Burkina Faso: Mining reforms, a lever for sustainable development a lever for sustainable development

On November 20, 2024, the Burkinabe government approved a decree detailing the processes for awarding and managing mining titles. This decree is based on Law No. 16-2024/ALT, passed by the Transition Legislative Assembly on July 18, 2024. It is designed to transform the mining sector into a key driver of sustainable economic and social development in the country.

 

The government has outlined clear goals with these reforms. The primary objective is to maximize the economic benefits of mining for local communities and the nation as a whole.

 

This includes ensuring a fairer distribution of mining revenues and increasing contributions to the national budget for essential infrastructure projects.

 

Another key focus is to improve the transparency and accountability in the management of mineral resources.

 

By strengthening regulations surrounding the issuance and exploitation of mining titles, the government aims to combat corruption and monopolies within the sector.

 

Enhancing geological knowledge and better utilizing the country’s mineral resources is also a top priority.

 

The Bureau of Mines and Geology (BUMIGEB) will play a crucial role in conducting scientific and technical studies to improve resource management.

 

The new decree introduces several innovative measures to improve the sector’s inclusivity and efficiency.

 

These include categorizing mineral substances for better management, limiting the maximum area for exploration permits to 150 km², expanding semi-mechanized permits to support local small- and medium-sized enterprises, and limiting each beneficiary to a maximum of seven exploration permits to prevent resource concentration.

 

This decree reinforces Burkina Faso’s commitment to sustainable resource management, ensuring that the mining sector becomes a catalyst for economic growth, job creation, and environmental preservation for future generations.

 

Cédric KABORE

Posts Grid

Football/ Senegal Bids Farewell to Football Legend Babacar Louis Camara

Senegalese football has lost one of its brightest stars with the passing of Babacar Louis Camara, a former national team captain and a revered figure...

Basketball/ Second Window of AfroBasket 2025 Qualifiers heads to Senegal

The journey to the FIBA AfroBasket 2025 continues with the second window of the qualifiers set to take place in Senegal from November 22 to...

Football/ Togo’s Kevin Denkey makes high-profile move to MLS

Kevin Denkey, the Togolese striker known for his prolific scoring record, is set to embark on a new chapter in Major League Soccer (MLS). After...

Real Madrid faces dilemma over Arda Güler’s future

Arda Güler’s rocky start at Real Madrid has raised questions about the club’s plans for the talented 19-year-old midfielder. Signed last summer from Fenerbahçe with...

Football/ Pep Guardiola set for Manchester City contract extension

Manchester City manager Pep Guardiola is on the verge of extending his stay at the club, with an official announcement expected in the coming days,...

Football/ Argentina edges past Peru in World Cup 2026 Qualifiers

World Cup champions Argentina secured a narrow 1-0 victory against Peru in Tuesday night's CONMEBOL World Cup 2026 qualifying match at La Bombonera stadium in...

Leave a Reply

Your email address will not be published. Required fields are marked *