November 2009

Vol 3 N0 1

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Guinea GUINEA | CHINA

The junta rewards new friends

Conakry begins stripping foreign companies of mining and oil assets for its Chinese partners as those partners turn towards Zimbabwe

While some were left asking if the US$7 billion deal signed by the China International Fund and its sister company China Sonangol International in early October had actually been awarded, the companies have been granted many of their licences and have begun funnelling money into the coffers of the ruling military junta of Guinea.

Article Tags:
Zimbabwean, Tanzania, Congo-Brazzaville, Mahmoud Thiam, Adrian Lian, Singapore, South African, Ukraine, Moussa Dadis Camara, Russia, Lansana Conté, Jack Cheung Chun Fai, Boubacar Barry, United States, Lansana Kouyaté, Back home in Luanda, Angola, Brazil, José Eduardo dos Santos, Manuel Vicente, Zimbabwe, Sékouba Konaté, Centre de Promotion et de Développement Minier, Banque Centrale de la Republique de Guinée, Compagnie des Bauxites de Guinée, Société Ashanti Goldfields de Guinée, Compagnie des Bauxites de Kindia, Air Guinée International, We regret the omission of an acknowledgement of Chatham House’s report ‘Thirst for African Oil’ in the Angola/China feature in AAC Vol 2 No 11.

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