OUAGADOUGOU – The ECOTEC project, aimed at boosting entrepreneurship, skills development, and technological adoption in Burkina Faso, was prominently featured in Tuesday’s national newspapers, highlighting its significant impact on the country’s economic landscape.

According to Burkina Information Agency, the ECOTEC project is set to engage 1,550 entrepreneurs and companies in its entrepreneurship program. This initiative also plans to benefit 750 entities through its partnership fund, aiming to mobilize 9 billion 500 million FCFA through private co-financing. “800 businesses will receive a new loan from a partner financial institution,” stated Abdoulaye Bassinga, the governor of the central region.

L’Observateur Paalga, one of Burkina Faso’s leading private dailies, focused on the project’s potential to mitigate financial challenges faced by businesses across the country. The headline “Economic recovery of Burkina Faso: ECOTEC reveals itself to entrepreneurs in the center” underscored the project’s role in providing greater employment opportunities for the Burkinabè youth.

Le Pays highlighted the project’s broader economic impact, noting that ECOTEC is poised to contribute effectively to the structural transformation of the national economy by enhancing the capacities of macro, small, and medium-sized enterprises. The newspaper also emphasized ECOTEC’s role in supporting education and technical and vocational training (TVET), positioning it as a cornerstone for future development initiatives in Burkina Faso.