Burkinabe tycoon Mahamadou Bonkoungou opens new showroom in Burkina Faso

Bonkoungou Distribution, a Burkina Faso-based distributor of heavy and light machinery for the construction, mining and quarrying sectors, has opened a new showroom in Ouagadougou, Burkina Faso’s capital city, as it seeks to consolidate its position in the construction sector.

Bonkoungou Distribution is a subsidiary of the EBOMAF Group, which was established in 1989 by Burkinabe businessman Mahamadou Bonkoungou to assist manufacturers in the development of the West African economy.

The new showroom is part of a deliberate effort to complement the distribution firm’s partnerships with leading global brands and will build on its existing operations.

According to Bonkoungou, CEO of the distribution company, Bonkoungou Distribution is well established internationally, with a large showroom in Togo.

He went on to say that the young company, which is the brainchild of his son, Bachir Bonkoungou, is currently valued at XAF50 billion ($83.5 million), and will focus on distributing heavy equipment and spare parts to contribute to innovation in the civil engineering and mining sectors.

Mathias Ouedraogo, a representative of the general manager of Bonkoungou Distribution, stated that the new facility will bring about efficient innovation in the worlds of civil engineering, mining and quarrying in Burkina Faso, in addition to the “120 direct jobs and more than 200 indirect jobs” that will be created through the operations of the new showroom.

“This new structure will restore hope, competitiveness, and innovation to the world of civil engineering, mining, and quarrying in Burkina Faso,” he said.

He revealed that the showroom, which will be supplied from all around the world – Belgium, China, the United States, Turkey, the Netherlands and France – will feature an impressive logistics park based on cutting-edge technologies, including spare parts, ground attack and filtration tools.

Experts believe the new facility will strengthen EBOMAF’s operations in Francophone Africa, as the group embarks on a strategic expansion plan that will expand its footprint across key sectors in the region.

IB Holding, an investment holding linked to EBOMAF Group, completed the acquisition of Togolese Bank for Commerce and Industry in December 2021, transforming BTCI into International Business Bank Togo.