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GUINEA

Junta leader Doumbouya forms government but retains tight control of mining sector

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“Transition in Guinea: what's next after the coup?”

GUINEA

Transition in Guinea: what's next after the coup?

The coup that ousted Alpha Condé on 5 September 2021 in Guinea has ushered in a period of instability, despite the putschists' reassuring words from the start. There is much at stake over the coming months as leaders jostle for power and political alliances take shape, and pressing questions over the mining industry and international partnerships come to the fore. [...]

Junta leader Mamady Doumbouya. © Xinhua News Agency/Newscom/MaxPPP

Having arrived in power after staging a coup against Alpha Condé, Mamady Doumbouya has now put the finishing touches to his government. But the mining portfolio, the most important in the country, has been divested of some its key prerogatives, ensuring that the junta leader remains in firm control of the engine room of the Guinean economy. [...] (463 words)

Issue dated 12/11/2021 Reading time 2 minutes

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Receive free prompts for these topics

GUINEA
Abdoulaye Magassouba
Agence nationale d'aménagement des infrastructures minières
Aissata Beavogui
Alpha Condé
AngloGold Ashanti
Bachir Diallo
Biro Diallo
Centre de promotion et de développement minier
Compagnie des bauxites de Guinée
Dynamic Mining
Guinea Alumina Corp
Maersk
Malick N'diaye
Mamadi Doumbouya
Mariama Cire Sylla
Mohamed Béavogui
Mohamed Lamine Sy Savané
Monaco Resources
Moussa Magassouba
Rio Tinto
Société AngloGold Ashanti de Guinée
Soguipami
World Bank

UK tries to maintain influence in Conakry despite heavy cut in its aid budget

In less than a year, the level of British government funding in Guinea has been lowered by three quarters as a result of Boris Johnson's government's decision to reduce development aid. The UK is still trying to defend its interests in the country, but is finding it difficult. [...]

British ambassador in Guinea, David McIlroy, visiting Beindou, in the center of the country. © Twitter/@david_mcilroy

GUINEA 14/04/2022

Subcontracting exchange strives to expand

For the past three years, the platform has been putting mining operators and service companies in touch with each other. It now faces an uphill battle to achieve its ambitions for growth and diversification. [...]

GUINEA 08/04/2022

Conakry keen for greener mining projects

The interim prime minister and his staff want to improve the extractive sector's respect for the environment through stricter enforcement of relevant contractual obligations. [...]

Ownership of the Fria Base building in Conakry (located on the map) is claimed by the Agence nationale d'aménagement des infrastructures minières (Anaim). © Google Maps

Focus

GUINEA 04/04/2022

State agencies hungry for new public real estate assets

The current leaders in Conakry are throwing themselves into a race to regain control of illegally acquired public assets, targeting political opponents, businesses and multinationals alike. State agencies are pushing each other out of the way to get ahold of the seized assets. [...]

GUINEA 29/03/2022

Emirati GAC's bauxite output goals resting on railway upgrades

The Emirati group has been increasing production at its Guinean bauxite mine every year since it opened and hopes to reach a new threshold thanks to upgrades on the railway system it uses to transport ore to its port. [...]

GUINEA 14/03/2022

Doumbouya taps 'civilian' minister Mory Condé to lead electoral reform

Guinean junta leader Colonel Mamadi Doumbouya is considering reforming the country's electoral system in the coming months. He is expected to ask Territorial Administration Minister Mory Condé to begin the task. [...]

Guinea's Territorial Administration Minister Mory Condé. © Moryconde.com

GUINEA 07/03/2022

Rio Tinto's Bold Baatar negotiates with Winning Consortium on Simandou iron collab

The Rio Tinto representative arrived in Conakry a few days ago to discuss with Winning Consortium potential collaborations on the Simandou iron project's infrastructures. [...]

Bold Baatar, Rio Tinto's director of copper operations. © Rio Tinto

GUINEA 14/02/2022

CBG's bauxite blasting in mediator's spotlight

The World Bank's mediation entity is seeking an independent expert to help resolve a dispute between bauxite producer CBG and people living near its mines who are unhappy with the level of compensation paid for damage to their health and livelihoods. [...]

