Bauxite

Ivory Coast
Ouattara allies squabble over Bougouanou bauxite

The mining project launched by Moumouni Bictogo has prompted rifts between shareholders close to the presidential party, and the affair has now gone to court following a complaint by Ivorian businessman Léo Guigui.

Guinea
Ex-minister Kanté sent for trial over alleged bauxite fraud

Former mines minister Ahmed Kanté now heads GIC, a mining company which controls a major bauxite mining project in Boké. He is having to defend himself, however, against an accusation that he abused the confidence of his former Russian partner, Alexander Zotov.

Guinea
Bauxite: Chalco under pressure to restart production in Boffa

Three ministers travelled to Boffa in mid-November to try and resolve the dispute between the Chinese group's local subsidiary, its employees and local communities. Production stopped at the site on 23 October and the government wants it restarted urgently.

The New Guard
Guinea, Kenya, Ethiopia

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

GuineaAboubacar Sidiki Kanté, lawyer and fixer to miners and industry

KenyaBeatrice Waruinge, ‘cinemactivist'

EthiopiaCherinet Hariffo, active in the diaspora

Guinea
Bauxite: bitter legal battle between Bel Air Mining and former deputy CEO

Alufer Mining's subsidiary is struggling with financial problems after being fined over the recent sinking of a bauxite barge. It now finds itself embroiled in a legal battle and has appointed a former Alpha Condé minister as its executive director.

Guinea
Ministry of Mines approves sale of SBG

Minister of Mines Moussa Magassouba approved the sale of Société des Bauxites de Guinée to Kouroussa Mining, owned by Mamady Nabé.

Egypt
Egypt lures foreign steel investment as local firms struggle

The Egyptian government is encouraging the arrival of foreign investors in the steel industry. Local companies, which are already struggling to cope with rising steel prices, are concerned about this new competition.

Spotlight | Guinea
Monaco Resources Group's scheme to ditch mining assets

Metalcorp has sold its majority stake in Société des Bauxites de Guinée without informing its co-shareholders. This sale occurred only months after Metalcorp, a highly indebted subsidiary of Monaco Resources Group, was discreetly taken out of the conglomerate.

Guinea
Winning seeks fresh bauxite in Boffa corridor

The Singaporean mining logistics giant has partnered with Guinean mining companies Kimbo and GIC to help it meet growing Chinese demand. Its Chinese rival COSCO, in partnership with Chalco and SD Mining, is also present in the region.

Guinea
Barry Angola relaunches bauxite project with junta's backing

After years of conflict with his Emirati partner, Barry Angola is now the sole owner of the Gaoual-Télimélé mining licence. But despite his grandiose ambitions, his bauxite projects are likely to get off to a relatively modest start.

Guinea
Doumbouya pressures Emirati firm GAC over alumina refinery

The leader of the Guinean junta has decided to reduce Guinea Alumina Corporation's bauxite production to force the Emirati giant to respect its pledge to build a local refinery.

Guinea
Friedland executives and lobbyists battle Jindal over Nimba project

Magnate Robert Friedland's representatives in Conakry sent letters to Guinean junta leader Mamadi Doumbouya and Jindal's management, declining to sell their Nimba iron ore deposit to the Indian group, although the mining project is struggling.

The New Guard
Kenya, South Africa, Morocco, Guinea

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

KenyaMary Mutula, from reality TV to activism

South AfricaChrispin Phiri, justice ministry spokesman and rising ANC star

MoroccoSamia Jlil, co-founder of Women For Cyber Africa

GuineaMambi Magassouba combines mining and writing novels

Guinea
AMR co-founders Romain Girbal and Thibault Launay quietly exit Guinea

The two founders are selling their stakes in the AMR mining company to devote themselves to metaverse projects in Dubai and Lisbon. The current CEO, Sonny Doumbouya, is set to become its largest shareholder in the Conakry-approved takeover.