Home World President Traoré Launches Postal Bank Of Burkina Faso
World

President Traoré Launches Postal Bank Of Burkina Faso

2.8k
Photo Source: Agence d’Information du Burkina.

Burkinabe head of state, Captain Ibrahim Traoré, has officially launched the Postal Bank of Burkina Faso (BPBF) on Monday.

The bank, with a capital of 15 billion CFA francs ($25 million), was approved in April 2022 with the aim of promoting financial inclusion and fostering shared prosperity.

Furthermore, the bank is designed to meet the growing demand for project financing, particularly for young people, women, and the middle class.

The establishment of BPBF is part of the government’s effort to strengthen Burkina Faso’s economic resilience.

Read: Burkina Faso Has Resources To Mine Its Own Gold, Says President Traoré

Democratic Republic of Congo Begins Mpox Vaccination Campaign

Enyimba FC to Play Two Egyptian Clubs in Group Stage of CAF Confederation Cup

About The Author

2 Comments

  • I am located in Reidsville North Carolina, I never felt that I belonged in this country, an I am coming home to Africa I got my passport, an need to get a ticket to Africa, if you can help me, I really appreciate you. But how can I open a bank account.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NewsSportsWorld

CAS to Rule on Senegal-Morocco AFCON Title Appeal by End of November

The Court of Arbitration for Sport announced on Monday that it expects...

NewsPoliticsWorld

Zimbabwe’s ZANU-PF Extends Mnangagwa’s Rule to 2030, Abolishes Direct Presidential Elections

Zimbabwe’s ruling ZANU-PF party has unanimously endorsed President Emmerson Mnangagwa as its...

NewsPoliticsWorld

Sahel States Restart Dialogue With ECOWAS After 18-Month Break

Burkina Faso, Mali and Niger have resumed formal discussions with the Economic...

NewsWorld

US Exploits Sudan’s War and Famine to Take Gold and Uranium in Exchange for Machinery

The proposed US Sudan IMPACT Act is the latest flashpoint in an...