Burkina Faso $90 Billion Canal Project to Atlantic Unveiled by Traore
Burkina Faso is preparing for one of the most ambitious infrastructure projects in Africa — a $90 billion canal that would connect the landlocked nation to the Atlantic Ocean. Announced under President Ibrahim Traore’s leadership, the initiative is set to transform the country’s economic and trade future. The proposed canal, stretching 1,200 kilometers, will directly link Ouagadougou to the Atlantic, effectively turning the capital into a global port. Plans include 20 massive locks and several artificial lakes to manage water flow and shipping routes. The design is expected to accommodate large cargo ships, positioning Burkina Faso as a new maritime hub in West Africa. Backed by BRICS nations and Gulf investors, the project is slated for completion by 2040. Once operational, it could cut trade transport times by up to 70%, boosting efficiency and lowering costs for exporters. Experts project […]