URGENT

Guinea opens $7.5 billion in projects to investors

By , based on Guinee7

Map: Guinea

Guinea is making more than $7.5 billion in projects available to investors, notably in economic zones, energy and electrification. The portfolios presented at the Simandou Mining Summit target 85,000 jobs and more than $3 billion in energy modernisation, according to Guinee7.

Guinea has presented investors with projects for special economic zones and industrial parks representing nearly $1 billion in potential investment. These infrastructures could generate up to 85,000 direct and indirect jobs along the Simandou growth corridor, during the Simandou Mining Summit 2026, according to Guinee7.

Guinea’s Ministry of Energy also presented an energy modernisation portfolio worth more than $3 billion. It notably includes the Fomi multipurpose dam, estimated at $460 million, a 500-megawatt gas-fired power plant costing $550 million, as well as a 225-kilovolt high-voltage power line between Linsan and N’zérékoré, valued at $400 million. The programme also provides for the electrification of 256 localities and a medium-term rural electrification programme worth $1.483 billion.

In the water sector, the Guinea Water Compact 2026-2040 represents an investment of $3.48 billion. This programme of 85 actions aims to improve access to drinking water for more than 17 million people and reduce technical network losses from the current 44 to 48% to 28%. Only 11% of the required financing has been secured. The mobilisation of $2.1 billion is planned by 2030, with 2027 presented as decisive for finalising financing and launching tariff reform at the Société des eaux de Guinée (SEG).

Guinea’s Ministry of Livestock also presented a strategy to develop poultry production in order to reduce dependence on imports of frozen chicken. It is based on a national poultry population estimated at 25.2 million birds and provides for the creation of ten territorial production hubs, associated with ten regional slaughtering and processing complexes.

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Simandou mining project

Baowu Resources publishes an ESG report on Simandou, while Guinea prepares the Simandou Mining Summit and funds Simandou 2040.

The latest developments

Earlier in this story

  1. 12 NovGuinea presents four infrastructure projects to investors
  2. 12 NovGuinea puts Conakry BRT cost at $361 million
  3. 12 NovDjiba Diakité presents Simandou 2040 doctrine to investors
  4. 11 NovZenab Dramé reappears at Simandou Mining Summit after acquittal
  5. 11 NovGuinea opens Simandou Mining Summit a year after mine launch
The whole story: 16 articles →

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