Ebola and Extractives in Guinea

Guinea expects to establish cooperation with Indonesia

According to Fofana, the ambassador`s visit to Conakry had ushered in a new era for the start of cooperation between Indonesia and Guinea in various … Guinea, which was hit by an ebola virus outbreak in 2014, is currently experiencing a boom in bauxite mining that has made it one of the world`s …

Guinea expects to establish cooperation with Indonesia

Guinea, which was hit by an ebola virus outbreak in 2014, is currently experiencing a boom in bauxite mining that has made it one of the world`s largest … Indonesia and Guinea in 2016 had reached US$28.2 million, with Indonesia enjoying a surplus, which was dominated by non-oil and gas sectors.

Cargill suspends business with Guatemalan palm oil supplier

Palm oil vendor Pauline Haba pours palm oil from a container on Aug. 26. Her business is suffering because no one wants to buy her palm oil, which comes from an area where the Ebola outbreak has cost many lives in Conakry, Guinea. Youssouf Bah, AP. Cargill is one of the world’s largest traders of …

UAE- Court rejects Ebola outbreak excuse by mining firm

2010 > Dubai based company wins mining rights in Guinea. Nov 15, 2011 > Company signs drilling contract with South African firm. March 6, 2012 > Company starts functioning. July 2012 > Company halts its operation citing Ebola virus outbreak as reason. June 16, 2016 > South African firm lodges …

African economic activity regaining momentum

Activity is also rebounding in countries hit by the 2015 Ebola outbreak (Guinea, Liberia and Sierra Leone). Ethiopia should remain Africa’s … Increased oil production thanks to stability in the Niger Delta (the country’s oil-belt) and good harvest led to growth revival in Nigeria. Reforms in the forex markets …

African economic activity regaining momentum

Activity is also rebounding in countries hit by the 2015 Ebola outbreak (Guinea, Liberia and Sierra Leone). … *Mid-tier performers – where increased output and investment in the mining sector is supporting growth in metal exporters (Niger and Zambia), along with strengthening activity in services …

Court rejects Ebola outbreak excuse by mining firm

The court was told that in 2010, the Dubai based company won mining rights for diamond, gold and precious stones in Guinea. The company then signed an exploration drilling contract with the plaintiff on November 15, 2011. The plaintiff, provided services ranging from accessibility of the drilling site, …

Mining firm ordered to forfeit Dhs37.4m

DUBAI: A Dubai mining firm that landed a drilling company into millions of dollars worth equipment damage after telling it to halt works over ‘Ebola … The Dubai firm won mining rights for diamond, gold and precious stones in Guinea in 2010 upon which it signed an exploration/drilling contract with a …

Mining company ordered to pay Dh37.4m compensation

Dubai: A mining company has been ordered by a Dubai court to pay a compensation of Dh37.4 million to a drilling exploratory company after dodging an agreement to mine for diamonds over alleged Ebola outbreak and political unrest in Guinea. In November 2011, the Dubai-based drilling exploratory …

Guinea receives $20bn in pledges for development

Guinea on Thursday won pledges in aid worth $20 billion to fund a five-year development plan at a meeting in Paris with banks, private players and governments. The mineral-rich West African nation is slowly emerging from the Ebola crisis and low commodity price shocks that adversely affected its …