burgundia
10-12-2009, 02:43 PM
http://www.ft.com/cms/s/0/87afaf4e-b693-11de-8a28-00144feab49a.html?nclick_check=1
The military-backed government of Guinea, one of the poorest states in West Africa, is negotiating with a Chinese fund to bring in billions of dollars of financing for infrastructure and minerals projects – and to prospect for oil.
Talks could be concluded by the end of the year, according to Mohamed Thiam, the country’s minister of mines, potentially pitching Chinese interests directly against those of the west at a time of growing competition for African resources.
The military-backed government of Guinea, one of the poorest states in West Africa, is negotiating with a Chinese fund to bring in billions of dollars of financing for infrastructure and minerals projects – and to prospect for oil.
Talks could be concluded by the end of the year, according to Mohamed Thiam, the country’s minister of mines, potentially pitching Chinese interests directly against those of the west at a time of growing competition for African resources.