By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DNE Africa
  • Home
  • Politics
    3218ec05 839b 4050 b83e b9cfaa712663
    Culture

    UNESCO Adds Tunisia’s Sidi Bou Said, Comoros Medinas to World Heritage List

    By Ahmed Emam 3 Min Read
    fe4db457 fb55 41f2 9c0b 2c9cf624d0be
    HealthScienceWorld

    AU Health Summit: Egypt Calls for Stronger African Cooperation on Healthcare

    By Ahmed Emam July 24, 2026
    c9b15da1 2c43 413e 9843 fdf16c0140c8 1500x812
    BusinessWorld

    US Imposes New Tariffs on 60 Economies, African Exporters Among Hardest Hit

    By Ahmed Emam July 24, 2026
  • Business
    AlHuda CIBE partners with Digaf MFI for Islamic finance forum in Addis Ababa
    Business

    AlHuda CIBE partners with Digaf MFI for Islamic finance forum in Addis Ababa

    AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has partnered with…

    By Mohamed Samir DNE Africa 3 Min Read
    1065228542 0 322 3069 2048 1280x0 80 0 0 c2415c0fd5ce1b62c0e9a367e5333973.jpg
    Business
    Tanzania Launches $2.4Bn SGR Project to Strengthen Links with DRC, Burundi
    ae
    BusinessPolitics
    Egypt Offers Development Expertise to Mozambique, Eyes Deeper Economic Partnership
    IMG 20230122 WA0011
    BusinessWorld
    ECOWAS Approves Nigeria-Morocco Gas Pipeline Project to Boost Regional Energy Integration
    Egyptian-Built Julius Nyerere Dam Strengthens Tanzania's Energy Security, Says Project's Eng.
    BusinessPolitics
    EXCLUSIVE: Egyptian-Built Julius Nyerere Dam Strengthens Tanzania’s Energy Security, Says Project’s Eng.
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Reading: Guinea Launches Giant Simandou Iron Mine in Bid to Boost Economy
Sign In
  • Join US
DNE AfricaDNE Africa
Font ResizerAa
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Search
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Guinea Launches Giant Simandou Iron Mine in Bid to Boost Economy

Guinea Launches Giant Simandou Iron Mine in Bid to Boost Economy

Taha Sakr
Last updated: November 12, 2025 1:46 pm
By Taha Sakr 3 Min Read
Share
Guinea Launches Giant Simandou Iron Mine in Bid to Boost Economy
SHARE

Guinea on Tuesday inaugurated the long-awaited Simandou iron ore mine, one of the world’s largest untapped deposits, marking a milestone for the West African nation’s economy and infrastructure ambitions.

The launch, hailed as “a historic turning point,” took place at the Morebaya Port south of the capital Conakry, in a ceremony attended by President Mamadi Doumbouya and his counterparts from Gabon, Brice Oligui Nguema, and Rwanda, Paul Kagame.

The first shipments of high-grade iron ore from the southeastern Nzérékoré region are already en route for export, as Guinea seeks to position itself as a key player in the global minerals market.

“A Dream of Generations”

Transport Minister Ousmane Gaoual Diallo described the project as “a dream of generations of Guineans,” stressing that it represents more than a mining venture. “It is about transforming Guinea’s destiny through new infrastructure — a 650-kilometer railway line and a deep-water port that will reshape the country’s logistics and economy,” he said.

The Simandou deposit, discovered decades ago, contains some of the world’s richest iron ore. Its development had been delayed for years by disputes over mining rights, allegations of corruption, and the enormous investment required in a region lacking basic infrastructure.

Strategic Partnerships

The mine is being developed jointly by Winning Consortium Simandou (WCS) — a Singaporean-Chinese partnership — alongside Simfer, a venture of Anglo-Australian mining giant Rio Tinto, and Chinese state-owned company Chinalco.

An aerial view shows a new 650-kilometer rail corridor connecting the mine to Morebaya Port, designed to carry millions of tonnes of ore annually. Officials said the project would also create tens of thousands of direct and indirect jobs.

Economic and Political Stakes

Analysts see the project as a political victory for President Doumbouya, who seized power in a 2021 coup and is now preparing to contest the December 28 presidential election. The Supreme Court recently confirmed his name on a preliminary list of nine candidates.

The government hopes the Simandou project will boost national revenues, attract foreign investment, and help integrate remote regions long cut off from economic activity.

For Doumbouya, the launch symbolizes both a promise of modernization and a message of stability to investors ahead of the polls — a bid to turn a long-delayed resource dream into a cornerstone of Guinea’s future.

You Might Also Like

AU Condemns Deadly Terrorist Attacks in Niger, Mali, Urges Stronger Regional Cooperation

Egypt Offers Development Expertise to Mozambique, Eyes Deeper Economic Partnership

Obituary | Uganda’s Veteran Statesman Gen. Moses Ali Dies at 87

EXCLUSIVE: Egyptian-Built Julius Nyerere Dam Strengthens Tanzania’s Energy Security, Says Project’s Eng.

Egypt and Eritrea oppose non-littoral Red Sea interventions

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link

You Might Also Like

IMG 20260717 WA0013
Politics

Zambia’s Former Vice President Dies at 82

By Ahmed Emam 3 Min Read
wfp4
InsiderPolitics

U.S. Contributes $24M to WFP to Expand Food Assistance for Sudanese Refugees in Egypt

By Ahmed Emam 3 Min Read
Chad to Abolish Visa Requirements for African Nationals From 2027
InsiderPolitics

Chad to Abolish Visa Requirements for African Nationals From 2027

By Ahmed Emam 2 Min Read

More Popular from DNE AFRICA

3218ec05 839b 4050 b83e b9cfaa712663
Culture

UNESCO Adds Tunisia’s Sidi Bou Said, Comoros Medinas to World Heritage List

By Ahmed Emam 3 Min Read
Ad imageAd image
HealthWorld

Africa Accounts for Largest Share of Global Hunger as 309M Face Food Insecurity: UN Report

Africa is home to an estimated 309 million people experiencing hunger in 2025, the highest regional…

By Ahmed Emam
HealthWorld

Liberia Seizes Nearly Four Tonnes of Cocaine in Record $317M Drug Bust

Liberian authorities have seized nearly four tonnes of cocaine worth an estimated $317 million in what…

By Ahmed Emam
BusinessScience

FAO: Libya’s Grain Import Beeds to Rise 7% in 2026/27 as Drought Hits Harvest

Libya's grain import requirements are expected to increase to about 3.3 million metric tons during the…

By Ahmed Emam
HealthSportsWorld

African Women Footballers Join Polio Eradication Drive Ahead of WAFCON

African women football stars have joined a continent-wide campaign to boost vaccination efforts and eradicate polio,…

By Ahmed Emam
DNE Africa

News by Africans, For Africans

Categories

  • The Escapist
  • Entertainment
  • Business

Quick Links

  • Advertise with us
  • Newsletters
  • Complaint
  • Deal

DNE Africa.All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?