Financial Crime World

Beneficial Ownership Transparency in Burkina Faso: EITI Seeks Consultant to Strengthen Stakeholders’ Capacity

The Extractive Industries Transparency Initiative (EITI) has launched a bid for a consultant to support stakeholders in building their capacity to collect, disclose and analyze data on beneficial ownership in the extractive sector in Burkina Faso. The mission aims to strengthen EITI reporting through the development of declaration forms for beneficial ownership and politically exposed persons tailored to the Burkinabe system.

Mission Objectives

  • Strengthen institutional capacities in Burkina Faso for the collection and certification of beneficial ownership data
  • Develop declaration forms for beneficial ownership and politically exposed persons tailored to the Burkinabe system

Consultant Requirements

Technical Proposal

  • Outline experience and proposed methodology
  • Provide a work plan, including key milestones and deadlines
  • Highlight qualifications and competence of key experts

Financial Proposal

  • Lump sum estimate of all costs associated with the project

Proposal Submission

Proposals must be delivered by email to skasimova@eiti.org by close of Wednesday 15 June 2022.

Questions and Answers

Questions related to the project can be submitted to the same address by no later than Wednesday 8 June, and responses will be made available on the EITI website.

About EITI

The Extractive Industries Transparency Initiative (EITI) is a global standard that promotes transparency and accountability in the extractive industries. By becoming an EITI member, countries agree to disclose information on how extraction rights are awarded, how revenues make their way through government, and how they benefit the public.

Benefits of EITI Membership

  • Promotes understanding of natural resource management
  • Strengthens public and corporate governance and accountability
  • Provides data to inform policymaking and multi-stakeholder dialogue in the extractive sector

Burkina Faso’s Commitment to EITI

Burkina Faso joined the EITI in 2016, committing to disclose information along the extractive industry value chain.

Over 50 countries have joined the EITI, with each country having its own multi-stakeholder group composed of government, companies and civil society supporting implementation of the EITI Standard.