Oman, Burkina Faso Establish Joint Venture
in Gold Mining Sector

Ouagadougou, 28
Aug (ONA) — The Sultanate of Oman and Burkina Faso have signed three
investment cooperation agreements covering various economic sectors.

Inked in
Ouagadougou, the agreements were signed by Oman Investment Authority and representatives
of economic sectors in Burkina Faso.

The first agreement was signed to establish a joint venture in the gold mining
sector.The second agreement was signed by parties concerned to establish a comprehensive investment partnership in
different economic sectors.The third agreement pertains to investing in a number of agricultural sectors, including the cultivation of rice cultivation and some strategic crops.The agreements
were signed by Abdulsalam
Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), Karamoko
Jean-Marie Traore, Burkina Faso Minister of Foreign Affairs, Regional
Cooperation and Burkinabe Abroad and representatives of the companies
concerned.

The agreements stem from OIA’s initiatives to diversify its foreign investments and
consolidate strategic partnerships with Arab and friendly countries, with the
overall goal of achieving sustainable returns for the Sultanate of Oman.

—
Ends/Bishara/AG