Africa Business News

Burkina Faso and Russia are scheduled to sign a memorandum of understanding for the construction of a nuclear power plant in the West African nation. The agreement will be a culmination of talks the Burkinabe military ruler, Capt Ibrahim Traore, had with Russian President Vladimir Putin in July, during the Russia-Africa summit in Moscow. About 20% of Burkina Faso's population has access to electricity - one of the lowest rates in the world, according to the International Energy Atomic Agency. Having fallen out with most of its traditional Western partners, including former colonial power France, Burkina Faso has turned to Russia for economic and military support.