Oil and minerals deals under negotiation between Guinea’s military government and the China International Fund will be among the largest of their kind in Africa – worth potentially billions of dollars, according to Mohamed Thiam, Guinea’s minister of mines.
Under the Guinean plan, the CIF would provide the lion’s share of finance for about $7bn (€4.7bn, £4.4bn) worth of projects, ranging from power-generation to the creation of an airline.
