Burkina faso govt has done alot of ground work to help improve the conditions conducive to mining and mining investment.
Many decades of stable govt (a rare thing in africa) , new taxation framework, lower royalties than most, lower tax rate than most, investment in required infrastructures and incentives for new projects with a sliding royalty rate.
I think they have done enough to warrant being granted a lower sovereign risk than other African countries (and australia for that matter)
Burkina govt realises they are part of the new resources fronteer, and must step lightly to not scare away the money starting coming in.
Look at the projects getting caned in Aust because of the current tax regimes. And there will be more. And more $$ moving to the likes of mining friendly juristictions like Burkina faso.
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