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SOFITEX Board of Administrators: the brand new President, Oumarou Barro, has taken workplace

Oumarou Barro was put in in his place as Chairman of the Board of Administrators (PCA) of Burkinabe Textile Fiber Firm (SOFITEX), yesterday Thursday July 25, 2024, by the Chief of Workers of the Minister in command of commerce, Zakaria Gyengani. The ceremony was held at Eau vive in Bobo-Dioulasso.

“Mr. Oumarou Barro, registration quantity 212 299 B, Financial Affairs Advisor, 1st class, 09th grade, you have been appointed as Chairman of the Board of Administrators of the Burkinabe Textile Fiber Firm by the Council of Ministers, at their common assembly on July 03. 2024. On today, Thursday July 25, 2024, I declare that you’ve got formally entered your new function as Chairman of the Board of Administrators of the Société Burkinabè des Fibers Textiles. It’s with this established formulation that Zakaria Gyengani, Chief of Workers of the Minister in command of Commerce, put the brand new PCA of SOFITEX in his duties. Oumarou Barro replaces Fidèle Ilboudo on this place who may have spent two years on this function. The newly promoted man acknowledged and congratulated the fantastic work finished by his predecessor and along with all of the members of the board of administrators. He additionally recommended the Director Basic, his workers and all of the cotton producers within the SOFITEX zone for the performances recorded within the final two cotton seasons.

SOFITEX appears like a locomotive

Actually, out of the full manufacturing of seed cotton for the three cotton corporations (SOFITEX, FASO COTON AND SOCOMA) of 386,794 tons for the 2023/2024 cotton marketing campaign, the share of the SOFITEX zone represents 93% of the full manufacturing. Concerning the margin after enter credit score paid to producers for a similar marketing campaign, it’s about 29.8 billion FCFA. For the 2024/2025 marketing campaign, manufacturing projections for SOFITEX are 510,000 tons of seed cotton for an anticipated nationwide output of 595,000 tons, or practically 86% of complete manufacturing.
Within the opinion of Mr. Barro, “these totally different statistics, regardless of the troublesome safety scenario, elevate the query of the driving function that SOFITEX should have in cotton manufacturing. That’s the reason he intends to pay particular consideration to good administration throughout the firm whereas he was the pinnacle of the Board of Administrators. And to permit the corporate to be an efficient instrument serving the socio-economic improvement of Faso, Oumarou Barro desires all stakeholders to affix forces across the strategic plan 2024-2028, and its implementation ought to facilitate the rise of cotton manufacturing and manufacturing. contribute considerably to meals safety. He then urged SOFITEX staff to domesticate the values ​​of integrity, professionalism and rigour, values ​​to which he locations nice emphasis.

The chief in cotton manufacturing and processing

This solemn and heartfelt occasion was held within the presence of the members of the Board of Administrators, administrators and heads of SOFITEX companies. In the beginning, Bonossokoun Arsène Gislain Somda, CEO of SOFITEX, expressed his happiness to obtain the brand new PCA and reassured his total group to help his mission. He additionally made a short presentation of SOFITEX which is a combined financial system firm, public then privatized, created in 1974 and its mission is the event of the cotton agro-industry in Burkina. Its predominant missions are to purchase, transport and generate seed cotton, market fiber and seed, help farmers with agricultural inputs, assist to improvement of cotton cultivation and associated crops, and promotion of textile fibers instantly. In keeping with the CEO, he has adopted a strategic plan 2024-2028 to bear in mind the brand new directives of the nation’s excessive authorities. The intention is to make the corporate a frontrunner within the manufacturing and processing of cotton in Burkina and Africa.
After his submission, the Chief of Workers to the Minister in command of Commerce Zakaria Gyengani confirmed that the mission of the brand new PCA would come with, in collaboration with the members of the Board Administration and the Basic Administration, to make SOFITEX a company citizen. which promotes the manufacturing and processing of cotton; something that contributes to the socio-economic improvement of the nation.
Ousmane TRAORE

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