1. NRGI Impact: Guinean Communities Benefit from Mining Revenues and Civil Society Capacity Building
- Author:
- Natural Resource Governance Institute
- Publication Date:
- 10-2022
- Content Type:
- Policy Brief
- Institution:
- Natural Resource Governance Institute
- Abstract:
- Like many resource-rich low-income countries, Guinea faces challenges in leveraging its natural resource wealth for sustainable development. Despite being the world’s second largest bauxite producer and rich in iron ore, gold and diamonds, Guinea has so far delivered only limited benefits from mining to its citizens, more than half of whom live in poverty. Guinea introduced sector-wide reforms following democratization in 2010 and is successfully implementing the Extractive Industries Transparency Initiative (EITI). However, social unrest, political instability, and the impacts of the Ebola crisis and coronavirus pandemic have slowed the country’s progress toward ensuring that mining income helps improve citizens’ quality of life.
- Topic:
- Civil Society, Natural Resources, Mining, Revenue Management, and Revenue Sharing
- Political Geography:
- Africa and Guinea