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Establish local HQ In Economic Shift – Traore Orders Multinationals

Burkina Faso’s transitional government has taken a decisive step to tighten economic sovereignty, adopting a sweeping decree that compels large companies operating in the country to establish their headquarters within its borders.

According to Channels Television post on X on February 14 , 2026 , the decision was approved on Thursday during a Council of Ministers meeting in the capital, marking one of the most far-reaching policy moves since the current administration assumed power.

The decree was adopted under the leadership of Ibrahim Traoré, who has consistently pushed for reforms aimed at strengthening local control of national resources and businesses.

Government officials said the new policy is designed to deepen corporate accountability, improve regulatory oversight, and ensure that economic value generated in Burkina Faso directly benefits its people.

By requiring companies to base their headquarters domestically, authorities believe firms will be more responsive to national laws, taxation systems, and labour regulations.

The move is also expected to create skilled jobs, boost local services, and reduce capital flight, a long-standing concern in the West African nation.

Officials noted that many large firms currently operating in Burkina Faso manage their affairs from foreign capitals, limiting the country’s influence over strategic decisions.

The new decree seeks to reverse that trend and align corporate operations with national development priorities.

Analysts say the policy reflects a broader regional push by transitional governments in the Sahel to reclaim economic independence and renegotiate relationships with multinational corporations.

While supporters view it as a necessary corrective, some business groups have raised concerns about implementation timelines and potential costs.

SOURCE: FaithNewsWorldWide

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