Ousmane A. Camara

Simandou 2040: The mirage of illusory prosperity in Guinea

The promise of a mining eldorado once again echoes in Guinea, carried by the enthusiastic voices of the transitional authorities. The Simandou 2040 project, with its 1.5 billion tons of high-quality iron ore, is presented as the key that will finally unlock prosperity for the Guinean people. A colossal investment of 20 billion dollars, unprecedented infrastructure, and the prospect of considerable revenues fuel hopes for a radical transformation of the country.