Burkina Faso reviews strong performance of state-owned enterprises at annual assembly
The 33rd General Assembly of State-Owned Enterprises (AG-SE) opened in Ouagadougou on June 26, 2025, under the presidency of Prime Minister Rimtalba Jean Emmanuel Ouédraogo. The session, attended by Minister of Industry, Trade and Crafts Serge Gnaniodem Poda, brought together key stakeholders to examine the 2024 financial and management reports of 21 state-owned companies and 3 public social security institutions.
In his opening address, the Prime Minister commended the overall performance of Burkina Faso’s public sector portfolio.
The presented reports revealed that 19 of the 21 state enterprises recorded profits in 2024, generating a combined net income of 120.377 billion CFA francs – a significant 24.07% increase compared to 2023.
Total revenue reached 3,090.030 billion CFA francs, up from 1,910.743 billion the previous year.
These enterprises contributed 595.314 billion CFA francs directly to the national budget, representing 19.72% of government revenue.
On behalf of President Captain Ibrahim Traoré, the Prime Minister congratulated the boards of directors, general managers, and all employees for their sustained commitment to national development.
Minister Poda acknowledged the notable progress highlighted in the performance report presented by the ministry’s Secretary General, Alassane Ouédraogo.
The two-day assembly, which concluded on June 27, serves as a crucial platform for evaluating and strengthening the role of public enterprises in Burkina Faso’s economic development strategy.
The strong financial results demonstrate the continued importance of state-owned enterprises in supporting national priorities, particularly amid current economic and security challenges. This annual review process underscores the government’s commitment to transparency and accountability in public sector management.
Emile TAPSOBA
