djoliba sovereign wealth fund

Burkina Faso asserts financial independence from the West with mineral-backed sovereign fund — Photo by Sir Mk on Pexels

Stops Western Aid, Forges Financial Independence 7%

Stops Western Aid, Forges Financial Independence 7% 30% of Burkina Faso’s mining royalties flow into the Djoliba Sovereign Wealth Fund, instantly adding $2.5 billion to sovereign reserves and lowering the net-debt ratio from 44% to 32% within one fiscal year. The fund’s creation marks a decisive shift