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Aksa Energy has added a new investment to its sustainable high-growth strategy in Africa by signing a 20-year guaranteed power purchase agreement with Sonabel, the national electricity utility of Burkina Faso. The company will commission a 119 MW power plant in Ouagadougou, the capital of Burkina Faso, in the last quarter of 2026.
As Türkiye’s largest publicly traded independent power producer, Aksa Energy continues to expand its strategic footprint across Africa. Under the agreement signed with Sonabel (La Société Nationale d’Electricité du Burkina), Aksa Energy will build and operate a 119 MW fuel-oil-based power plant in Ouagadougou.
This new investment aims to meet Burkina Faso’s growing electricity demand with reliable and uninterrupted supply while contributing to the long-term enhancement of the region’s energy security. The project is also expected to support local supply chains and employment during both construction and operational phases.
"Building the Energy Future of Africa"
Commenting on the agreement, Aksa Energy Chairman and CEO Cemil Kazancı stated:
"This strategic step we have taken today is a strong reflection of our long-term value creation vision in Africa. To support Burkina Faso’s energy security goals, we will deploy our most efficient and rapid solutions by leveraging Aksa Energy’s experience and technical capabilities. Just as we have successfully delivered previous projects across the continent, we are confident that we will achieve the same success here. As in our other projects, this agreement is long-term and foreign-currency based. Once again, I would like to emphasize that Aksa Energy continues to make a difference in every geography where we operate, thanks to our strong financial structure, robust engineering capabilities, and over 25 years of experience."
As a global power in the energy sector, Aksa Energy continues to strengthen its sustainable growth strategy with new international agreements. Following its projects in Ghana, Senegal and Gabon, the company is now expanding its presence on the continent with its new investment in Burkina Faso.
