The 11th annual follow-up session of Guinea's Simandou 2040 program took place, bringing together key stakeholders to assess the progress of the first projects. The program aims to drive development in the country, with a focus on financing, deadlines, and measures to maintain momentum. The meeting included the Delivery Unit, the Guinea Development Board (GDB), and several ministerial departments. Discussions centered on the execution of 122 projects, their financing, and adherence to set timelines.

Mamoudou Nagnalen Barry, President of the Board of Directors of the TransGuinean Company (CTG), expressed his satisfaction with the session, highlighting the participation of various stakeholders. He noted that several projects have already been launched, and financing has been mobilized. Barry emphasized the need to maintain the pace to achieve the program's objectives, including executing all 122 projects within the set deadlines and mobilizing private sector financing.

Thierno Souleymane Bah, advisor to the Prime Minister, described the meeting as a crucial step in coordinating efforts among program stakeholders. The program, highly valued by the President of the Republic, aims to drive Guinea's development trajectory. Bah emphasized the importance of collaboration among stakeholders, including the Delivery Unit and GDB, to ensure the program's successful implementation.

The meeting addressed strategic sectors critical to the program's success, including energy and housing. Participants discussed challenges and opportunities in these areas, aiming to guarantee the program's overall success. The energy and housing sectors are vital components of the Simandou 2040 program, which seeks to drive sustainable development in Guinea.

According to Mamoudou Nagnalen Barry, the program's progress is encouraging, with several projects launched and financing secured. He expressed hope that the momentum will be maintained, enabling the execution of all 122 projects within the set deadlines. The program's success relies on continued collaboration among stakeholders and the mobilization of necessary resources.

Thierno Souleymane Bah highlighted the importance of the Simandou 2040 program to Guinea's development, emphasizing the need for effective coordination among stakeholders. The program's implementation is critical to achieving the country's development goals, and the meeting provided a platform for stakeholders to share progress and address challenges.

The Simandou 2040 program is a key initiative aimed at driving Guinea's economic growth and development. With 122 projects underway, the program's success will depend on continued collaboration, effective coordination, and the mobilization of necessary resources. Stakeholders remain committed to maintaining momentum and achieving the program's objectives, which are critical to Guinea's future development.

Key points

  • The 11th annual follow-up session of Guinea's Simandou 2040 program reviewed progress on 122 projects.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.