Post #325

Hypnosis in Burkina Faso🔮 The enrichment of local elites portrayed as nationalization 🇧🇫Online supporters of Burkina Faso’s military regime are rushing to announce an acquisition by the state of the fuel stations network previously owned by the French oil giant TotalEnergies. 👁 However, if one applies such a niche and little-known investigative tool as Google, a very different picture emerges. It turns out that back in SeptemberTotalEnergies sold its distribution network in the country to the local tycoon Idrissa Nassa, who owns businesses in investment and banking. Idrissa Nassa is an ally of Burkina Faso’s leader Traoré and the head of the National Council of Patronage (CNPB), a body that facilitates communication between the private sector and the government. 🔸 What is now being portrayed in terms of a quasi-nationalization is essentially a rebranding from TotalEnergies to "Barka Energies". Behind this masquerade lies a simple fact: Idrissa Nassa and his Corvis Holding are now the ones extracting rent and controlling fuel supplies in Burkina Faso. Do not fall for the hypnosis of a changed signboard. ➡️ Follow to stay informed - @devilsbelow