Category Archives: Guinea News

Guinea News

Africa Finance Corporation: Sole Investor in Guinea’s Bauxite Exploration with $205m

africa finance corporation Africa Finance Corporation (AFC) has announced that a plan to invest 205 million USD in Guinea as an effort to help boost mineral exploration in the country through Alufer Mining Company (a Guinea based mineral exploration company) at their high grade bauxite reserve, Bel Air mine. The Bel Air mine is targeting release its first production by 2019 with an expected 10 million tonnes a year. The global bauxite supply is currently falling deficit to growing demand and thus, the development of AFC will increase production to contribute to global demand.

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Marriott International debuts First Hotel in West Africa with Sheraton Grand Conakry

Marriott International debuts First Hotel in West Africa with Sheraton Grand Conakry

Sheraton Hotels & Resorts(www.StarwoodHotels.com/sheraton), part of Marriott International, Inc. (www.Marriott.com), announced the debut of Sheraton Grand in Africa with opening of Sheraton Grand Conakry (www.SheratonGrandConakry.com), welcoming it to the brand’s premier tier of hotels recognized for their exciting destinations, distinguished designs, and excellence in service and guest experiences. The newly built hotel marks Marriott International’s entry into Guinea, West Africa and joins a portfolio of more than 35 Sheraton Grand properties worldwide, with destinations spanning Istanbul, Dubai, Bangalore, Beijing and beyond.

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InterCEL + and Cambridge Broadband Networks (CBNL) build breakthrough Wireless Network to boost Broadband in Guinea

The project is set to provide a significant boost to local economies across Guinea, offering businesses affordable access to fibre-like broadband speeds that enable a wealth of advanced communications

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UK Trade Mission visit in Guinea

A UK trade delegation visited Guinea from October 31 to November 3, 2016 to meet with local mining companies. The objective of this mission was to meet with mining stakeholders in Guinea to find business and partnerships opportunities. The delegation included representatives of some companies such as Concrete Canvas, PW Mining International Limited, SRK Consulting, Joy Global, MonuRent and the UK International Trade Department.

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Commodities, Rainfall, Instability Biggest Challenges —African Ministers

  • Rising inflation, drops in currency due to political instability
  • Low commodity prices adding to fiscal pressures
  • Help from international community “paramount”

Low commodity prices, climate change, and insecurity are forcing many countries to make significant fiscal adjustments, African finance ministers said during the IMF-World Bank Spring Meetings in Washington D.C.

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The Diamond Industry and African Socio-Economy

Neoliberal reforms in Africa, increasing global commodity prices and rising global resource demands have led to significant economic turnovers within the recent past decade for some African nations – Libya, Ivory Coast, Ghana, Nigeria, Liberia, Sierra Leone, South Africa, Egypt, among the rest .  In accordance, there has been a substantive growth in the extractive industry investment, especially in sub-Saharan Africa. A surge of investment within extractive industry has brought about a diverse number of feedback in mineral-rich countries. In Ghana, there has been a boom investment towards artisanal mining while violating national mining principles and regulations and also neglecting Cooperate Social Responsibility (CSR), main focus is trade! The situation is similar in most mineral-rich countries— varied concerns from society including rejection of the extractive industry or acceptance with high expectation of increased economic status of the society arising from gainful employment, and protest over labour conditions.

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REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES)

Revitalisation of the Inter- African Coffee Organisation (IACO): Preparation of the 2017-2022 and Strategy and Institutional Review.

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Posted in African News, Benin News, Burkina Faso News, Cape Verde News, Gambia News, Ghana News, Guinea News, Guinea-Bissau, Liberia News, Mali News, Mauritania, Niger News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Saint Helena, Sao Tome and Principe, Senegal News, Sierra Leone, Togo News | Leave a comment

Les biotechnologies agricoles au service des petits exploitants

Colloque international à la FAO du 15 au 17 février 2016

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Posted in Algeria News, Benin News, Botswana News, Burkina Faso News, Burundi News, Cameroon News, Cape Verde News, Central African Republic News, Chad News, Comoros News, Democratic Republic of the Congo, Djibouti News, Equatorial Guinea, French, Gabon News, Guinea News, Guinea-Bissau, Madagascar News, Mali News, Morocco News, Mozambique News, Republic of Côte d'Ivoire (Ivory Coast), Republic of the Congo, Somalia News, Somaliland, Togo News | Leave a comment

L’approche écosystémique de l’agriculture fait son chemin

Un nouvel ouvrage de la FAO paru aujourd’hui se penche sur la manière dont les principales céréales de la planète – maïs, riz et blé – qui assurent ensemble quelque 42,5 pour cent des apports caloriques de l’homme et 37 pour cent de ses protéines – peuvent être cultivées en respectant, voire en tirant parti des écosystèmes naturels.

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IMF Staff Completes Review Mission to Guinea

An IMF mission led by Abdoul Aziz Wane visited Conakry during December 2-15, 2015, to conduct discussions on the sixth and seventh reviews of the authorities program supported by an arrangement under the Extended Credit Facility (ECF).[1]The IMF Executive Board approved the arrangement for Guinea on February 24, 2012 for SDR 128.52 million, about US$ 200 million (see Press Release No. 12/57).

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