URGENT

TAFA Energies created to strengthen oil supply in Burkina Faso

By , based on Netafrique

The Burkinabe government has created TAFA Energies, a mixed-economy company intended to strengthen the availability of petroleum products on the domestic market. SONABHY will hold 60% of the capital, representing an investment of 600 million CFA francs, according to Netafrique after the 5 November 2026 Council of Ministers meeting.

The Société nationale burkinabè d’hydrocarbures (SONABHY) will hold 60% of the capital of TAFA Energies, representing an investment of 600 million CFA francs, following the creation of the mixed-economy company by the Council of Ministers of Burkina Faso, which met on 5 November 2026, according to Netafrique.

TAFA Energies, officially named TADJI DU FASO, is intended to help ensure the availability of hydrocarbons throughout Burkina Faso, both in quantity and quality, according to Netafrique. The company is also intended to strengthen national capacity in the oil sector and improve supply to consumers.

Share this article

Related stories

Chad’s local authorities to receive more than CFA 56 billion in 2027

The Chadian government plans more than CFA 56 billion for autonomous local authorities in 2027, compared with CFA 47 billion in 2026. The budget also provides more than CFA 18 billion in state support and nearly CFA 4 billion for sanitation, according to the official report of the Council of Ministers.

🇹🇩 Chad · Source: Tchadinfos ·

Assimi Goïta expected in Ouagadougou for bilateral visit

Mali's Transition President, Army General Assimi Goïta, is expected in Ouagadougou on Thursday 5 November 2026 for a friendship and working visit with Burkinabè President Ibrahim Traoré, according to the Burkina Information Agency cited by Netafrique. Talks will cover bilateral cooperation, security, the economy and consultation within the AES.

🇧🇫 Burkina Faso · Source: Netafrique ·

Senegal raises 85.627 billion CFA francs on WAEMU market

The Senegalese state raised 85.627 billion CFA francs through an issue of 364-day Treasury bills and three- and five-year bonds. The operation was carried out on 6 November 2026 on the financial market of the West African Monetary Union, according to Financial Afrik.

🇸🇳 Senegal · Source: Financial Afrik ·

🇧🇫 Latest from Burkina Faso

First Burkinabè gold miners expelled from Guinea return homeThe first convoys of Burkinabè gold miners arriving from Guinea reached Bobo-Dioulasso on the night of 4 November 2026 and were welcomed at Sangoulé Lamizana Stadium. Burkinabè authorities expect other groups, while those repatriated are calling for support and reintegration measures.All Burkina Faso news →

Business in West Africa

Nigerian expert calls for recovery of critical mineralsBibilore Omotosho, Nigeria’s Governing Member Chair of the International Water Association, is calling for the responsible exploitation of critical minerals found in Nigeria’s industrial waters. Her work focuses in particular on the electrochemical recovery of lithium and highlights the importance of environmental governance, according to Tribune Online.All Business news →

The week in Africa

This week’s highlights

  1. Assimi Goïta arrives in Burkina Faso for working visit🇧🇫 Burkina Faso
  2. Paul Mackenzie sentenced to 200 years for 191 murders🇰🇪 Kenya
  3. DR Congo and US review investment projects in Paris🇨🇩 DR Congo
  4. Donald Trump appoints Stephen Miller as chief of staff🇺🇸 United States
  5. Trump predicts ‘very big’ deal with Russia on Ukraine🇺🇸 United States
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

← Back to the news