By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DNE Africa
  • Home
  • Politics
    Dozens of Orthodox Christians Reportedly Killed in Fresh Violence in Ethiopia’s Arsi Zone
    Politics

    Dozens of Orthodox Christians Reportedly Killed in Fresh Violence in Ethiopia’s Arsi Zone

    By Taha Sakr 3 Min Read
    South Africa Treasury Director-General Duncan Pieterse
    Business

    South Africa to meet fiscal goals despite Iran war pressures

    By DNE Africa June 2, 2026
    Ethiopia elections open amid heavy fighting in Amhara region
    Politics

    Ethiopia elections open amid heavy fighting in Amhara region

    By DNE Africa June 1, 2026
  • Business
    Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%
    Business

    Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%

    Dr Mahmoud Mohieldin, Chair of the African Advisory Council to the G-FAFS,…

    By DNE Africa 2 Min Read
    climate shocks vulnerability
    BusinessScience
    Climate Change Could Deepen Food Crisis in East Africa by 2050
    WhatsApp Image 2026 02 02 at 4.01.57 PM
    BusinessHealth
    Takeda hosts regional summit in Cairo to improve care for rare hereditary angioedema
    omega 1 130922 cakuo
    BusinessScienceTechnology
    Heat and Dust Are Cutting Solar Power Output Across Sub-Saharan Africa, Study Finds
    Double-Edged Sword- Backbase Reveals How AI is Redefining Trust in African Banking
    Business
    Beyond the Chatbot: Backbase Report Charts Africa’s AI-Driven Financial Revolution
  • 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

Dozens of Orthodox Christians Reportedly Killed in Fresh Violence in Ethiopia’s Arsi Zone

Ethiopia elections open amid heavy fighting in Amhara region

Amhara Fano Rejects Ethiopia Election Legitimacy, Cites War and Civilian Fear

RED SEA CHESS: The Egypt-Eritrea Axis Rewiring the Horn of Africa From Isolation to Influence: Why Every Player in This Alliance is Gaining

Debretsion Sworn In as Tigray President, Defying Federal Order and Raising Stakes in Ethiopia

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

You Might Also Like

Sudan–Ethiopia Tensions Escalate Amid Drone Strikes and Mutual Accusations
Politics

Sudan–Ethiopia Tensions Escalate Amid Drone Strikes and Mutual Accusations

By Taha Sakr 3 Min Read
Chad: 23 Soldiers Killed in Boko Haram Assault on Military Base in Western Region
Politics

Chad: 23 Soldiers Killed in Boko Haram Assault on Military Base in Western Region

By Taha Sakr 3 Min Read
Bamako Under Siege: Armed Groups Establish Checkpoints Around Malian Capital as Northern Bases Fall
Politics

Bamako Under Siege: Armed Groups Establish Checkpoints Around Malian Capital as Northern Bases Fall

By Taha Sakr 4 Min Read

More Popular from DNE AFRICA

Ad imageAd image
Politics

Drone Strike in Central Sudan Kills Nine Family Members of Pro-Army Commander

 A devastating drone strike targeted the family home of a high-profile military commander in central Sudan…

By Taha Sakr
Politics

EU Issues Urgent Warning Over Tigray Stability as TPLF Moves to Reinstate Disputed Council

The European Union (EU) has issued a stark warning regarding the deteriorating political situation in Ethiopia’s…

By Taha Sakr
opinionPolitics

Africa Is No Longer a Promise. It Is a System Taking Shape

The first of May holds personal significance for me as my birth month, but more importantly,…

By Ayanda Holo
Politics

TPLF Presses Tadesse Worede to Step Down Amid Escalating Tigray Power Struggle

The Tigray People’s Liberation Front (TPLF) has called on interim regional president Tadesse Worede to hand…

By Taha Sakr
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?