< Back to all clusters
[INTERNATIONAL] · Guinea, Senegal, Finland, United States · 20 sources

started · updated

Guinea and Senegal highlight major infrastructure and energy projects at UN General Assembly

During the 81st UN General Assembly in New York, leaders from Guinea and Senegal highlighted major national development and infrastructure projects.

Guinean President Mamadi Doumbouya presented the Simandou mining project as a central pillar of the country's economic transformation. He noted that Guinea has paved over 1,000 kilometers of roads in three years, completed Africa's largest gold refinery, and is constructing three alumina refineries to process bauxite locally. He also introduced the 'Simandou 2040' program to drive long-term socio-economic development.

In Senegal, President Bassirou Diomaye Faye oversaw the signing of a memorandum of understanding between the Société africaine de raffinage (SAR) and the Turkish firm Yamata. The agreement aims to build a second refinery with an annual capacity of 4 million tonnes, specifically to process crude from the Sangomar field. The project, estimated at $2 billion to $3 billion, will be financed by Yamata without a sovereign guarantee from the Senegalese state. The deal also includes a $300 million to $500 million modernization of the existing Mbao refinery.

Additionally, President Faye held bilateral discussions with Finnish President Alexander Stubb to explore strengthening cooperation between Senegal and Finland.

Entities

Bassirou Diomaye Faye · Mamadi Doumbouya · Mamadou Abib Diop · Ministry of Justice · Senegal · Simandou · Société Africaine de Raffinage · Yamata

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

1 day ago