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Guinea

Guinea

Population: 12.72 mn.
GDP: $10.49 bn.
Debt: $1.49 bn.

news from Guinea

Category: all

Found 137 articles.

Displaying 41-50 out of 137 results.

Shocks and ore bodies

This year, President Alpha Condé has consistently attempted to reassure investors that major projects, especially in mining, will go ahead as planned. ‘We are doing our best to hel...


Torture in the dock

The trial of soldiers accused of attempting to assassinate President Alpha Condé is not going well for the prosecution. The principal defendant, an officer called Alpha Oumar Boffa...


Simandou setbacks

The Simandou project, which will develop Africa’s largest-ever iron-ore mine, has hit new trouble and Guinea looks for more help from Asia

On 15 March, Guinean President Alpha Condé sent a message of congratulations to China’s new leader, Xi Jinping. Apparently, the President had not yet fully digested the bad news de...


Miners get bad reviews

Beny Steinmetz Resource Group and Rusal are in the government’s sights as it prepares to publish its review of the major mining contracts

A review of Guinea’s biggest mining contracts due this month will raise new questions about the future of the US$10 billion Simandou iron-ore project. The report will also test the...


Sam with a plan

The fog around Samuel Mebiame is clearing. His signature appears,along with those of ministers Mohamed Lamine Fofana and KerfallaYansané, on the controversial loan Guinea took from...


A new battle to control the mines

The collapse of an opaque scheme to set up a multi-billion dollar national mining company prompts recriminations in Conakry and South Africa

The Guinean government’s decision this week to shut down a bid by South African businessmen who wield high-level political connections, to run its national mining company follows g...


The Italian job

A favourite of the old regime risks losing his property fortune under the new one

Guido Santullo grew rich on government business while his patron Lansana Conté was President of Guinea. Now, the government has requisitioned his property complex and he threatens ...


Condé looks East and West

Rivalries among conglomerates – Western and Chinese – intensify as the President looks for development funds

Multinational corporations and anti-corruption activists are jockeying for influence in Conakry as President Alpha Condé talks to the China Development Bank about finance for a US$...


Displaying 41-50 out of 137 results.