The government of Guinea has launched its sixth bond emission, aiming to raise 2,500 billion Guinean francs (GNF) to fund infrastructure, energy, health, and education projects. The event, held in Conakry on September 25, 2026, was presided over by Minister of Economy, Finance, and Budget Mariama Ciré Sylla. This operation is part of the country's strategy to achieve financial sovereignty and transform national savings into a development lever.

The bond emission, designed to ally economic civism and financial profitability, offers an interest rate of 11% net of tax and a maturity of 5 years. The entry ticket is set at 5 million GNF, accessible to both individuals and companies. Afriland First Bank Guinea has been reconducted as the arranger and lead manager of the operation for the third consecutive time. The bank's Managing Director, Dr. Guy Laurent Fondjo, expressed gratitude to the government for the renewed trust.

The Guinean government aims to accelerate its march towards financial autonomy, with a vision led by President Mamadi Doumbouya and integrated into the Simandou 2040 program. This operation marks a strategic turning point, seeking to mobilize national wealth to build the country's future without relying on external sources. The bond emission is expected to support the development of infrastructure, energy, health, and education projects.

The Governor of the Central Bank of the Republic of Guinea (BCRG), Karamo Kaba, reassured attendees that the public call for savings offers a regulated and secure investment opportunity, backed by the state's sovereign responsibility. He emphasized the importance of domestic savings, stating that it is not only a financial capital but also a civic engagement.

The banking sector in Guinea has expressed its full commitment to the bond emission. Sidy Mohamed Chérif, representing the Professional Association of Banks (APB), stated that the sector has already mobilized six banks and can ensure that the target of 2,500 billion GNF will be exceeded. He highlighted the historical role of banks in supporting large-scale projects in the country.

Minister Mariama Ciré Sylla highlighted Guinea's accelerated growth, projected at 8.6% for 2026, and a contained public debt of less than 37%. She also noted the international recognition of Guinean reforms, including a rating upgrade by Standard & Poor's and increased foreign direct investment. The minister called on the diaspora, citizens, banks, and companies to invest in the country.

The successful implementation of the Simandou 2040 program will be measured by concrete achievements, including kilometers of roads built, additional megawatts of electricity, and jobs created. The minister announced the creation of a Sovereign Wealth Fund to preserve and fructify the country's natural resources for future generations.

Key points

  • The Guinean government aims to raise 2,500 billion GNF through the bond emission to fund infrastructure, energy, health, and education projects.
  • The bond emission offers an interest rate of 11% net of tax and a maturity of 5 years, with an entry ticket set at 5 million GNF.
  • The operation is part of Guinea's strategy to achieve financial sovereignty and transform national savings into a development lever.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.