Ouagadougou: The Chief of Staff to the Prime Minister, Comrade Mamadou Demb©l©, officially installed Comrade Ernest Kabor© as the Technical Secretary in charge of monitoring the portfolio of State participations and its subdivisions in economic entities (ST/SPPE) on Thursday, June 25, 2026.
According to Burkina Information Agency, the ST/SPPE was established by decree on February 26, 2026, as a strategic entity to manage, monitor, and maximize the value of state-owned enterprises' holdings. Ernest Kabor©, appointed by the Council of Ministers on May 21, 2026, officially took on the leadership role in the presence of colleagues, associates, family, and friends.
During the ceremony, Comrade Mamadou Demb©l© highlighted the importance of the ST/SPPE's mission. He noted that the creation of this structure indicates the State's commitment to ensuring active, coherent, and effective management of its investment portfolio. The reform seeks to optimize public portfolio management, secure state assets, reduce structural overlaps, and enhance public enterprises' contributions to the national economy.
The Chief of Staff urged the new Technical Secretary to drive the country's transformation through sound, responsible, and results-oriented governance. He emphasized the need for professionalism, creativity, and team management, assuring full support from the hierarchy.
Upon assuming his duties, Comrade Ernest Kabor© expressed gratitude to the authorities for their trust. He acknowledged the significance of his responsibilities, emphasizing the importance of managing public funds to boost national development. Kabor© highlighted the Government's intent to use the public portfolio as a developmental tool, promising to build a modern, efficient system that serves the public interest.
The new Technical Secretary also paid homage to previous managers of the public portfolio and expressed his commitment to collaborative work with stakeholders to tackle challenges in monitoring and maximizing the value of state-owned assets.
Through this appointment, the Government aims to utilize the strategic steering instrument of monitoring state holdings to foster growth, enhance economic performance, and strengthen national sovereignty.