Burkina Faso’s Ibrahim Traoré Urges Africa to Shun Foreign Loans

Aug 9, 2025 - 19:32
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Burkina Faso’s Ibrahim Traoré Urges Africa to Shun Foreign Loans

Burkina Faso’s Ibrahim Traoré Urges Africa to Shun Foreign Loans

President Ibrahim Traoré of Burkina Faso has voiced a strong call for African nations to rely on their own resources rather than turning to institutions like the World Bank, the IMF, or Western powers for financial assistance.

 According to Traoré, the continent has all it needs to develop its economy independently and should reject any system that keeps it in a cycle of debt and dependency.

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