Guinea opens a new container terminal on October 19 at the Kamsar port to export bauxite output from the mine owned by Emirates Global Aluminum (EGA) through its local subsidiary, Guinea Aluminum Corporation. The terminal will also be used by other parties as an alternative to the Conakry container terminal.
EGA’s bauxite project is born of a $5 billion contract between Emirati Mubadala, who holds a stake in the project, and Guinea signed in 2013. Under the contract, a bauxite mine, an aluminum refinery and port infrastructures were to be developed. Bauxite output from the mine is to be sent to aluminum plants in the United Arab Emirates.
The bauxite mine holds more than a billion ton of the ore and commercial production is expected to start in 2018. Initially, the mine is expected to produce 12 million tons of bauxite a year.
Louis-Nino Kansoun
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...