By the AFREEQUE newsroom, based on Guinéenews
The Guinean state raised 4,579 billion Guinean francs in its latest public offering, against a target of 2,500 billion, a subscription rate of 183%. Economy Minister Mariama Ciré Sylla presented the result and spoke of investors’ confidence, according to Guinéenews.
Ongoing story · day by day
Guinea raises GNF 4,579 billion, or 183% of the target for the Guinean loan.
25 OctGuinea raises 4,579 billion GNF, already published
24 OctGuinea budget sets aside 913 billion francs to stabilise fuel prices
24 OctGuinea keeps fuel at 12,000 francs in revised budgetGuinean Economy Minister Mariama Ciré Sylla presented MPs with a revision of the 2026 budget that lowers expected growth to 8.26% and raises projected average inflation from 3.5% to 5.2%. The supplementary finance bill also provides 913 billion Guinean francs to stabilise petroleum product prices, according to Mosaiqueguinee.
🇬🇳 Guinea · Source: Mosaiqueguinee ·
The Guinean government has earmarked 5,499 billion Guinean francs to keep a litre of fuel at 12,000 GNF, while public investment falls by 2,729 billion. The measure raises the projected budget deficit from 0.7% to 2.01% of GDP, according to figures presented by Minister Mariama Ciré Sylla.
🇬🇳 Guinea · Source: Guinee360 ·
Guinea’s supplementary budget bill keeps the price of a litre of petroleum products at 12,000 Guinean francs and provides for 5,489 billion francs in subsidies. By 15 October, revenue had reached 44,225 billion and committed spending 29,982 billion, while 2026 growth is now forecast at 6.6%, according to Minister Mariama Ciré Sylla.
🇬🇳 Guinea · Source: Guinee7 ·
The Guinean state raised 4,579 billion Guinean francs, or 183.17% of the initial target, through a bond issue in which seven banks took part. Afriland First Bank Guinea provided nearly 30% of the funds, according to EcoMatin.
🇬🇳 Guinea · Source: EcoMatin ·
Guinea’s U18 team returns with school World Cup silverGuinea’s U18 school team returned to Conakry with the silver medal from the World Cup held in Suzhou, China. Beaten by Croatia on penalties after a 1-1 draw in the final, it had previously defeated Brazil, Thailand and Germany, according to Guinee7.
Nigerian company to issue renewable energy certificates in LagosEF Market Solutions Nigeria Limited has been approved to issue international certificates confirming renewable electricity production in Lagos, previously issued by a British company. The accreditation from the Dutch I-TRACK Foundation could help solar operators access international buyers, according to the Nigerian company.The week in Africa
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