Africa Monitor Intelligence
Guinea-Bissau: External Financing Alleviates Financial Difficulties
The EU is committed to promoting realistic cooperative relations in the region, with mutual benefits, particularly in the strategic extractive sector. The minerals of Niger (uranium and lithium, oil and gas) and Mali (iron, manganese, phosphate, zinc, copper, diamonds, phosphates), in addition to the bauxite of Goual, the largest reserve in Africa (80 km from Buba), and the iron ore of eastern Senegal (300 km from Buba), are critical for the EU.