Mubadala and Dubal to invest $5bn for projects in Guinea | The National:
"Mubadala Development and Dubai Aluminium (Dubal) have agreed to a US$5 billion investment in Guinea to develop a bauxite mine, alumina refinery and port in the country.
The deal, signed yesterday with the Guinea government, will strengthen the UAE’s access to upstream resources needed to make aluminium.
“This agreement will deliver an estimated $5bn of foreign investment into Guinea over the next eight years,” said Mohamed Lamine Fofana, the Guinea minister of mines and geology. “The development plan will create at peak 14,000 direct and indirect jobs and contribute substantially to Guinea’s GDP.”"
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