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Business Daily: Guinea

05/11/2009

Guinea

BBC World Service - Business Daily, Guinea

Guinea is resource-rich but cash poor.  Can the economy survive its political problems?

Guinea in West Africa is resource-rich but cash poor and facing global international condemnation. Can the economy survive the crisis?

Guinea could be one of West Africa's richest countries.  It's the world's largest exporter of bauxite - the key ingredient for aluminium - and has an abundance of gold, iron ore, diamonds and possibly oil.  So why does this country remain one of Africa’s poorest? 

Ed Butler reports from a country where,  despite international sanctions and turbulent politics, the wheels of business just keep turning.

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