08/12/2025
Captain Ibrahim Traoré's government has acquired all TotalEnergies gas stations and renamed them Baraka Energies. Captain Ibrahim Traoré, together with local Burkinabè investors, has purchased all French-owned TotalEnergies fuel stations in Burkina Faso and rebranded them Baraka Energies. Traoré stated that multinational companies operating in Africa represent a form of new colonialism, which his country is systematically eliminating, one by one. This move makes Burkina Faso the first African country to fully acquire an international company operating within its borders, hence all profits from Baraka Energies will remain in Burkina Faso and not be shared with any foreign entity.
