Top stories

Mining company AMC-G pays 961 million GNF to Gaoual in Guinea

By , based on Africaguinée

Map: Gaoual, Guinea

The mining company Alliance Mining Commodities Guinée paid 961,643,527 Guinean francs in 2025 surface tax to the communes of Koumbia and Wendou M’Bour in Gaoual prefecture. Koumbia received 575,797,271 GNF and Wendou M’Bour 385,846,256 GNF, according to Africaguinée.

The mining company Alliance Mining Commodities Guinée (AMC-G SA) paid 961,643,527 Guinean francs to the communes of Koumbia and Wendou M’Bour, in Gaoual prefecture, as the surface tax for the 2025 financial year. The payment was made on Wednesday 21 October 2026, according to Africaguinée.

Koumbia received 575,797,271 Guinean francs and Wendou M’Bour 385,846,256. Mayors Amadou Bah and Amadou Guéla Camara said they intended to allocate the funds to local development projects. The chief of staff of the Boké governor’s office, Hadja N’Gnalen Condé, said the resources would help fund basic social infrastructure in areas affected by the mining project.

At the cheque handover ceremony, AMC-G’s deputy managing director presented the payment as a commitment to the law and the communities concerned. Hadja N’Gnalen Condé, for her part, urged the beneficiaries to use the funds wisely.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

Share this article

Related stories

Seven-year terms sought for three defendants in Guinea Ecobank case

Guinea’s public prosecutor has requested seven years in prison and a fine of 50 million Guinean francs for lawyer Halimé Saad Chaloub and bailiffs Sory Daouda Camara and Mandjou Sangaré, who are being prosecuted in a case involving Ecobank Guinée. The prosecution sought convictions on several charges, including forgery and fraud in legal proceedings, according to submissions presented by special deputy prosecutor Pierre Segbé Kamano at the CRIEF.

🇬🇳 Guinea · Source: Mosaiqueguinee ·

Simandou could bring Guinea $2.5 billion in 2040

The Simandou mining project is expected to bring the Guinean state $350 million in 2026, then about $1.5 billion a year before reaching $2.5 billion in 2040. Central Bank governor Karamo Kaba considers the revenue decisive for the economy, according to Africaguinée.

🇬🇳 Guinea · Source: Africaguinée ·

Four officials sentenced over shisha in Conakry

The Dixinn Court of First Instance sentenced four officials from a nightclub in Kipé, Conakry, to a one-year suspended prison term and a fine of 500,000 Guinean francs each. Six other defendants were acquitted, while shisha equipment was confiscated, Africaguinée reports.

🇬🇳 Guinea · Source: Africaguinée ·

Nigerian start-ups raise 635 million dollars in nine months

Nigerian start-ups raised 635 million dollars between January and September 2026, 2.6 times more than in the same period in 2025, returning Nigeria to the top of African start-up funding. Seventy-seven companies raised at least 100,000 dollars, according to data from Africa: The Big Deal cited by Pmnewsnigeria.

🇳🇬 Nigeria · Source: Pmnewsnigeria ·

🇬🇳 Latest from Guinea

Doumbouya appoints heads of three Conakry courtsDoumbouya appoints heads of three Conakry courtsGuinean President Mamadi Doumbouya has appointed new heads to Conakry’s commercial, labour and children’s courts. Kama Makouar Théophile Kouadjo, Alhassane Taran Diallo and Mohamed Bama Camara will respectively preside over the courts, according to the decree broadcast on 21 October by Guinean Radio and Television.All Guinea news →

Business in West Africa

Nigerien ministers inspect SOREY fuel depot in NiameyNigerien ministers inspect SOREY fuel depot in NiameyNiger’s ministers for petroleum and trade visited the SOREY depot, the main loading point for fuel destined for service stations in Niamey, to check measures aimed at improving supplies. The authorities are seeking to facilitate deliveries and reduce queues, reports Tamtaminfo.All Business news →

The week in Africa

This week’s highlights

  1. Sisi asks Egyptian parliament to approve military aid to Riyadh🇪🇬 Egypt
  2. More than 220 killed in drone strikes blamed on Sudanese army in Abyei🇸🇩 Sudan
  3. Burkina Faso restores death penalty in criminal code🇧🇫 Burkina Faso
  4. Trump weighs pre-emptive strike against Iran🌍 World
  5. Futsal: Morocco beat Angola 5-2 to win fourth Africa Cup🇲🇦 Morocco
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

← Back to the news