Burkina Faso grants allow to State-owned gold miner for Bouboulou mission

afrovibetv.com1 day ago02 mins

DAKAR – Burkina Faso has awarded an industrial mining allow to state-owned miner SOPAMIB for the Bouboulou gold mission, in line with an announcement, advancing the military-led authorities’s push for higher state management of the mining sector. Army-led governments throughout the Sahel and in neighbouring Guinea have more and more favoured state-owned mining corporations as they search…

East African

Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

afrovibetv.com3 months ago011 mins

STORY HIGHLIGHTS Starting in 2019, the World Financial institution supported a complete reform program that established Ethiopia’s first state-owned enterprises (SOEs) database, whereas strengthening oversight and updating the authorized and governance framework. The SOEs have shifted from absorbing public funds to producing them, contributing a mixed ETB 117 billion (roughly $720 million) to the nationwide…