Bussines in Guinea
Against a background of internal tensions, 2009 saw the start of a political transition towards the first free and transparent elections in the
country's history. In the economic context, with the global economic and financial crisis, the country is faced with a dramatic drop of more
than 40% in the price of aluminium, its principal export.
Prospects are good for 2010 and especially 2011, with a return to a new constitutional order, the rebuilding of trust with development partners
and improved stability in the sub-region. These developments will help to improve the business climate and the attractiveness of investing in
Guinea. The decisive signal will come from a revival in OECD countries, economic recovery in developing countries, especially in Asia, and
greater relaxation of mining markets.
Social calm reinforced by a policy to combat poverty through decentralisation and microfinance will have a certain impact on growth, especially
in the food production, livestock, traditional fishing and gold prospection sectors. These initial short-term measures will send a positive
signal for the resumption of talks on conditions for reaching the completion point of the HIPC Initiative.
How's business Market in Guinea ?
Guinea Business comments
It's very difficult to do business over here at moment with corruption in mind of every officials.
Joseph , Guinea
Forget about business these people must first clean up the corruption in Country.
dalton , England
A wonderful job. Super heplufl information.
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