Guinea, officially Republic of Guinea is a country in West Africa, formerly known as French Guinea. Guinea's territory has a curved shape, with its base at the Atlantic Ocean, inland to the east, and turning south. The base borders Guinea-Bissau and Senegal to the north, and Mali to the north and north-east; the inland part borders Ivory Coast to the south-east, Liberia to the south, and Sierra Leone to the west of the southern tip.


Guinea is a poor country that possesses major mineral, hydropower, solar power, and agricultural resources. Guinea has historically been an exporter of agricultural commodities, but in recent years has shifted to importing the majority of food crops. Bauxite is Guinea’s main mineral resource as well as its main source of foreign currency. Guinea is the second largest producer of bauxite in the world and has the largest reserves of bauxite, estimated at 29 billion tons. The country also has significant iron ore, gold, and diamond reserves. However, Guinea has been unable to profit from this potential, as rampant corruption, dilapidated infrastructure, and political uncertainty have drained investor confidence. International investors have expressed keen interest in Guinea's vast iron ore reserves, which could propel the country's growth. The government in April 2013 amended the September 2011 mining code to reduce taxes and royalties. Longer range plans to deploy broadband Internet throughout the country could spur economic growth as well. The biggest threats to Guinea’s economy are political instability and low international commodity prices.

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32 Matters
IPP & regulatory environment review

Detailed review of IPP & regulatory environment across African countries

Working in partnership with a City of London law firm, we reviewed in detail the regulatory environment for establishing an Independent... More

OHADA guide on oil & gas activities

OHADA guide on oil & gas activities

Working with a multinational law firm headquartered in London, we prepared a guide containing entry-level information for conducting oil... More

Corporate, environmental & mining advice Iron Ore project

Corporate, environmental and mining advice on US$18bn Iron Ore project, Guinea

The Government of Guinea, via its international counsel required advice on the US$18bn Simandou Iron Ore Project and its associated... More

Corporate & tax advice for TSX-listed mining services provider

Corporate advice & tax restructuring advice for TSX-listing subsidiary in Guinea

JWF lawyers incorporated a local subsidiary from a TSX-listed mining services provider and provided corporate advice including tax... More

Mining investment laws

Advice on mining investment laws in Guinea

Acting for a major Japanese mining house in relation to its investment process in Guinea, the JWF legal team reviewed all the laws relating... More

Target asset & exploration permits for Bauxite & Iron Ore

Advice on target asset and exploration permits for Bauxite & Iron Ore in Guinea

Our mining lawyers advised a London-listed junior company about their activities in Guinea, conducting a full due diligence review of the... More

Banking regulation across 5 jurisdictions

Advising Leading International Bank on Regulation across 11 jurisdictions

We advised a leading international bank on regulatory aspects of retail banking across the Francophone region, including banking licences,... More

Potential mining investment into Guinea

Mining Investment Pre-feasibility Assessment in Guinea

We advised a client on its potential investment into Guinea. We reviewed all aspects of the mining code, as well as company law and law... More