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ALL ARTICLES GUINEA

Oil & gas 26/02/2021

Ex-Tullow Oil boss Paul McDade's new life

Since being forced into retirement a year ago, Paul McDade has embarked on a new adventure in west African oil thanks to Sterling Energy and is now keen to start buying assets. [...]

Business 25/02/2021

Strauss-Kahn pursues his business prospecting marathon in Cotonou

Former International Monetary Fund managing director Dominique Strauss-Kahn, who now heads his own Parnasse International consulting company, has been in the Beninese capital, Cotonou, since Sunday 21 February. [...]

Mining Road and rail 24/02/2021

Feasibility studies approved for Santou and Houda, making SMB's railway look all the more profitable

SMB's Boffa-Boké Bauxite Project ©Africa Intelligence/Indigo Publications 2021

Mining Road and rail 22/02/2021

South Africa's Ronnie Ntuli challenges Chinese monopoly on mining railway

Thelo DB, a company chaired by South African businessman Ronnie Ntuli, has been approaching iron ore and bauxite explorers in Guinea to offer rail solutions for their future exports, a sector that has until now been dominated by Chinese giants. [...]

Business Defence 18/02/2021

Erstwhile military ops stalwart ICS faces liquidation

International Chartering Systems (ICS) boss Philippe de Jonquières, whose firm has carried out countless airlifts for the French military, plans to shut down the company after nearly four years of judicial investigation that has failed to lead to an indictment. [...]

Business 18/02/2021

From posh presidential jets to cargo planes, Bonkoungou has something for everyone

Chadian President Idriss Deby welcomes his Burkinabé counterpart Roch Marc Christian Kabore to N'Djamena on 15 February. ©@MIdrissDebyItno/Twitter

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GUINEA

Running story Politics

Erdogan sets out to conquer Africa

Keen to reassert Turkey's international status, and also to help Turkish companies to break into the African market, the Turkish president Recep Tayyip Erdogan has been spearheading a major diplomatic and business drive in West and North Africa. [...]

Mining 17/02/2021

Talks with government hamper SPIC's bauxite beginning

China's SPIC International & Development (Guinea) Co has not been able to start bauxite production trials on its Coliah site. [...]

Mining 15/02/2021

Winning Consortium appoints the companies that will carry out the Simandou 1 and 2 impact studies

Winning Consortium has chosen the companies which will assess the environmental and social impact of the development of blocks 1 and 2 of the Simandou iron ore project. [...]

Running story Mining

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which is generally seen as having some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. [...]

Mining 11/02/2021

BSGR and Vale continue Simandou war by other means

After the conviction of its former partner Beny Steinmetz in Switzerland, the Vale group, which itself is suing the businessman, has launched a PR campaign to try to bounce back. The Israeli tycoon is using the same tactics. [...]

Business 08/02/2021

Financial intermediary Lilium Capital targets opportunities in agriculture

Best known in Guinea for its banking activites, financial intermediation specialist Lilium Capital, which works out of New York and Burkina Faso, is looking at projects in agriculture, a sector getting strong support from President Alpha Condé. [...]

Mining 03/02/2021

Heeney Capital takes a shine to gold mining in Siguiri Free

A freshly-created subsidiary in Guinea helps Heeney Capital reinforce its presence in gold mining. [...]

Congolese President Denis Sassou Nguesso, who chairs the Grande Loge du Congo.

Politics 02/02/2021

Africa's masonic grand masters using square and compasses for political gain

Although they forbid both atheism and political debate, Africa's so-called "regular" masonic lodges, led by Congolese President Denis Sassou Nguesso, are being torn apart by the political ambitions of their grand masters. [...]

Business 01/02/2021

From Michael Jackson to Ghana's elite, Nicky Wilson's networks stretch far and wide

The mysterious and influential Togolese businessman Nicky Wilson is close to all of Ghana's decision-makers and knows numerous African presidents. [...]

Mining 01/02/2021

Endeavour Mining's new acquisition, Semafo, made to pay its debts

Canadian gold producer Semafo, bought by Endeavour Mining last year, has been ordered to pay sums owed to a transporter that worked on its mines in Burkina Faso, Guinea and Niger. [...]

Diplomacy 01/02/2021

Embaló's hush-hush campaign for ECOWAS chair

President Umaro Sissoco Embaló is working the region to pave his way to the chairmanship of the regional bloc. [...]

Meeting between Dominique Strauss-Kahn (left) and Guinea Bissau head of state Umaro Sissoco Embaló, Bissau, 15 January.

Business 29/01/2021

Strauss-Kahn pitch to Embaló

In Bissau on 15 January to meet with President Umaro Sissoco Embaló, the former International Monetary Fund managing director Dominique Strauss-Kahn has offered to help Guinea Bissau raise Chinese funding for infrastructure projects. [...]

Loading of bauxite from CBG's Sangaredi mine.

Focus Mining 25/01/2021

Conakry seeks to make Monaco Resources go-to firm for bauxite trade

The Guinean government, pushing pooling in the mining sector to the extreme, is seeking to impose Monaco Resources as the go-to firm for marketing bauxite produced by firms less experienced in trading. The move comes as mining companies are experimenting with sharing capacity or infrastructure, an often fraught process. [...]

Former managing director of the International Monetary Fund (IMF) Dominique Strauss-Kahn.

Business 20/01/2021

Strauss-Kahn turns to Bissau as he scrabbles for new contracts

Having failed to take advantage of the G20's debt suspension initiative, which brought in new African contracts for all his competitors, former International Monetary Fund managing director Dominique Strauss-Kahn is now offering his services as a consultant in Africa's smallest capitals. [...]

Mining 20/01/2021

Cécé Noramou, ready to retire from mining ministry, launches consulting firm

As Cécé Noramou, technical advisor to Guinea's ministry of mines, awaits his imminent retirement, he is finalising a project to decide upon the best approach for relocating, resettling, and compensating people affected by mining projects. [...]

Spotlight Mining 15/01/2021

With China all over Guinean bauxite and iron ore, investors target Sierra Leone

Congestion around Guinea's mines and fears of political unrest have prompted certain companies to explore neighbouring Sierra Leone, whose resources are as yet largely undeveloped. [...]

Mining 13/01/2021

Anglogold Ashanti en route to boost Siguiri gold production by mid-year

The road connecting Siguiri gold mine's block 2 to the site's ore processing unit is expected to be completed by the middle of this year. This will enable operations to begin at the block. [...]

South African mining magnate Patrice Motsepe.

Diplomacy 13/01/2021

Billionaire Patrice Motsepe goes all in for African football's top job

On 12 March, the Confederation of African Football will elect a new president and South African mining magnate Patrice Motsepe is busy pulling strings to give the role his best shot. [...]

Politics 13/01/2021

Guinean opposition seeks help from French lawyers Klugman and Terel after wave of arrests

Patrick Klugman and Ivan Terel are to travel to Guinea this week to help an association of lawyers created by Cellou Dalein Diallo's UFDG party. [...]

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