Guinea's Conde names mining executive as new prime minister

  • 2/5/2023
  • 18:36
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CONAKRY, , Rabi'I 16, 1437, December 27, 2015, SPA -- Guinea President Alpha Conde named mining executive Mamady Youla as prime minister on Saturday as part of a strategy to revive the West African nation's ailing economy, the government announced, according to Reuters. Guinea is a major producer of bauxite, an aluminium ore, but growth has been hamstrung by a slump in metals prices and a two-year Ebola epidemic that killed more than 2,500 people and has driven away some investors. Conde was re-elected to a second five-year term in a landslide victory in October, pledging to get Guineans back to work. "The nomination of Mamady Youla, a senior Guinean executive in the private sector and administration, confirms President Alpha Conde's new push to support job creation and training ... and reinforce Guinean businesses," a government statement said. From 2004 until his appointment as prime minister, Youla served as managing director of Guinea Alumina Corporation. GAC, which possesses a bauxite concession in Guinea's Boke region, is a subsidiary of Emirates Global Aluminium, owned by Abu Dhabi investment fund Mubadala and Investment Corporation of Dubai. Prime Minister Mohamed Said Fofana and his government resigned on Wednesday, following a tradition in which presidents typically change their cabinets following election. The government statement said Youla was expected to name new ministers in the coming days. --SPA 01:49 LOCAL TIME 22:49 GMT www.spa.gov.sa/w

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