Guinea

The Guinean economy has suffered from mismanagement of the military junta in 2009, which led to inflation, corruption and named them the most failed in the world at the head of states.

But Guinea has abundant natural resources it holds two-thirds of the world's bauxite reserves, but also has gold, diamonds, and a large hydro-power potential.

The return to political stability, with Alpha Conde, the first democratically elected president in December 2010 is expected to restart the economy.

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  • Μέρος του λόγου: proper noun
  • Κλάδος/Τομέας: Economy
  • Category: Economics

The 10 Worst African Economies

Category: Business

Total terms: 12

Δημιουργός

  • Marouane937
  • (Beijing, China)

  •  (Bronze) 441 points
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