Guinea's Minister of Industry and Commerce, Aboubacar KOUROUMA, recently led a delegation to Türkiye to strengthen economic ties and explore investment opportunities. The mission focused on transforming Guinea's resources, developing industrial partnerships, and opening new commercial avenues. During the African forum "Agriconnect," the Guinean delegation presented the country's economic ambitions and discussed ways to translate them into concrete projects with Turkish business leaders.
The Agriconnect forum, which took place on November 3, 2026, brought together several African delegations and Turkish business leaders to share experiences and identify opportunities in agriculture and agricultural transformation. Minister KOUROUMA highlighted the inclusive and pan-African aspects of Guinea's Simandou 2040 socio-economic development program. He emphasized Africa's desire to take full advantage of its resources and develop its own production and processing capabilities.
Minister KOUROUMA stressed the importance of agriculture as a driver of Guinea's economy, citing the need to develop local processing and valorize agricultural land to create jobs and added value. The Guinean government aims to move beyond the country's mining potential and develop its agricultural sector. This approach aligns with Africa's broader goal of increasing its presence in global value chains.
The Guinean delegation also met with representatives of the Turkish MÜSİAD, an organization that brings together industrial and commercial companies. Discussions focused on strengthening economic relations between Guinea and Türkiye, with both parties reaffirming their commitment to reaching $500 million in economic and commercial exchanges. The meeting explored opportunities for cooperation in various sectors, including construction and trade.
The delegation then met with Ahmet Albayrak, Chairman of the Albayrak Group's Board of Directors. After a presentation on the group's activities, the parties discussed its operations in Guinea and future development prospects. Minister KOUROUMA invited the group to participate more actively in Guinea's industrialization, particularly in agricultural processing.
The Albayrak Group and the Guinean delegation agreed to quickly pursue discussions to identify concrete projects that could be implemented promptly and benefit both countries. This cooperation aims to support Guinea's economic development and create new opportunities for Turkish investors. The meetings demonstrated the commitment of both parties to strengthening economic ties and exploring new investment opportunities.
The mission highlights Guinea's efforts to diversify its economy and attract foreign investment. By developing its agro-industry and processing capabilities, the country aims to increase its economic growth and create jobs. The cooperation with Turkish companies and organizations is expected to play a significant role in achieving these goals and strengthening economic relations between Guinea and Türkiye.
Key points
- Minister KOUROUMA emphasized Africa's desire to take full advantage of its resources and develop its own production and processing capabilities.
- The Guinean government aims to develop local processing and valorize agricultural land to create jobs and added value.
- Guinea and Türkiye aim to reach $500 million in economic and commercial exchanges.
