Guinea

Guinea Economic Outlook

  • The Ebola epidemic ended in December 2015, but left the country in a state of devastation, with near-zero growth, a budget deficit of more than 7% of GDP and major constraints on its capacity to accelerate essential reforms to relaunch development and transform the economy structurally.
  • Progress has been slow to materialise in the social sectors, with poverty on the increase, made worse by the negative impact of Ebola on income-generating activities and by spending on presidential elections.
  • Rapid, poorly controlled urbanisation is adding to social pressures, and implementation of the national housing policy (Vision Habitat 2021) is a national priority that should place young people at the centre of challenges and issues that lie ahead.

AfDB and Guinea

Cooperation between the African Development Bank (AfDB) and Guinea dates back to 1974. As of October 2011, the Bank Group had financed 77 operations (58 projects, nine studies, seven institutional support operations and three non-project loans) valued at approximately US $818 million. Bank-funded projects are primarily in the areas of infrastructure/energy, agriculture, the social sector and multi-sector.

Contacts

Bureau de Liaison de la Guinée

BAD/PARCGEF
Immeuble « Air France » Ex Fria Base, 7ème Etage
Quartier Almamya, Kaloum
Conakry, Guinée

Tél : (+224) 669279031 / (+224) 620202073

M. Olivier Manlan, Economiste Pays Résident

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46