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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

Reforms, investment in mines, agriculture, and infrastructure, as well as the end of the Ebola crisis, contributed to an economic upturn in 2016. Real GDP grew 6.6%, reflecting strong performance in agriculture (which grew 5.8%), mining (which grew 33.5%), and energy (which grew 34%). Real GDP growth was an estimated 6.4% in 2017 and is projected to average 6.2% in 2018–19, driven by strong performances in mining, agriculture, and construction.

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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

Guinea Country Office

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

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

Mr Leandre Bassolé, Country Manager

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