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Topic: Economy of Guinea


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  Guinea ECONOMY
Guinea has extensive mineral deposits, primarily bauxite, and hydroelectric resources, along with soils and climate favorable for producing a diverse array of food and export crops.
Guinea is rich in fishery resoures, and has an as-yet untapped potential to increase industrial fishing.
In 2000, Guinea qualified for debt relief under the Heavily Indebted Poor Countries Initiative established by the World Bank and the IMF, and it was to use the savings for improvements in education, health, rural roads and rural water access.
www.nationsencyclopedia.com /Africa/Guinea-ECONOMY.html   (327 words)

  
 Guinea
Guinea gained her independence from France in 1958 and was governed by a dictatorship headed by Ahmed Sékou Touré.
As of 2005 Guinea still faces very real problems and according to the International Crisis Group is in danger of becoming a failed state.
Guinea is divided into 8 administrative regions which are further subdivided into 33 prefectures.
www.brainyencyclopedia.com /encyclopedia/g/gu/guinea.html   (822 words)

  
 Highbeam Encyclopedia - Search Results for Economy of Guinea   (Site not responding. Last check: 2007-11-03)
It borders on the Atlantic Ocean in the west, on Senegal in the north, and on Guinea in the east and south.
It is bordered by Liberia and Guinea on the west, by Mali and Burkina Faso on the north, and by Ghana on the east.
It is bordered by the Atlantic Ocean in the west, by Mauritania in the north, by Mali in the east, and by Guinea and Guinea-Bissau in the south.
www.encyclopedia.com /SearchResults.aspx?Q=Economy+of+Guinea&StartAt=11   (657 words)

  
 guinea_history
Guinea shaped the history of West Africa and preserved the authenticity of cultures that are common to many countries of the Region.
Always jealous and protective of its freedom, the people of Guinea were the last to abide by colonial ruling and the first to regain independence on 2 October 1958.
As a miniature West Africa, Guinea spans from the coasts sprinkled with splendid beaches to the luxurious forest region.
www.africa-ata.org /guinea_history.htm   (634 words)

  
 Economy - Guinea - Africa   (Site not responding. Last check: 2007-11-03)
The chief economic activity of Guinea is agriculture; some 87 percent of the people are dependent on subsistence farming, forestry, and fishing.
Guinea has about 1,045 km (about 650 mi) of railroads.
Guinea has 30,500 km (18,952 mi) of roads, 17 percent of which are paved.
www.countriesquest.com /africa/guinea/economy.htm   (223 words)

  
 Guinea (05/06)
Guinea's armed forces are divided into four branches--army, navy, air force, and gendarmerie--whose chiefs report to the Chairman of the Joint Chiefs of Staff, Col. Kerfalla Camara.
Guinea reestablished relations with France and Germany in 1975, and with neighboring Côte d'Ivoire and Senegal in 1978.
Guinea has participated in both diplomatic and military efforts to resolve conflicts in Liberia, Sierra Leone, and Guinea-Bissau, and contributed contingents of troops to peacekeeping operations in all three countries as part of ECOMOG, the Military Observer Group of ECOWAS.
www.state.gov /r/pa/ei/bgn/2824.htm   (4229 words)

  
 Economy of Guinea
Guinea is richly endowed with minerals, possessing an estimated one-third of the world's proven reserves of bauxite, more than 1.8 billion metric tons (MT) of high-grade iron ore, significant diamond and gold deposits, and undetermined quantities of uranium.
The IMF and the World Bank are heavily involved in the development of Guinea's economy, as are many bilateral donor nations, including the United States.
Guinea's economic reforms have had recent notable success, improving the rate of economic to 5% and reducing the rate of inflation to about 2%, as well as increasing government revenues while restraining official expenditures.
www.fastload.org /ec/Economy_of_Guinea.html   (657 words)

  
 Guinea   (Site not responding. Last check: 2007-11-03)
Guinea's economy is ruled by agriculture, in fact, about 80% of its workers are involved in agriculture.
Guinea has major mineral and agricultural resources, but is still one of the poorest countries in the world.
It is essential that Guinea tries to do something about this problem, or else their economy will be even worse off than it presently is. Lastly, Guinea suffers from the same problem of polluted drinking water that plauges most of Africa.
darwin.bio.uci.edu /~sustain/countries/Guinea.htm   (576 words)

  
 Economy of Guinea-Bissau - Wikipedia, the free encyclopedia
Intermittent fighting between Senegalese-backed government troops and a military junta destroyed much of the country's infrastructure and caused widespread damage to the economy in 1998; the civil war led to a 28% drop in GDP that year, with partial recovery in 1999.
The tightening of monetary policy and the development of the private sector had also begun to reinvigorate the economy.
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en.wikipedia.org /wiki/Economy_of_Guinea-Bissau   (586 words)

