Doumbouya announces Guinea’s first steel mills
By the AFREEQUE newsroom, based on Mosaiqueguinee
Guinean President Mamadi Doumbouya says the first steel mills are beginning to be built as part of efforts to process mining resources locally. The approach is intended to create jobs, training and businesses in Guinea, according to his speech at the Simandou Mining Summit.
Guinean President Mamadi Doumbouya announced that the first steel mills are being built to process some of the country’s extracted mining resources in Guinea. He said this industrialisation was intended to create jobs, training and businesses under the Simandou 2040 programme, during the opening of the Simandou Mining Summit on Kassa Island, Mosaiqueguinee reports.
Mamadi Doumbouya called on investors to position themselves in mining, energy, agriculture, logistics and digital technology. He also defended a partnership based on the “fair sharing of value” and said Guinea no longer wanted to export its resources in raw form, according to Mosaiqueguinee.
The Simandou Mining Summit is being held from 11 to 14 November 2026, following the launch of the mine mentioned at its opening on 11 November. Guinea opens the Simandou Mining Summit. Mamadi Doumbouya had presented the Simandou 2040 programme as an economic lever for Guinea on 1 October.
