Guinea Economic Outlook

  • Political instability, due to tough negotiations over holding parliamentary elections along with problems with mining investment, slowed growth to about 2.0% in 2013 (from 3.9% in 2012).
  • The September 2013 parliamentary elections ended the political transition and ushered in better prospects for jobs and investment.

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.


Bureau de Liaison de la Guinée

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

Key Facts

Capital: Conakry
Area: 245,857 sq km
Total Population 2013: 11.8 Million
Urban Population 2013: 36.39%
Female Population 2013: 49.92%
GDP: US$ 6.6 Billion
GNI Per Capita 2013: US$ 440
Inflation Rate: 11.92%
Crude Birth Rate (per 1000): 36.92%
Human Development Index (rank / 187): 178
Human Development Index (scale 0 to 1): 0.355
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 791.3 Million

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