For the past few weeks, the cost of staples such as bread, rice and sugar has been rising. In an effort to maintain his popularity, the new president has promised to cut import taxes, but the move could backfire.
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.
Australian mining giant Rio Tinto is trying to assert its interests in the Simandou iron project over those of Winning Consortium, which is reputedly close to the president ousted in a coup in September, Alpha Condé.
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.