  
 BOUGAINVILLE - Copper Limited (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-11-03)
For any country to prosper and grow in the 20 th century economy, it had to sell its goods and services to other countries in order to be able to purchase those goods it requires but does not itself produce.
In 1983 the PNG economy was under continuing pressure with the prices of major export commodities remaining depressed.
Despite the suspension of operations in 1989, BCL contributed more than K200 million to the Papua New Guinea economy that year in the form of wages and salaries, purchases of supplies and services, and tax payments on 1988 earnings.
www.bcl.com.pg.cob-web.org:8888 /economy.htm   (877 words)

  
 Papua New Guinea Economy
The economy generally can be separated into subsistence and market sectors, although the distinction is blurred by smallholder cash cropping of coffee, cocoa, and copra.
In general, the Papua New Guinea economy is highly dependent on imports for manufactured goods.
The economy grew modestly and the government deficit fell from 8% of GDP to 1.7%.
www.nationbynation.com /PapuaNewGuinea/Economy.html   (937 words)

  
 Guinea-Bissau - MSN Encarta
The economy of Guinea-Bissau is dominated by subsistence agriculture.
Not until 1915, however, were the Portuguese able to exercise effective control over the country.
The status of Guinea-Bissau was changed from colony to overseas province in 1952; soon afterward an African nationalist movement arose, led by the African Party for the Independence of Guinea and Cape Verde (PAIGC).
encarta.msn.com /encyclopedia_761569703_2/Guinea-Bissau.html   (696 words)

  
 Guinea-Conakry
Guinea is partial heir to the series of west African empires that, at their height before the arrival of the Europeans, cast significant political and commercial influence over many peoples from Guinea's Atlantic coast to the southern edge of the Sahara.
France negotiated Guinea's present boundaries in the late 19th and early 20th centuries with the British who controled Sierra Leone, the Portuguese in what is now Guinea-Bissau, and Liberia.
In 1974, the Democratic Party of Guinea (PDG) was founded as a section of the new international African Democratic Rally (RDA), giving Ahmed Sekou Toure and his associates political power.
www.uiowa.edu /~africart/toc/countries/Guinea-Conakry.html   (469 words)

  
 globalEDGE (TM) | country insights - Economy of Guinea   (Site not responding. Last check: 2007-11-03)
Guinea has considerable potential for growth in the agricultural and fishing sectors.
The Compagnie des Bauxites de Kindia (CBK), a joint venture between the Government of Guinea and Russki Alumina, produces some 2.5 million MT annually, nearly all of which is exported to Russia and Eastern Europe.
Guinea has the potential to develop, if the government carries out its announced policy reforms, and if the private sector responds appropriately.
globaledge.msu.edu /ibrd/CountryEconomy.asp?CountryID=97&RegionID=5   (1123 words)

  
 Economy Of Guinea   (Site not responding. Last check: 2007-11-03)
If you would like to use this flag of Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/guinea_country_economy.shtml   (437 words)

  
 Equatorial Guinea - some historical notes
The majority of rural populations still was engaged in traditional subsistence farming and therefore not affected by the "booming" monetary economy.
Equatorial Guinea was proclaimed an independent republic in October 1968, and Macias took office as its president.
Bedrock was touched in 1979, as almost one third of the population was in exile and the rest of the former elite had been killed by the regime.
www.afrol.com /Countries/Equatorial_Guinea/eqg_history.htm   (3413 words)

  
 ECONOMY-GUINEA: Foreign Firms Scramble for Iron, Bauxite
Guinea Ecologie, the only non-governmental organisation (NGO) in Guinea working in this area, was not invited to the meeting, according officials.
Alcoa Guinea general-director, Ibrahima Danso told IPS that his company wants ‘’to build a billion-dollar alumina refinery capable of processing 1.5 million metric tonnes per year in Kamsar, Boke,’’ in the north of the country, about 300 kilometres from Conakry.
Guinea is hoping that a 2.5-billion-dollar plan to build a dam on the Konkoure River will resolve that problem.
www.ipsnews.net /africa/interna.asp?idnews=26194   (896 words)

  
 GeographyIQ - World Atlas - Africa - Guinea - Economy
Richly endowed with minerals, Guinea possesses over 25 billion metric tons (MT) of bauxite--an estimated one-third of the world's proven reserves of bauxite--more than 4 billion tons of high-grade iron ore, significant diamond and gold deposits, and undetermined quantities of uranium.
The Compagnie des Bauxites de Guinea (CBG), a joint venture in which 49% of the shares are owned by the Guinean Government and 51% by an international consortium (mostly U.S. and Canadian interests), exported about 14.5 million metric tons in 2003.
The informal sector continues to be a major contributor to the economy.
www.geographyiq.com /countries/gv/Guinea_economy_summary.htm   (1055 words)

