After several years of support from NRGI, governance of Guinea’s mining sector has markedly improved, with increased investment, quadrupled bauxite production and increased tax revenues from the sector. A new, transparent cadastre facilitates the allocation of licenses and government monitoring of license obligations.
Researchers examined 52 oil- and mineral-backed loans from China, commodity traders and other lenders to sub-Saharan African and Latin American countries. The analysis of the loans, which totaled $164 billion between 2004 and 2018, has exposed clear risks and opportunities that come with this type of borrowing mechanism.
This report presents the results and recommendations of an evaluation of mining governance in Guinea in 2017 and 2018, according to the methodology of the Resource Governance Index.
Ce rapport présente les résultats et recommandations de l’évaluation de la gouvernance minière en Guinée sur les années 2017 et 2018, selon la méthodologie de l’Indice de Gouvernance des Ressources Naturelles.
En 2016, les revenus miniers reversés aux communes étaient de 61 milliards de GNF (6,7 millions d’USD), soit 2% des revenus issus du secteur extractif et 0,5% du budget national de la Guinée ; ils pourraient dépasser les 400 milliards de GNF annuels à partir de 2020.
This report explores common resource governance successes and challenges in sub-Saharan Africa. The authors conclude that policymakers, parliamentarians, civil society, media and regional institutions must focus on narrowing the implementation gap between extractive sector laws and actual practice, which will help to restore trust between government, communities and investors and thus strengthen sustainable management of natural resources.
