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Guinea: Military Junta Spooks the Mining Sector
DW, 23 March 2022
Mining is a key driver of economic growth in Guinea. But the military junta's unyielding approach toward a major iron ore project could be doing the country more harm than good. Read more »
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Guinea: Sanctioning Hizballah Financiers in Guinea
State Department, 4 March 2022
The United States is designating two Hizballah financiers operating in Guinea: Ali Saade and Ibrahim Taher. This action will help disrupt Hizballah's business network in West… Read more »
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West Africa: UNOWAS and ECOWAS Conclude a Joint Mission Guinea.
New Dawn, 1 March 2022
The Special Representative of the Secretary-General and Head of the United Nations Office for West Africa and the Sahel (UNOWAS), Mahamat Saleh ANNADIF, Mr. Jean Claude Kassi Brou,… Read more »
Guinea Junta Causes Jitters, Demands Answers From Mining Sector
Since seizing power in September 2021, Guinea's military junta has increasingly attempted to streamline mining activities and agreements to benefit what leaders have repeatedly dubbed as 'Guinea's interests'.
Guinea is the world's second-largest producer of bauxite, a main source of aluminum. According to the World Bank, Guinea's mining sector contributes approximately 35% to the country's GDP. But the recent upheavals in the sector could threaten the future of the industry.
Anglo-Australian mining giant Rio Tinto and its partners, have been ordered to stop all work on the vast Simandou iron ore project after junta leader and Interim President, Mamady Doumbouya requested that mines clarify how the sector will preserve Guinea's national interests.
The provisional government said that any developer of the mine must also build a railway from Simandou, in the southeast of the country, to the port of Conakry to ship their product overseas. If they do not comply, developers will risk losing the project.
With the future of the Simandou project in doubt, economist Mamady Fanta Keita, warned of potentially devastating consequences for Guineans.
InFocus
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A national conference in Burkina Faso has adopted a charter that will allow the junta that seized power in the West African state in January, 2022 to lead a three-year transition. ... Read more »
Daily blasts shake the Debele mine in the province of Kindia in western Guinea-Conakry. The workers use dynamite to blow up the quarry rock. The rock is made up of bauxite ore, one of the main components for aluminium production (File photo).