  
 ECONOMY-GUINEA : MICRO-FINANCE, MACRO INTEREST RATES
Seated behind a table at the market in Gaoual, northern Guinea, the 45- year-old food seller is a client of Rural Credit of Guinea (Crédit rural de Guinée, CRG): one of several micro-finance institutions that operate in the West African country.
The three principal micro-finance organisations in Guinea set different interest rates: 2.5 to 3.5 percent monthly at CRG, depending on the loan; from 1.2 to 2.5 percent at Yété Mali -- and three percent at Pride Finance.
"If we have a dispute at Nzérékoré (in southern Guinea), for example, we are obliged to send out a field agent (and) take care of him for the duration of his stay there...This necessarily implies costs," says Macky Bah, one of the managers of Pride Finance, which is based in the capital - - Conakry.
www.ipsterraviva.net /Africa/viewstory.asp?idnews=669   (805 words)

  
 afrol News - No quick cure in sight for Guinea-Bissau economy
In 2001, the first entire year of civilian rule, Guinea-Bissau's economy grew by 0.2 percent, significantly less than the estimated population growth of 2.1 percent annually.
In 2002, real GDP even decreased by 7.2 percent, and last year, growth was at a mere 0.6 percent, according to the numbers presented by the IMF.
The new economic programme focuses on strengthening tax collection and pursuing structural reforms "to boost growth and reduce poverty." The IMF stressed the need for "rapid deregulation of the economy, which would be a low-cost measure yielding quick results," the report said.
www.afrol.com /articles/14962   (842 words)

  
 Guinea-Bissau ECONOMY
Production and trade in forest products have been halted while implementation of reforestation policies occurs.
In 1998, fighting between the government and a military junta brought chaos to the economy and halted most production: that year, GDP fell by 28%.
Although the civil war had ended by 1999, in 2001 a fall in cashew prices and a decline in foreign assistance exacerbated the ailing state of the economy.
www.nationsencyclopedia.com /Africa/Guinea-Bissau-ECONOMY.html   (272 words)

  
 Guinea, country, Africa: Economy
Predominantly agricultural, Guinea produces rice, coffee, pineapples, cassava, bananas, palm kernels, and citrus fruits.
Guinea's chief trading partners are the United States, France, Belgium, and Côte d'Ivoire.
Guinea has some light industry, but inadequate transportation facilities have hampered industrialization.
www.factmonster.com /ce6/world/A0858522.html   (137 words)

  
 about equatorial guinea   (Site not responding. Last check: 2007-11-03)
The territory of Equatorial Guinea includes the islands of Bioko and Annobon and the mainland enclave of Rio Muni, which is bordered to the north by Cameroon and to the south and east by Gabon.
Equatorial Guinea is a Democratic Republic with numerous political parties and is governed by a Government of National Unity.
The economy is based on hydrocarbon production and forestry, which together account for around 97% of total exports and have replaced the reliance on the traditional production and export of cocoa and agricultural products
www.equatorialoil.com /pages/equatorial_guinea.htm   (620 words)

  
 Guinea on the Internet
Derman, William, "Serfs, Peasants, and Socialists: A Former Serf Village in the Republic of Guinea" (University of California Press, 1968.
Its economy is faltering, the government has nearly ceased to provide services, and in 2004, there were isolated uprisings in at least eight towns and cities in all regions of the country." http://www.crisisgroup.org/home/index.cfm?id=3509&l=1
Contains full-text documents, chapters from books on Guinea's history, government, literature, the economy, army mutiny of 1996, etc. Has Ruth S. Morgenthau, "Part Six: Trade Unionists and Chiefs in Guinea" from "Political parties in French-speaking West Africa" (Oxford: Clarendon Press, 1964.).
www-sul.stanford.edu /depts/ssrg/africa/guinea.html   (1969 words)

  
 Economy Of Equatorial Guinea   (Site not responding. Last check: 2007-11-03)
If you would like to use this flag of Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/equatorial_guinea_country_economy.shtml   (470 words)

  
 Economy of Guinea - Wikipedia, the free encyclopedia
Current GDP per capita of Guinea shrank by 16% in the Nineties.
The consortium Alcan and Alcoa, partner with the Guinean government in the CBG mining in north western Guinea, have announced the feasibility study for the construction of a 1 million tpa alumina smelter.
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en.wikipedia.org /wiki/Economy_of_Guinea   (898 words)

  
 Equatorial Guinea: History, Geography, Government, and Culture — Infoplease.com
Equatorial Guinea, formerly Spanish Guinea, consists of Río Muni (10,045 sq mi; 26,117 sq km), on the western coast of Africa, and several islands in the Gulf of Guinea, the largest of which is Bioko (formerly Fernando Po) (785 sq mi; 2,033 sq km).
A recent offshore oil boom resulted in the economy's growth by 71.2% in 1997, the first year of the petroleum bonanza, and it has sustained this phenomenal rate of growth.
Equatorial Guinea: Bibliography - Bibliography See M. Liniger-Goumaz, Historical Dictionary of Equatorial Guinea (1988); I. Equatorial Guinea: Economy - Economy Agriculture employs about half the labor force of Equatorial Guinea, although only 5% of...
www.infoplease.com /ipa/A0107493.html   (631 words)

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