Africa

Chalco Breaks Ground On Boffa Bauxite Project In Guinea

Chalco Breaks Ground On Boffa Bauxite Project In Guinea

State-run smelter Aluminum Corp of China (Chalco) announced yesterday the start of construction at its Boffa bauxite project in Guinea. Reuters reported Monday that the company released a statement saying that a groundbreaking ceremony took place this weekend at the site. No...

Events

Ghanaian Think Tank Counsels Caution On Bauxite Deal With China

Opposition continues to mount against the US$2-billion bauxite-for-infrastructure deal between the government of Ghana and the People’s Republic of China’s Sinohydro Group Limited, as a local think tank says that the agreement puts Ghana at risk of judgment debts and abandoned projects. IMANI Africa released a seven-page missive against the deal earlier this week, noting […]

Infrastructure Improvements Outweigh All Other Concerns Over Bauxite Deal With China – Ghana PM Osei Owusu

Debate continues to rage over the proposed US$2-billion deal between the west African republic of Ghana and the People’s Republic of China that would have China’s Sinohydro Group Limited gain access to Ghana’s significant bauxite resources in exchange for badly-needed infrastructure improvements. Earlier this week Ghana’s First Deputy Speaker of Parliament Joe Osei Owusu told […]

Ghana’s Minority Leader Calls On IMF To Review Bauxite Deal With China

Pushback is increasing against a deal between the governments of Ghana and the People’s Republic of China over a US$2-million deal to trade Ghanaian bauxite ore for the construction of badly-needed infrastructure in the country by China, as Thursday saw Ghana’s minority leader call for the deal to be reviewed by the International Monetary Fund […]

Ghana Politician Counsels Renegotiation Of US$2 Billion Bauxite Deal With China

A former Ghanaian state official is speaking out against the US$2 billion bauxite deal his government negotiated with the People’s Republic of China on the grounds that the deal is excessively one-sided. Former Chief Executive Officer of the State Enterprises Commission Dr. Camynta Baezie is calling upon Accra to renegotiate the deal with a view […]