Burkina Faso sits atop some of West Africa’s richest mineral deposits, yet vast reserves remain untapped. As Africa’s fourth-largest gold producer, it has long relied on the precious metal to drive its economy.
Rosatom, now building Egypt's first nuclear power plant, has announced a strong pipeline of projects across Africa, having signed agreements with Burkina Faso, Congo and Guinea while making inroads in Kenya and beyond.
Leading western banks JPMorgan Chase and HSBC reportedly unwittingly processed payments for companies linked to Russian warlord Yevgeny Prigozhin, the late leader of the Wagner Group Private Military Company.
A delegation of technical experts from the Russian nuclear corporation Rosatom has arrived in Burkina Faso to negotiate the construction of a nuclear power plant in the West African country, local media outlet Burkina24 reported on August 6.
Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.