On October 6, 2026, Mohamed Kourouma, CEO of Hamana SA, emphasized the importance of stability in Guinea for attracting and maintaining private investments. Speaking at a press conference, Kourouma highlighted the role of economic stability in fostering a favorable environment for investors. He noted that private investors take risks by committing their own resources, and their decisions are largely influenced by their confidence in the country's economic environment and stability.

According to Kourouma, investors do not rely on government guarantees when making investment decisions. Instead, they come with their own funds, expecting a stable environment to operate in. He warned that tensions and divisions can negatively impact investment choices, leading investors to opt for countries with more stability. This, in turn, can hinder Guinea's economic development, which Kourouma believes cannot solely rely on state action. The private sector must also play a significant role through investment, entrepreneurship, and job creation.

Lancei Keita echoed Kourouma's sentiments, emphasizing that trust is a critical factor for investors. Before committing millions to investments, they need assurances that they can operate in a stable environment. Keita stressed that certain narratives about instability can harm the country's overall image. He noted that when messages convey an image of an unstable country, it is not just the president and government that suffer, but the entire nation.

The executives of Hamana SA are calling for a favorable investment climate and strengthened trust among economic stakeholders. They believe that stability is essential for Guinea's economic growth and development. By promoting a stable environment, the country can attract and retain private investments, which are crucial for driving economic progress.

Kourouma's statement highlights the delicate relationship between economic stability and private investment. In Guinea, where economic development is a pressing concern, the role of the private sector is becoming increasingly important. The country's ability to create a stable and attractive investment environment will be critical in determining its economic trajectory.

The press conference held by Hamana SA aimed to shed light on the challenges facing Guinea's economic development and the importance of collaboration between the state and the private sector. The executives' message emphasizes the need for a concerted effort to promote stability and trust, which are essential for attracting and retaining investments.

The call for stability and a favorable investment climate comes at a critical time for Guinea, as the country seeks to boost its economic growth and development. By prioritizing stability and trust, Guinea can create an environment conducive to private investment, ultimately driving economic progress and improving the lives of its citizens.

Key points

  • Stability is crucial for attracting and maintaining private investments in Guinea.
  • Private investors take risks by committing their own resources, and their decisions are influenced by their confidence in the country's economic environment and stability.
  • A favorable investment climate and strengthened trust among economic stakeholders are essential for Guinea's economic growth and development.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.