Ibrahim Traoré Challenges Africa’s Colonial Economic Model.
Burkina Faso’s transitional leader, Captain Ibrahim Traoré, has criticised the economic system that allows Africa’s raw minerals to be exported cheaply, processed abroad and sold back to the continent at much higher prices.
Alongside Mali and Niger, Burkina Faso’s Alliance of Sahel States (AES) seeks to reshape regional trade by promoting local processing, food self-sufficiency and greater control over Africa’s natural resources.
After withdrawing from ECOWAS and ending several European military agreements, Burkina Faso launched the $64 billion RELANCE Plan to support domestic industrial development.