- a guarantee of 252 billion CFA francs
- to acquire military equipment
According to the Burkina Information Agency (Aib), quoting the state newspaper Sidwaya, the Burkinabè State has granted a sovereign guarantee of more than 252 billion FCFA to IB Bank, within the framework of the acquisition of military equipment. monitoring and combating terrorism.
The exact amount of the sovereign guarantee granted to IB BANK, a member of the EBOMAF group, is 252 billion 795 million 735 thousand 523 FCFA. This decision was taken during the Council of Ministers on March 1, 2023. The Minister in charge of the economy therefore lifted the veil on the nature of the operation, which aims to cover an operation to acquire military equipment for surveillance and of fight.
According to Minister Nacanabo, it was the equipment supplier itself who
chose IB Bank Burkina.
