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Burkina Faso Country Profile

Frontpage » Country Profiles » Sub-Saharan Africa » Burkina Faso » Corruption Levels » Environment, Natural Resources and Extractive Industry

Environment, Natural Resources and Extractive Industry

Business Corruption

There have been allegations of corruption in relation to the mining sector and mining concessions. This has especially affected the gold mining sector, where the renewal of exploitation permits has been subject to corrupt practices. According to an April 2011 article by ROARMAG.org, the funds that the country possesses from its gold mines and cotton trade are often embezzled by corrupt government officials. Furthermore, there are reports of mining companies having concealed their production and benefits to evade taxes.