Madar (Ouagadougou) - Burkina Faso's Council of Ministers on Thursday, October 22, 2026, adopted a decree creating the Presidential Energy for All Initiative, named "Faso Wa-Fulu" in the San language, which aims to provide universal access to electricity by 2030, according to the official summary of the meeting published by the government information service.
The programme will cost more than 2,800 billion CFA francs over ten years and has four components: electrification brigades, community inclusion, energy access and energy sovereignty.
Energy, Mines and Quarries Minister Yacouba Zabre Gouba said the initiative would run for ten years, starting with an acceleration period followed by a second five-year phase to consolidate the gains.
The council also created the Burkina Faso Wine Company (SOVIB), a mixed-economy company with initial capital of 1 billion CFA francs, 45% owned by the state, 10% by BRAFASO and 45% by the Burkinabe private sector. The plant will be built in Bobo-Dioulasso at a cost of about 9.8 billion CFA francs, Commerce Minister Serge Gnaniodem Poda said.
