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Guinea

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.

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Guinea Economic Outlook

  • In 2016, growth bounced back to 4.9% thanks to political appeasement and good performance in mining and agriculture after two years of weak growth (1.1% in 2014 and 0.1% in 2015) mainly due to the Ebola epidemic.
  • Social cohesion and reducing inequalities have remained pressing challenges in a context of endemic poverty, which is worse in rural areas.
  • Turning the authorities’ vision for change into economic and social progress is encumbered by a systemic shortage in the administration’s capacities and piecemeal, poorly co-ordinated implementation of decisions and actions.

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Key Facts

Flag:
Capital: Conakry
Area: 245,857 sq km
Total Population 2017: 13.3 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 5.7 Billion
GNI Per Capita 2015: US$ 470
Inflation Rate: 6.51%
Crude Birth Rate (per 1000): 35.50%
Human Development Index (rank / 188): 183
Human Development Index (scale 0 to 1): 0.414
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 820.5 Million

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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

West Africa Region

Mr. M. Janvier LITSE, Director West Africa Region

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

TEL. : (+225) 20 26 40 47