Burkina Faso’s government has approved a draft bill that would require large companies to establish their headquarters within the country.

The measure, adopted Thursday during a Council of Ministers meeting, is part of efforts to boost domestic investment and ensure stronger local economic participation.

According to Minister of Economy Aboubacar Nacanabo, the move is expected to attract more capital and help accelerate the urbanization of cities across the country.

If passed, the law could reshape how multinational firms operate in Burkina Faso, strengthening ties between business growth and national development.