon Pierre Boussim

Govt reshuffle in Burkina Faso ousts mining minister Simon Pierre Boussim
Monday, 18 December 2023 17:16

Simon-Pierre Boussim (pictured) is no longer Burkina Faso’s mining minister. He has been removed from this position and the government after a reshuffle last December 17, replaced by Yacouba Zabre.

This move comes at a time when the country seeks to improve its gold production following a decline of 14% in 2022. The government's response to this poor performance included a change earlier this year in the mining royalty rate levied on gold production, to take account of changes in the price of the metal. The construction of a local gold refinery has also been launched, with commissioning scheduled for the end of 2024. Burkina Faso's mining sector is a pillar of the national economy, contributing 16% to GDP and over 80% to exports, according to the latest EITI figures.

Following this reshuffle, other ministerial portfolios underwent changes, such as that of Foreign Affairs, now held by Karamoko Jean Marie Traoré, and that of National Education, now headed by Sosthène Dingara, former Secretary General of the government.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced...
Development Partners International sold its 20.17% stake in Atlantic Business International for more than $200 million. The transaction valued...
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.