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- The OPEC Fund supports energy security in Burkina Faso
The OPEC Fund supports energy security in Burkina Faso
The OPEC Fund is working with a number of development finance partners to support energy security in the Democratic Republic of Burkina Faso. The International Islamic Trade Financing Cooperation (ITFC) is leading the financing facility – to which the OPEC Fund is contributing US$50 million – that will enable Burkina Faso to purchase critical energy inputs for its domestic market. Burkina Faso is a low-income sub-Saharan African country with limited natural resources. The OPEC Fund has provided development finance to Burkina Faso for more than four decades. Please see our recent feature Building Burkina Faso for a more in-depth look at our long-standing partnership.