Tony Blair visits Guinea, Simandou simmers on…

Former UK prime minister Tony Blair, an adviser to the administration of president Alpha Conde, visited Guinea this week.  He welcomed progress on the timetable for parliamentary elections, which are a long way behind schedule.  Meanwhile, the Guinean administration continues to sit on a decision about whether or not to expropriate Simandou.  A clean breast of things, as Paul Collier suggests, or a recipe for the destruction of investor confidence?  Your call.  Our thought is that while Conde seems determined to extract the greatest possible benefit for the people of Guinea, his statist instincts look outmoded and counter-productive. Whatever, expropriation would be bad news.