GUINEA MEXICO 07/02/2022

Mexican firms to go prospecting for business in Guinea

Guinea's honorary consul in Los Angeles, Jordan Garcia, is preparing a visit by Mexican investors and business leaders to Conakry. In the wake of the September coup d'état, the delegation is keen to find out more about potential business opportunities in the country. [...]

GUINEA 06/01/2022

Doumbouya seeks to claw back state assets on Conakry coast

Already bent on recovering several Guinean state assets, Mamady Doumbouya's junta also wants to expropriate two large estates built by private developers on Conakry's coastline, arguing that the land was improperly leased from the state. [...]

GUINEA 21/12/2021

Rio Tinto moves ever closer to power

If Guinea's authorities once expressed impatience over the mining giant's slowness in dealing with the Simandou iron ore project, the situation has changed. Some of the firm's former employees are now being given prominent positions in the new administration, and one of them has very close ties to the presidency. [...]

GUINEA 17/12/2021

Dynamic rejoins race to produce bauxite

After a hiatus caused by a dispute with neighbours, India's Dynamic Mining is set to resume building its bauxite mine and related infrastructure early next year. [...]

GUINEA 16/12/2021

The key issues stopping Doumbouya's junta from letting Condé leave Guinea

Though member countries of ECOWAS once again demanded Alpha Condé be authorised to leave the country at its 12 December summit, Mamadi Doumbouya's junta is keeping him under house arrest as they look, among other issues, into his finances. [...]

Guinea's deposed president Alpha Condé, in 2017. © Wu Hong/Pool/EPA/Newscom/MaxPPP

GUINEA 10/12/2021

Guinea's mining agency points finger at state power company and army in memo to Doumbouya

In November, Guinea's mining agency ANAIM presented its operations and projects to new president Mamady Doumbouya. MD Lamine Cissé highlighted the money it is losing due to the shortcomings of the public electricity company and the army's demands. [...]

ANAIM director Lamine Cissé. © Facebook/Lamine Cissé

GUINEA 28/09/2021

Battle begins for top mining ministry job

The post of mines and geology minister, which involves overseeing Guinea's biggest economic sector, is highly coveted. With efforts currently under way to form a first post-coup government, it is attracting a lot of applicants. [...]

GUINEA 15/07/2021

Dynamic Mining to use Monaco Resources staff for its bauxite mine

India's Dynamic Mining has just hired the former operations manager of Monaco Resources' subsidiary SBG, not long after it also hired its infrastructure planner, in the hope that its Bon Ami bauxite mine will soon be operational. [...]

GUINEA 07/07/2021

Revamped mines ministry takes Soguipami back from Alpha Condé

The recent reorganisation of Guinea's mines ministry appears to have put it in charge once again of state-owned Soguipami. It also created several departments to help the country's key mining sector catch up with the modern world. [...]

The Minister of Mines Abdoulaye Magassouba (left) and his secretary-general, Saadou Nimaga. © Ministry of Mines and Geology of Guinea

Inner circles

GUINEA 07/05/2021

Magassouba and Nimaga, the dynamic duo running the mining ministry

Abdoulaye Magassouba has been reappointed as Minister of Mines and Geology in Alpha Condé's first third-term government. His dominant position as head of the sector which brings in the most revenues for the state often comes under challenge, however, from the ministry's all-powerful secretary general, Saadou Nimaga. [...]

Receive free prompts for these topics

GUINEA
Abdoulaye Magassouba
Agence nationale d'aménagement des infrastructures minières
Aissata Beavogui
Alpha Condé
AngloGold Ashanti
Bachir Diallo
Biro Diallo
Centre de promotion et de développement minier
Compagnie des bauxites de Guinée
Dynamic Mining
Guinea Alumina Corp
Maersk
Malick N'diaye
Mamadi Doumbouya
Mariama Cire Sylla
Mohamed Béavogui
Mohamed Lamine Sy Savané
Monaco Resources
Moussa Magassouba
Rio Tinto
Société AngloGold Ashanti de Guinée
Soguipami
World Bank

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Junta leader Doumbouya forms government but retains tight control of mining sector