Development Cooperation: The Burkinabe Foreign Minister Provides Guidance to Bio Invest and Enabel for Successful Interventions in Burkina Faso

The Foreign Minister’s friendly working visit to Brussels was marked by meetings with officials from the Belgian Investment Company for Developing Countries (Bio Invest), a structure that provides support to the Burkinabe private sector, and those from the Belgian Agency for International Cooperation, a structure that constitutes the operational arm of cooperation programs between Burkina Faso and the Kingdom of Belgium.

Bio Invest supports several projects and institutions in Burkina Faso in the areas of local and sustainable economic growth, financial inclusion, food security, access to basic social services, the fight against climate change, etc.

To date, it has financed companies involved in the processing and export of cashew nuts and dried mangoes, maize processing companies and microfinance institutions by targeting micro, small and medium enterprises in the country’s major cities.

According to the top official, his ambition is to generate a positive and lasting local impact, on the economic, social and environmental levels, which helps to reduce social inequalities within and between countries.

As for Enabel, it also operates in Burkina Faso as the structure responsible for implementing cooperation programs between Belgium and Burkina Faso.

Proximity, co-creation, alignment, integrated territorial approach, offering inclusive and sustainable quality services, are all principles that guide Enabel’s interventions, according to the presentation made to the Minister of Foreign Affairs and his delegation.

Comrade Karamoko Jean Marie TARORE welcomed the approach of the two structures, an approach which fits well with that desired by Burkina Faso in terms of development cooperation, namely a sustainable approach centered on actors on the ground in order to create more added value.

Based on this, and for greater efficiency and impact of interventions, he invited them to work in synergy and to take into account all links in the value chain of the areas in which they intervene.

Distributed by APO Group on behalf of Ministère des Affaires étrangères, Burkina Faso.