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The World Bank urged Guinea to channel revenues from the Simandou iron-ore project—the world’s largest deposit—into economic diversification and resilience, World Bank vice president for West and Central Africa Osman Diagana said in Conakry on Monday

2026-10-06

The World Bank urged Guinea to channel revenues from the Simandou iron-ore project—the world’s largest deposit—into economic diversification and resilience, World Bank vice president for West and Central Africa Osman Diagana said in Conakry on Monday. Diagana said officials should focus not just on export volumes but on how Simandou can create jobs, investment and new economic opportunities, calling the project a historic chance to shift the economy. Simandou began production in November last year; Guinea exported 6.8 mln t of iron ore from the concession in 1H. The IMF expects mining-led growth to lift GDP from 6.7% in 2025 to 8.7% this year and 9.3% next year.

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2026-10-06

Siberian local officials said 60% of tested individuals have been released from quarantine following the death of a laboratory worker from plague.

Siberian local officials said 60% of tested individuals have been released from quarantine following the death of a laboratory worker from plague.
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