SAWT BEIRUT INTERNATIONAL

| 26 May 2024, Sunday |

Guinea junta names AngloGold Ashanti executive as mines minister

Following the September coup, Guinea’s junta appointed Moussa Magassouba, the director general of AngloGold Ashanti’s (ANGJ.J) subsidiary in the country, as mines and geology minister, according to a statement released on Friday.

Magassouba will be in charge of the West African country’s main industry. The country is a major producer and exporter of bauxite, which is used in the production of aluminum. It also has a lot of iron ore, diamonds, and gold.

Following the ouster of President Alpha Conde, the junta, led by Colonel Mamady Doumbouya, has moved to reassure businesses, particularly in the mining sector, that there will be no disruption.

The junta also named Abé Sylla, a businessman based in the United States, as energy and hydrocarbons minister, and artist Alpha Soumah as culture minister.

The September coup was condemned by Guinea’s neighbors and international partners, and it resulted in the country’s suspension from the African Union and the 15-nation Economic Community of West African States (ECOWAS).

ECOWAS leaders, who will meet on Sunday to discuss the coups in Guinea and neighboring Mali, have demanded that the Guinea junta hold elections by the end of March next year.

Due to the coups, President Joe Biden announced on Tuesday that Mali and Guinea, along with Ethiopia, would be removed from the African Growth and Opportunity Act.

    Source:
  • Reuters