A prominent African official addresses the UN, highlighting the continent’s growing influence in global affairs.
Guinea’s military-led government has revoked 51 mining licenses as part of a sweeping crackdown on underperforming or inactive concessions. The decree, signed by President Mamady Doumbouya, targets bauxite, gold, diamond, graphite, and iron permits issued between 2005 and 2023, citing violations of the national mining code. This move underscores Guinea’s push to reclaim control over its vast mineral wealth, especially bauxite, a key input for global aluminum production. Analysts suggest the government aims to consolidate the sector and compel foreign operators to invest in local processing infrastructure. While some affected firms are considered minor players, the action reflects a broader regional trend of resource nationalism, with West African military regimes asserting tighter control over extractive industries.