Apollinaire Compaoré

Apollinaire Compaoré
Born
Apollinaire Timpiga Compaoré

(1953-07-19)19 July 1953
Koassa, French Upper Volta, French West Africa
Died14 May 2026(2026-05-14) (aged 72)
OccupationBusinessman

Apollinaire Timpiga Compaoré (19 July 1953 – 14 May 2026) was a Burkinabè businessman.[1]

Life and career

Born in Koassa on 19 July 1953, Compaoré grew up in a peasant family and became a venture capitalist, selling lottery tickets before venturing into resale and wholesale.[2] In 2004, he founded Planor Afrique, a multisector conglomerate.[3] The group held 15 subsidiaries across West Africa, including Wendkuni Bank International, Telecel Faso, UAB Assurances, Burkina Moto, Faso Crédit, Burkina Transport, SKI, Sodicom, SBE, Garage Madeleine, ATEL (Telecel Mali), and NAFA Logistics. In June 2023, he launched FASO Créduit, a microfinance institution.[4][5] He also held minor stakes in other companies in West Africa, such as SONAR and MTN Côte d'Ivoire.[6] Until 2018, he served as chair of the Conseil national du patronat burkinabé.[7][8] In 2024, Telecel Faso launched Mobile Money, a service for fast and secure financial transactions, positioning itself as a competitor to the major French and Moroccan telecom giants.[9]

According to the Organized Crime and Corruption Reporting Project, Compaoré was complicit in several scandals, including smuggling cigarettes and attempting to bribe a Malian government official.[10]

Compaoré died on 14 May 2026, at the age of 72.[11]

References

  1. ↑ "Burkina : L'homme d'affaires Appolinaire Compaoré est décédé". LeFaso.net (in French). 14 May 2026. Retrieved 15 May 2026.
  2. ↑ "Apollinaire Compaoré, homme d'affaires: « Je suis dans l'activité de la cigarette en toute légalité »". Sidwaya (in French). 15 September 2021. Retrieved 15 May 2026.
  3. ↑ Clémençot, Julien (1 January 2018). "Planor Afrique : Apollinaire Compaoré, l'opiniâtre". Jeune Afrique (in French). Retrieved 15 May 2026.
  4. ↑ Mbadi, Omer; Oury Diallo, Amadou (21 March 2018). "Pourquoi les entrepreneurs africains investissent dans les banques". Jeune Afrique (in French). Retrieved 15 May 2026.
  5. ↑ "Au Burkina, la banque d'Apollinaire Compaoré démarre ses activités en grande pompe". Jeune Afrique (in French). 2 July 2018. Retrieved 15 May 2026.
  6. ↑ "Apollinaire Compaoré, l'homme qui a forgé son destin". LeFason.net (in French). 29 November 2016. Retrieved 15 May 2026.
  7. ↑ "Apollinaire Compaoré". Choiseul Africa (in French). Archived from the original on 25 September 2022.
  8. ↑ Coulibaly, Nadoun (12 November 2023). "Bio-Tchané, Nignan, Tani Ilboudo… Les artisans de la fortune du burkinabè Apollinaire Compaoré". Jeune Afrique (in French). Retrieved 15 May 2026.
  9. ↑ Hajbi, Maher (26 December 2024). "Mobile money : Apollinaire Compaoré prêt à bousculer l'hégémonie d'Orange et de Moov au Burkina Faso". Jeune Afrique (in French). Retrieved 15 May 2026.
  10. ↑ "Apollinaire Compaore". Organized Crime and Corruption Reporting Project.
  11. ↑ "Burkina : décès de l'homme d'affaires Appolinaire Compaoré". Bamada.net (in French). 15 May 2026. Retrieved 15 May 2026.