Sub-Saharan Africa
Sputnik brings you all the most recent information, major events, heroes and views, including breaking news, images, videos, analyses, and features.

Russia Ready to Help Guinea-Bissau Explore Its Mineral Resources

© Photo Russian Ministry of Natural ResourcesMemorandum on cooperation in geological field signed in Moscow by Russian and Guinea-Bissau Ministers of Natural Resources
Memorandum on cooperation in geological field signed in Moscow by Russian and Guinea-Bissau Ministers of Natural Resources - Sputnik Africa, 1920, 26.02.2025
Subscribe
On February 26, Guinea-Bissau's President Umaro Sissoco Embalo arrived on a state visit to Russia to hold talks with Russian President Vladimir Putin.
A few hours before the talks between the leaders of Russia and Guinea-Bissau, Alexander Kozlov, the Russian Minister of Natural Resources, and his Guinea-Bissau counterpart Malam Sambu signed a memorandum of cooperation in the field of geology and subsoil use in Moscow.
The agreement outlines the cooperation between the two countries at these levels:
Conduct geological exploration;
Study and develop mineral resources;
Assess reserves;
Develop projects to exploit deposits;
Conduct laboratory research;
Assist in certification.
Economy Ministers Maxim Reshetnikov and Soares Sambu signing a memorandum of understanding on the establishment of a consultation mechanism on their economic, trade and investment cooperation, February 2025 in Moscow - Sputnik Africa, 1920, 26.02.2025
Sub-Saharan Africa
Russia & Guinea-Bissau Strengthen Their Economic Cooperation
"Data indicate the existence of bauxite and phosphate deposits on the territory of the Republic," said Kozlov.
Moscow can also provide support in the study of solid minerals and hydrocarbons, he argued.
Guinea-Bissau wants cooperation to be established quickly, as this will lead to job creation, added Sambu.
Newsfeed
0