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A controversial EBOMAF infrastructure contract tied to Mahamadou Bonkoungou is back in focus as Liberia’s Boakai government revisits the shelved deal.
EBOMAF, led by Burkinabe entrepreneur Mahamadou Bonkoungou, begins a 244-km Yombi–Mandji–Omboué road project in Gabon, promising jobs, infrastructure upgrades, and stronger provincial links.
Burkinabe billionaire Mahamadou Bonkoungou’s EBOMAF loses a key Gabon contract, a rare setback for the tycoon’s fast-growing West African infrastructure empire.
Dédougou, in Burkina Faso’s Boucle du Mouhoun region, has suffered mounting insecurity in recent months from Islamist armed groups and terrorists. Attacks have left hundreds of local dwellers displaced.
This latest disclosure comes just weeks after President Brice Clotaire Oligui Nguema broke ground on the project in March 2024.
EBOMAF has also been tapped to lead the development of Libreville 2 — a brand-new city designed for smart living and sustainable growth.
The funds will be channeled through Bonkoungou Distribution (BKG), a subsidiary of Mahamadou Bonkoungou’s EBOMAF.
Burkinabe tycoon Mahamadou Bonkoungou strengthens ties with military support.
This new acquisition represents a major milestone for the company. From the outset of its operations one year ago, LIZ Aviation had announced its expansion fleet to four aircraft.
The newly introduced car reservation platform, operating under the subsidiary Bonkoungou Distribution (BKG), strengthens Bonkoungou’s presence in Togo.
The facility aims to address the shortage of medical-technical facilities within Burkina Faso, evident during the challenges posed by the COVID-19 pandemic.
Burkina Faso’s richest man Mahamadou Bonkoungou and the country’s leader Ibrahim Traore are said to be at war.
Mahamadou Bonkoungou, Burkina Faso’s richest man, is the founder of the EBOMAF Group
Bonkoungou acquired IB Bank in Togo last December.
Bonkoungou Distribution operates as a subsidiary of EBOMAF Group, a construction group founded in 1989.
Tahari is a renowned banking executive and former Societe Generale Burkina employee.