Burkina Faso Bans Privatization, 70 Votes
The law sets five criteria for strategic status and lets the government take stakes in private firms in sensitive sectors.
6 Articles
6 Articles
Burkina Faso rewrites 33-year-old law to protect strategic state enterprises from privatisation
Burkina Faso has rewritten a 33-year-old law to prohibit the full or partial privatisation of state-owned enterprises classified as strategic, while giving the government greater authority to take stakes in private businesses considered essential to national interests.
The Burkina Faso MPs have passed a law barring the privatization of public enterprises of national interest, which translates into the sovereignist line of Ibrahim Traoré, from the defence sector to the infrastructure sector.
In plenary this Monday, October 19, 2026, in the People's Legislative Assembly (PLA), MPs unanimously voted on the law defining and determining strategic economic, commercial and industrial entities. Despite the existence of Act No. 53 of 20 December 1993, defining and determining companies and enterprises of a strategic nature, the...
By Locéni Compaoré Burkina Faso is taking another step towards economic sovereignism. The Transitional Legislative Assembly, which serves as the Parliament in power, has just passed a law on "definition and determination of economic, commercial and industrial entities of a strategic nature". A law that no doubt comes, strengthens the 1999 and 1993 laws that already defined companies as being...
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