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Guinean leader meets with Nigerian billionaire Dangote

0 Comment(s)Print E-mail Xinhua, January 15, 2025
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CONAKRY, Jan. 15 (Xinhua) -- Guinean President Mamady Doumbouya on Tuesday met with Aliko Dangote, a Nigerian billionaire visiting Conakry, to discuss investment opportunities in Guinea, according to the presidency's press office.

The office said in a statement that during this meeting, Dangote expressed interest in investing in several development sectors in Guinea, including hydrocarbons, agriculture, infrastructure, and the Simandou iron ore project.

"We discussed a direct agreement between the Dangote refinery and the state of Guinea, without intermediaries, in order to obtain reduced prices for hydrocarbons," Dangote told reporters after the meeting.

He said the construction of depots will serve both Guinea and the sub-region.

They also discussed support for Guinea's agricultural modernization through such means as supplying agricultural inputs, Dangote said.

"Guinea is a large agricultural country, and it needs agricultural inputs to develop this sector," he added.

Dangote expressed his commitment to participating in Guinea's national development plan, particularly in President Doumbouya's vision for Simandou 2040, and Doumbouya gave his approval for the inclusion of the Dangote group in Guinea's investment plan, according to the presidential press office. Enditem

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