Search
Close this search box.
    BREAKING NEWS :

Burkina: Nearly 17 billion FCFA mobilized by popular shareholding in one year

Facebook
Twitter
LinkedIn
Pinterest
Print


Ouagadougou: The Agency for the Promotion of Community Entrepreneurship (APEC) was able to mobilize from the populations, nearly 17 billion FCFA, in one year, to invest them in endogenous projects, indicated its general director, Karim Traoré.

Launched on June 12, 2023 by the Head of State, Captain Ibrahim Traoré, community entrepreneurship through popular shareholding was able to mobilize, as of July 1, 2024, nearly 17 billion FCFA, assured the Director General (DG ) from APEC, Karim Traoré.

For Mr. Traoré, APEC has already invested in community projects. He cites in particular the tomato processing factory launched in Bobo-Dioulasso.

He spoke Monday evening on Burkina national television.

According to him, this tomato processing factory is at 93% of its completion rate, the buildings are finished, the equipment has arrived, and assembly is underway for about a month.

He also assured that the recruitment of personnel, around fifty, for the start of work on the factory, will be launched soon.

The CEO of
APEC also added that APEC participates in nearly 40% of the capital of another tomato processing factory, ‘Faso tomate’, in Yako, which opens its doors to production in month of July.

The Director General of APEC hopes that the laying of the first stone of the semi-mechanized gold production factory, on July 4 in Gaoua in the South-West region, will further galvanize the Burkinabè to subscribe to community entrepreneurship through popular shareholding.

According to him, this will make it possible to finance endogenous projects by the populations themselves and create wealth to be shared among the Burkinabè.

Source: Burkina Information Agency