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Vol 3 (AAC) No 1

Published 1st November 2009


Guinea

The junta rewards new friends

Conakry begins stripping foreign companies of mining and oil assets for its Chinese partners as those partners turn towards Zimbabwe

While some were left asking if the US$7 billion deal signed by the China International Fund and its sister company China Sonangol International in early October had actually been awarded, the companies have been granted many of their licences and have begun funnelling money into the coffers of the ruling military junta of Guinea.

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