Guinea

Guinea Economic Outlook

  • Economic growth in 2014, estimated at 0.6% versus an initial 4.5% target, was weaker than projected because of the Ebola epidemic.
  • Political tensions have endured despite the new parliament set up in January 2014, marking the end of the transition period.
  • Ebola increased the social cost of the country’s macroeconomic stabilisation, harmed the living conditions of the most vulnerable people and further reduced the country’s likelihood of achieving the Millennium Development Goals.

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

Key Facts

Flag:
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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