ADF Approves $14M Loan for Guinea-Conakry
The loan will support a program to strengthen SMEs and drive industrial development in the country.
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The loan will support a program to strengthen SMEs and drive industrial development in the country.
The Amaria Hydropower Plant, set to be built by China’s TBEA, located downstream along the Konkoure River, will generate electricity using a dam-based development model.
Associated infrastructure will serve both the Simandou North and Simandou South iron ore mines in southeastern Guinea-Conakry.
The $3 billion Guinea LNG project is expected to provide electricity to the Conakry region by 2025 and to future alumina refineries by 2027-2028.
The French Development Agency (AFD) will provide a €60 million loan to Guinea-Conakry to finance improved access to electricity in Forest Guinea.
China Baowu has become a shareholder in Simandou Blocks 1 and 2 – part of the world’s largest untapped iron ore deposit estimated at over 2 billion tons.
Guinea Alumina Corporation has signed a Term Sheet for the development of a refinery in the Boké region with a capacity of one million tons of alumina per year.
Guinea-Conakry has signed an MOU with Russian nuclear energy company Rosatom to cooperate on the development of floating nuclear power plants to generate electricity in the West African country. The
Mining company Emirates Global Aluminium (EGA), the parent company of Guinea Alumina Corporation (GAC) and state-owned Aluminium Corporation of China (Chinalco) have signed a framework agreement to will develop an
First exports remain contingent on the completion of the TransGuinean railway project.