Abstract
Guinea is an exemplary case of North-South exploitation, as well as of the ambiguities involved on both sides. This is what is shown by the case of its foreign-stored gold reserves and the unclear attempts of Guinea’s current military junta to take back control. As poor transparency in European-African financial relations is still too often the case, the solution lies in reforms on both sides. It must involve both the European Union and the African Union, and from there it should be expanded to a more general reexamination of North-South financial relations in toto, writes Roland Benedikter.