#africanews

Kwabena Ofori Osei
44 Views · 7 months ago

#africanews #ibrahimtraoré #burkinafaso

On July 1st, 2024, the transitional government of Captain Ibrahim Traore will come to an end. Recall that when he came to power in September 2022 and was appointed interim president of Burkina Faso in October of the same year, Ibrahim Traore pledged to give his support for a transition leading to elections in July 2024. This means that the military government which has been ruling Burkina Faso for more than a year, is about to end. And in line with this, Traore’s administration recently announced that they will hold national consultations at the end of this month to determine the next steps in the nation’s transition to civilian rule. According to a press release signed by Minister of Territorial Administration Emile Zerbo and read on national television, “National meetings have been called for May 25 and 26 in Ouagadougou”. "These meetings will enable representatives of the nation's active forces to deliberate on the next steps to be taken in the transition, which will run until July 1, 2024, as stipulated in the October 14, 2022 charter," the announcement said.

The minister's statement further revealed that “The meetings will bring together representatives from civil society, political parties, and the military to "take stock of the past months, decide whether to continue the transition and what that continuation will be”. This announcement comes after all 71 members of the legislative assembly for transition, the ALT, approved a plan for a transition forum, leaving it to the sovereign people who will meet during the national forum to decide the development of the transition in April. All these moves are in preparation for what happens next after the transition period of Captain Traore ends in July. But the question is, “Is that what the citizens of Burkina Faso want? Do they want a new leader who will be elected to replace Ibrahim Traore? Not surprisingly the answer is NO. The citizens of Burkina Faso have enjoyed the leadership of Ibrahim Traore so much so that on May 11th, thousands of Burkinabes gathered at the Municipal Stadium in Ouagadougou, the capital of Burkina Faso, to pledge support for the extension of Traore’s transition period. This is historic.

Tata Naka
36 Views · 10 months ago

Burkina Faso, Niger, and Mali met in the Burkina Faso capital, Ouagadougou, Ignoring the Africa Union Meeting in Ethiopia to discuss the formation of their own confederation, the Alliance of Sahel States (AES). Burkina Faso, Niger, and Mali Ignore #au Meeting to Establish Own Union https://youtu.be/op5kkEj374I #africanews -~-~~-~~~-~~-~-

Kwabena Ofori Osei
11 Views · 2 months ago

▬▬WEST SHOCKED! Burkina Faso Abolishes Colonial Attire, Commands Use of Local Fabrics in Schools and Government.President Ibrahim Traoré of Burkina Fasois rapidly establishing himself as a uniqueand visionary leader in Africa, implementingreforms that break from conventionalleadership on the continent.#africanhistory #africanmovies #africanews

Kwabena Ofori Osei
5 Views · 12 days ago

Mali Issues Arrest Warrant for Barrick Gold CEO Over Financial Disputes

Mali, one of Africa’s top gold producers, has issued an arrest warrant for Mark Bristow, the CEO of Canadian mining giant Barrick Gold. The warrant was issued December 4,

and I will tell you all about it , why he was arrested and why Mali is behaving this way towards foreign mining companies. in this video you will have perfect understanding with key facts to debate this topic everywhere you find yourself.

Gold Production in Mali: Overview

.to get the clear view and understanding of the situation, some facts need to be established.

Mali is one of Africa’s largest gold producers and plays a significant role in the global gold mining industry.

Gold accounts for a substantial portion of the country's economy, making it a vital resource for government revenue, exports, and employment.

Let's establish 5 Key Facts About Mali’s Gold Production

1. Ranking:

Mali is the third-largest gold producer in Africa, after South Africa and Ghana.

It is one of the top 15 gold producers globally.

2. Annual Production:

Mali produces approximately 60-70 metric tons of gold per year, sometimes production can vary depending on mining activities and investments.


3. Contribution to GDP:

Gold contributes around 10% to 15% of Mali’s GDP.

It accounts for over 75% of Mali's export earnings.

4. Major Gold Mines:

Mali has several large-scale gold mines operated by international mining companies including :

Loulo-Gounkoto Complex (operated by Barrick Gold who's CEO is under arrest warrant

Fekola Mine (operated by B2Gold)

Sadiola Mine (operated by IAMGOLD and AngloGold Ashanti)

Morila Mine (operated by Firefinch Limited)




5. Reserves:

Mali has over 800 metric tons of proven gold reserves, with significant potential for new discoveries.

looking at Economic Importance of Gold in mali
in regards to Government Revenue: Taxes and royalties from gold mining are a critical source of income for the government of mali.

The Malian government accuses Bristow who is the CEO of barrick gold Mining companie , the government accused him of money laundering and violating financial regulations,

Now mind you similar things occurred last month.
when Mali Military leader Detains CEO and Staff of Resolute Mining
which is Australian gold miner .

they were detained by the Malian government with similar claims of these mining companie refusing to comply with the new mining code introduced by the Malian government since the military took over power.

and now this CEO is Also under arrest warrant.

Since the government of Niger took over power there is so much Escalation between the Government and these Mining Companies

reason been that
Mali’s military-led government is pushing for more revenue from the mining sector to support the country’s economy, especially with gold prices on the rise.

#africa #africanews #ibrahimtraoré #burkinafaso #officialsurviver #panafricanism #mali #niger