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Inoussa Kanazoe Acquires Burkina Faso Gold Mines as Foreigners Exit

Inoussa Kanazoe, one of Burkina Faso's wealthiest businessmen, has emerged as a major beneficiary of the junta government's sweeping campaign to wrest control of the country's $7 billion gold sector away from foreign mining companies and into local hands.Kanazoe's Soleil Resources International group has reportedly acquired the BMC and Roxgold mines, two significant gold assets previously held by foreign-controlled entities, as President Ibrahim…
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Burkina Faso's gold sector is changing hands at an unprecedented pace. The nationalization of gold mines in Burkina Faso, initiated by the Junta Traoré since 2022, creates an opportunity for local private capital and burkinabè businessmen are entering the dance. Inusa Kanazoe and its group Sun Resources International are the most visible of this new generation of burkinabè owners. Inusa Kanazoe, one of Burkina Faso's richest businessmen, has acq…

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Billionaires.Africa broke the news on Thursday, May 28, 2026.
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