This Thursday's publications echo the arrest of around ten suspects by the gendarmerie, bilateral cooperation between the Ministry of Foreign Affairs of Burkina Faso and its bilateral partners and the creation of a reinsurance company by the Burkinabe State."Insurance sector: Government decides to create a reinsurance company," runs the headline of the state-run daily Sidwaya.According to the Minister of Economy and Finance, Aboubacar Nacanabo, "it is a mixed economy company with 51% of the shares held by the State and 49% by all the local insurance companies", reports the same newspaper.According to Sidwaya, the decree establishing the reinsurance company under the Ministry of Economy and Finance was adopted during the Council of Ministers on Wednesday, September 25, 2024.For the oldest private daily newspaper, L'Observateur Paalga, this company aims, among other things, to limit the outflow of foreign currency linked to the payment of premiums transferred and to strengthen the protection of policyh olders and beneficiaries of insurance contracts.Le Pays, for its part, adds that according to the explanations of Minister Nacanabo, this insurance company called "Faso Réassurance" will be operational in 2025.From another perspective, L'Observateur Paalga displays on its headline: "Alleged armed attacks: A dozen suspects arrested by the gendarmerie"According to the same source, on the night of September 11 to 12, 2024 at around 9 p.m., the economic and financial unit of the research section of the third gendarmerie legion of Ouagadougou arrested a network of alleged armed bandits and traffickers of explosive products.Sidwaya indicates that according to the non-commissioned officer of the gendarmerie, it is an association of 5 criminals who are experts in the transformation of stolen motorcycles, with a multitude of accomplices and who carry out several activities during the day.The private newspaper Le Pays writes that the seized items include 3 two-wheeled vehicles, 618 detonators, 14 zinc bars, 1 bag containing cyanide, and 150 grams of cannabis.In another register, the same newspaper reports on the meeting of the Minister of Foreign Affairs, Karamoko Jean Marie Traoré with his bilateral partners at the UN podium.According to the same newspaper, the main objective of this meeting was to make people understand the need to involve and listen to the Sahel states during strategic meetings that concern them."At the end of the meeting, it should be noted that several projects to strengthen collaboration through meetings with experts are in sight," declared Minister Traoré.Source: Burkina Information Agency
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