novembre 23, 2024

Burkina Faso: The State takes back control of SOPROLAIT-SA to boost the dairy industry

In a decisive move to address the challenges facing Burkina Faso’s dairy sector, the government has nationalized “the Société de Production de Lait et de Produits Laitiers (SOPROLAIT-SA)”. This measure, adopted during the Council of Ministers meeting on November 20, aims to revitalize a struggling industry critical to the nation’s food security and economic independence.

A strategic intervention

For years, SOPROLAIT-SA has fallen short of its goal to establish a functional milk production unit, stalling efforts to reduce reliance on imported dairy products.

The government’s intervention seeks to save the company from collapse, safeguard public investments made through the Burkinabe Fund for Economic and Social Development, and create a foundation for growth in dairy production.

The decision aligns with the government’s broader halieutic and agropastoral Offensive a strategic initiative designed to boost livestock and fisheries production.

By nationalizing the company, authorities aim to restructure operations, ramp up local milk transformation, and provide opportunities for small-scale producers to thrive.

State ownership for industry revival

With full ownership now transferred to the state, including shares previously held by private stakeholders and the Cooperative of Milk Producers (COPROLAIT), the government gains the flexibility needed to overhaul the company.

This approach not only addresses immediate operational inefficiencies but also positions SOPROLAIT-SA as a key driver of local dairy production.

The nationalization reflects Burkina Faso’s commitment to fostering economic sovereignty, reducing import dependency, and ensuring sustainable development in vital sectors like agriculture and dairy production.

 

Maurice K.ZONGO

 

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *