Ouagadougou: The Burkinabè National Hydrocarbons Company (SONABHY) with a turnover of 192.856 billion FCFA and the National Electricity Company of Burkina (SONABEL)
with 19.618 billion FCFA, are the two public companies that achieved the best results in 2023.
The performance of state companies for the year 2023 is mainly supported by SONABHY and SONABEL whose turnover increased respectively by 192.856 billion and 19.618 billion CFA francs between 2022 and 2023, indicated the 2023 report on the performance of public companies.
According to the same source, the increase in the turnover of the National Hydrocarbons is due to the removal of the subsidy on the price of diesel intended for industrial companies, the increase in the price of super 91 at the pump and the strong consumption of diesel and Super.
Regarding the electricity company, the report indicates that its achievement by reorganizing its tariff schedule since October 2023 has increased the number of subscribers thanks to the various extensions an
d the strengthening of its network.
Source: Burkina Information Agency