The Ministry of Economy, Finance and Budget (MEFB) of Guinea, through its Directorate General of Financing, officially launched the 2026 Bond Issue on September 25. The initiative aims to mobilize 2,500 billion GNF over a month, from September 25 to October 23, 2026. This bond issue is open to everyone, with a minimum subscription of 5 million GNF and an annual interest rate of 11%.
According to the Director General of Financing, Aboubacar Sidiki Diakité, this operation aligns with the vision and orientations set by President Mamadi Doumbouya to transform the Guinean economy, develop infrastructure, and strengthen national resource mobilization. The Guinean government, under the leadership of Prime Minister Amadou Oury Bah and Minister Mariama Ciré Sylla, continues its efforts to diversify financing sources and deepen the national market.
Guy Laurent Fondjo, Managing Director of Afriland First Bank, expressed confidence in the Guinean economy, citing a significant increase in resources collected by the banking sector over the past decade. He believes the 2,500 billion GNF target is achievable and encourages citizens to subscribe to the bond issue, emphasizing that the funds will be used for national development projects such as roads, hospitals, and energy.
Minister Mariama Ciré Sylla explained that the 2026 bond issue is part of the government's strategy to mobilize domestic resources and support the country's development program, Simandou 2040. The program aims to drive investment in infrastructure, agriculture, and other sectors, aligning with the expectations of the Guinean population. She highlighted the improvement in the country's credibility and sovereign rating, which has increased from B to B+ with a positive outlook.
The Minister also noted a significant increase in state revenue, with a 50% growth in tax and non-tax revenue between 2024 and 2025. Guinea's economic growth has been impressive, rising from 5.4% in 2024 to 7.1% in 2025, with an expected growth rate of 6.8% in 2026. Inflation is under control, and the country's debt level is decreasing.
Afriland First Bank is leading the bond issue, which is part of a syndicate of banks including Ecobank, Orabank, BCI, Vista-Gui, AFG Bank, and Sky Bank. The bond issue is a significant step towards achieving the government's development goals and mobilizing domestic resources to support national projects.
The launch of the 2026 bond issue demonstrates the Guinean government's commitment to developing the country's economy and infrastructure. With a strong banking sector and improving economic indicators, Guinea is poised to achieve its development goals and provide opportunities for its citizens to contribute to the country's growth.
Key points
- The 2026 bond issue aims to mobilize 2,500 billion GNF for national development projects.
- The bond issue has an annual interest rate of 11% and a minimum subscription of 5 million GNF.
- The initiative aligns with the government's development program, Simandou 2040, which aims to drive investment in infrastructure, agriculture, and other sectors.
