Guinea

  • Economic growth should accelerate in 2012 and 2013.
  • The satisfactory outcome of the implementation of the referral programme should make it possible for the country to reach an agreement with the International Monetary Fund (IMF).
  • The mismatch between education and training on the one hand and the needs of the labour market on the other lies behind the high rate of 30% unemployment among the young.

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

Mr. F.J.M. Perrault
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 71 10 24 00/71 10 21 58
Fax: (216) 71 10 37 46








Key Facts

Flag:
Capital: Conakry
Area: 245,857 sq km
Total Population 2011: 10.2 Million
Urban Population 2011: 35.90%
Female Population 2011: 49.50%
GDP: US$ 5.9 Billion
GNI Per Capita 2010: US$ 400
Inflation Rate: 21.20%
Crude Birth Rate (per 1000): 38.40%
Human Development Index (rank / 187): 178
Human Development Index (scale 0 to 1): 0.344
Membership Date: 10/09/1964
Cumulative Approvals (1967-2011): UA 768.9 Million

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