Author: Mamadou Aliou Diallo

The big market of Madina is again the subject of a large fire. For the second time in three years, part of the largest shopping center, described as “economic lung” of the country, caught fire on the night of Saturday, March 17, 2018. For cause, according to preliminary findings, a short circuit electric would be at the origin. According to the testimony of the market administrators and the police, the fire broke out following a short circuit, when the power came back with a high voltage, after a load shedding around 23 hours. The balance sheet is huge, there are…

The announcement of the launch of the national airline Guinea Airlines by the GBM lottery group Antonio Souaré and Regourd Aviation led by Alain Regourd intervened in February 2017. The two partners had agreed on the terms of the circulation of this company, which was to serve domestic flights to the regional capitals of Guinea and some capitals of the West African subregion as Dakar, Banjul, Abidjan, Monrovia, Freetown, Bamako. A year later, the Guinean government and GBM decided to change partners. À now the place of Regourd Aviation, the choice is focused on African partners in this case Ethiopians Airlines and ASKY Airlines. The…

The same causes which maintained the status quo on the Simandou iron ore for years and have been the pretext for Rio Tinto to freeze the project seem SIMFER catch Chinalco who took over the project in October 2016. They include, declining prices of iron on the world market ( 72 per ton with a decrease of 9% over the year) and the costs associated with this mega project estimated at 20 billion. Chinalco shareholder SIMFER (blocks 3 and 4) which bought 47% of Rio Tinto shares had not materialized the transfer to mid-January the shares of Rio Tinto Chinalco according to…

The 4 February 2018 municipal elections are expected to be hotly contested in Guinea, some candidates not affiliated to political parties have seized the opportunity offered by the electoral commission to independent candidates to participate in the election. This is the case of Moussa Baldé, former General Secretary of the MTN Guinea Workers’ Union, and a member of the Federation of Telecommunications Trade Unions (FESATEL), the Union of Workers of Guinea (USTG), and Global Union. Under the banner of an independent movement, called REM, it must be said that there is Macronism in the air at a time when we…

The mining company Dinguiraye, a subsidiary of the multinational North Gold operating gold deposits in the region of Upper Guinea, including lero in Dinguiraye prefecture, received this Monday, January 22, 2018 in Conakry signing a third rider. The said agreement was initialed in the premises of the Ministry of Mines between the Guinean Mines Minister Abdoulaye Magassouba Egveny Tulubensky and Chairman of the Board of Directors of Northern Gold. While the first operating agreement between the state Guinea to SMD, expires in 2019, SMD wanted to ensure investments by injecting 363 million for a period of 15 years. This investment will according…

In an uncomfortable situation in recent weeks, the Electricity Company of Guinea (EDG), strongly criticized lately because of load shedding and the demonstrations that followed, made, Wednesday, January 17 in Conakry, its annual balance sheet of the exercise 2017 .  Abdenbi Attou, the deputy head of the EDG, who became head of the company under...

In its policy of internationalization, the group of Construction, Guinean construction and service delivery (Guicopres SA), proceeded on Friday 12 January 2018, at the opening of a representation in Senegal (Guicopres Senegal) in the purpose, according to group leaders, to export Guinean expertise in the building. The group headed by kerfalla “Person” Camara (KPC), who also specializes in real estate, trading, distribution and transit, landed in the country of Teranga to position itself in a booming market. After its establishment in Sierra Leone, the Group’s representation in Dakar, in Keur-Gorgui, will cover two other countries, Gambia and Guinea Bissau.