West In Panic Mode As Burkina Faso’s Ibrahim Traore Takes Control – No More Gold For Them.
#africanews #ibrahimtraoré #blackhistory
Burkina Faso produces a ton of gold, but guess what? The gold doesn’t stick around, and the folks who dig it up get a raw deal. Burkina Faso, the 14th largest gold producer globally, churned out a whopping 70,000 kilograms of the precious metal in 2022. European companies snatch up Burkina Faso’s gold and pay the hardworking locals peanuts. It’s like a one-sided game where the people doing all the heavy lifting end up with almost nothing. The whole cycle screams for fairness – the need for a fair shake for Burkina Faso’s wealth and a better deal for the folks breaking their backs to get it. The big question is, can we find a way for Burkina Faso to thrive while ensuring its people get a fair share for all their hard work? Hello and welcome .
Burkina Faso’s gold rush seems like a tale of riches, but the reality is harsh. European banks scoop up all the shiny treasure, leaving the people of Burkina Faso with empty pockets. Shockingly, this has pushed 40% of the population below the poverty line, and the country sits at a dismal 184th place out of 191 on the Human Development Index. The impact is clear: Burkina Faso’s wealth is vanishing, and its people are paying the price.
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