On September 18, 2026, President Mamadi Doumbouya of Guinea enacted a law ratifying four ordinances aimed at mobilizing funds for strategic sectors. The law, L/2026/001/AN, allows for the allocation of over €416.8 million, approximately 3,900 billion GNF, to modernize the national electricity grid and develop key road infrastructure. This move is expected to significantly impact the country's energy and transportation sectors.
The ordinances focus on two main areas: energy and infrastructure. In the energy sector, three ordinances were ratified. Ordinance n° 2026/003/PRG/SGG, dated June 30, 2026, concerns the financing of the Guinea-Mali 225 kV electrical interconnection project. This project aims to secure energy exchanges and consolidate the sub-regional interconnected network. Additionally, Ordinance n° 2026/004/PRG/SGG, also dated June 30, 2026, involves a credit agreement with a banking consortium led by Deutsche Bank AG and Crédit Agricole Corporate and Investment Bank.
The credit agreement, totaling €187,120,667.92, will finance an integrated project for the production and transportation of electrical energy to support the national supply. Another ordinance, n° 2026/001/PRG/SGG, dated June 8, 2026, establishes a collaboration framework between Guinea, Électricité de Guinée (EDG SA), and Elektra General Trading FZE. These initiatives are expected to alleviate power outages and expand the country's energy coverage.
In the infrastructure sector, Ordinance n° 2026/005/PRG/SGG, dated June 30, 2026, was ratified. This ordinance concerns a credit agreement for the construction and paving of the RN29 national road, connecting Faranah to Dabola over 106 km. The agreement, valued at €229,719,970.74, was signed on May 8, 2026, between the Guinean government and Deutsche Bank S.A.E.U. (Spain). This project will reduce travel time between Haute-Guinée and Guinée centrale, thereby stimulating regional commercial exchanges.
The implementation of these projects is expected to have a positive impact on Guinea's economy and population. The development of the national electricity grid and road infrastructure will improve living conditions and foster economic growth. By investing in these strategic sectors, the government aims to address the country's energy and transportation challenges.
The ratification of these ordinances demonstrates the government's commitment to developing Guinea's infrastructure and energy sectors. The allocated funds will be used to implement projects that have been identified as priorities for the country's development. This move is part of a broader strategy to modernize the country's infrastructure and improve the standard of living for its citizens.
The successful implementation of these projects will depend on effective project management and coordination between the various stakeholders involved. The government's ability to execute these projects will be closely monitored, and the impact on the country's energy and transportation sectors will be assessed in the coming years.
Key points
- The law ratifies four ordinances to mobilize over €416.8 million for energy and infrastructure projects in Guinea.
