The 12th session of the Strategic Committee for Monitoring the Simandou 2040 Program took place on October 28, under the chairmanship of Djiba Diakité, Minister and Director of the Presidential Cabinet. The meeting allowed stakeholders to review progress, identify challenges, and outline next steps to accelerate project execution. The program aims to drive Guinea's development through a series of ambitious projects. Minister Faya François Bourouno emphasized that the first months of execution have enabled stakeholders to better understand the requirements for realizing projects under the program.
According to Minister Faya François Bourouno, the initial phase has provided valuable lessons on planning, programming, execution, and monitoring-evaluation mechanisms. The government has also made progress in mobilizing financing and fostering dialogue among stakeholders. Bourouno stated that the committee has identified areas where progress is strong and areas that need improvement. This assessment will inform the program's future implementation.
Meissa Tall, from KPMG, noted that the regular sessions of the Strategic Committee demonstrate the Guinean authorities' commitment to closely monitoring the program's implementation. The first year of the program has focused on establishing the necessary institutional framework and launching initial projects with relevant ministries. Tall emphasized that 2026 has been a crucial year, marking the beginning of the program's execution.
The program's first year has seen significant achievements, including the creation of the Delivery Unit and Growth and Development Poles (GDP). The government has also launched programs with various ministries, marking the beginning of the first wave of projects. According to Tall, over 300 projects are slated for launch between 2026 and 2030.
Meissa Tall expressed optimism about the program's momentum, noting that the necessary institutions and decisions are in place to sustain the pace of project launches. The government faces the challenge of maintaining this momentum in 2027 and beyond. The program's success will depend on effective implementation and continued support from stakeholders.
The Simandou 2040 program represents a critical component of Guinea's development strategy. The program's scope and ambition underscore the government's commitment to driving economic growth and transformation. As the program progresses, stakeholders will closely monitor its impact and outcomes.
The government's efforts to ensure the program's success are evident in the establishment of a robust institutional framework. The Delivery Unit and GDPs will play key roles in overseeing project execution and driving growth. With over 300 projects planned, the program has the potential to significantly impact Guinea's economic and social development.
Key points
- The Simandou 2040 program aims to launch over 300 projects in Guinea between 2026 and 2030.
- The program's first year has focused on establishing the necessary institutional framework and launching initial projects.
- The government has made progress in mobilizing financing and fostering dialogue among stakeholders.
