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Burkina Faso: the Underside of a Loan of 33 Billion CFAF to Revive the Ex-Mines of Endeavour
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The mines in Bungou and Wahgnion will receive an investment of CFAF 33.21 billion, financed largely by a loan from the West African Development Bank (BOAD). The People's Legislative Assembly (PLA) authorized the ratification of this agreement on 30 June 2026 in Ouagadougou by a unanimous vote of the 56 deputies present. BOAD's loan amounts to CFAF 30 billion, at a rate of 7.05 per cent over 10 years. The national counterpart represents CFAF 3.21…
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