Kamsar, Friday 21st February 2020 —– Guinea Alumina Corporation S.A. (GAC) is proud to announce that Aissata Béavogui, Director General of the company, is the recipient of the prestigious 2020 MIGA Gender CEO Award from the Multilateral Investment Guarantee Agency (MIGA), which is part of the World Bank Group. Ms Béavogui will receive the award on 5th March during an official MIGA ceremony that will be held at the World Bank’s headquarters in Washington.
This award was launched in 2016 to recognise the senior managers of the Agency’s clients that are actively involved in promoting gender equality, reducing poverty and boosting shared prosperity.
Aissata Béavogui was nominated this year for her personal involvement and leadership in the implementation of positive actions for the riverside communities at the GAC mining concession. In particular, MIGA recognised her commitment to promoting women and gender equality, and also recognised the work she is doing to support the financial empowerment of women through the implementation of revenue-generating activities and access to microcredit.
As Director General, Aissata Béavogui has led many projects that contributed to significantly improving the living conditions of people affected by GAC’s mining operations. She is leading the implementation of social programs that can yield a positive impact on the communities through schools and health centres, the improvement of animal production and agriculture, and training for young people and adults.
Hiroshi Matano, MIGA Executive Vice President, said: “MIGA appreciates its partnership with Guinea Alumina Corporation, and we think that shining a spotlight on you and the work of the company in Guinea will encourage new investments in the country that are essential for generating positive results in terms of development.”
After learning that she will be the 2020 MIGA Gender CEO Award recipient, Aissata Béavogui said: “It’s a great honour to receive this award. I have the firm conviction that no sustainable development can occur in Africa without the profound involvement of women. They remain a major pillar for building an economically and socially strong continent.”
Aissata Béavogui was appointed Director General of Guinea Alumina Corporation in 2016. In addition to her role as Director General, she has also been Director, Corporate Social Responsibility since September 2019, and as such, she oversees all practices implemented by GAC in order to comply with sustainable development principles (social, environmental and economic).
About the Multilateral Investment Guarantee Agency (MIGA)
The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group. Our mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders. As part of the $750 million loan agreement obtained by GAC in May 2019, MIGA extended political risk insurance cover to commercial banks participating in the loan.
Guinea Alumina Corporation S.A. (GAC) mines and exports metallurgical-grade bauxite. A wholly owned subsidiary of Emirates Global Aluminium (EGA), based in the United Arab Emirates, the company operates a mining concession located in the northwest of the Republic of Guinea, in West Africa. Once mined, the ore is sent by rail to the company’s port facilities at Kamsar, on the country’s Atlantic coast, and then shipped by sea to world markets. GAC employs 1,000 people and produces 12 million tonnes of bauxite a year once the ramp-up is complete. Its current mining plan provides for operations up to 2040. For more information, please visit www.gacguinee.com.
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