-LRB- CNN -RRB- -- A military junta that toppled Guinea 's government announced its new leader Wednesday in a nationwide radio address . Capt. Moussa Dadis Camara wrapped in the Guinean flag Wednesday . Capt. Moussa Dadis Camara declared himself president of the National Council for Democracy , which he called a transitional body that will oversee the country 's return to democracy . In effect , that would make Camara president of Guinea , which was thrown into turmoil Monday after the death of President Lansana Conte . Camara also declared a curfew from 8 p.m. to 6:30 a.m. local time . Guinea 's parliament is holding negotiations with the military , Africa News reporter Mamdou Dian Donghol Diallo told CNN . `` For the time being the situation is calm and negotiations are under way , '' Diallo said . `` There is no traffic . Everyone is staying inside their homes . '' Camara , previously the spokesman for the National Council for Democracy , suspended the government , constitution , political parties and trade unions , Diallo said from Conakry . The newly formed government , made up of 26 military personnel and six civilians , is negotiating a power-sharing deal that would reflect its ethnic make-up , Diallo said . But some in the military may not support the new leadership , he said . International institutions , including the African Union , have condemned the coup . Guinea , in western Africa bordering the Atlantic Ocean , has had two presidents since gaining independence from France in 1958 . Conte came to power in 1984 , when the military seized control of the government after the death of the first president , Sekou Toure . The country did not hold democratic elections until 1993 , when Conte was elected president . He was re-elected in 1998 and 2003 amid allegations of electoral irregularities . Worsening economic conditions and dissatisfaction with corruption and bad governance prompted two massive strikes in 2006 , the CIA World Factbook says . A third nationwide strike in early 2007 sparked violent protests that resulted in two weeks of martial law . To appease the unions and end the unrest , the Factbook says , Conte named a new prime minister in March 2007 . Guinea is one of the poorest countries in the world , despite its mineral wealth , according to the British charity Plan UK . The country hosts large refugee populations from neighboring Liberia and Ivory Coast .