Country Guide - Guinea
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12 September 2023
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The Republic of Guinea is experiencing a considerable acceleration of its economic and social development due to the abundance of natural resources. If many investors converge to this destination, it is also probably because Guinea is characterized by a large workforce of its youth and a high demand for infrastructures and services.

The Guinean economic system is based on the free market and investment policies are set to ensure that no restriction or discrimination is made regarding foreign investment. Investments in natural resources, such as mining, may require a licence from the relevant authorities.

Guinea is in the extreme west of Africa and is bordered by the Atlantic Ocean, Côte d'Ivoire, Guinea Bissau, Senegal, Mali, Liberia and Sierra Leone. Guinea is home to the sources of the great West African rivers (Senegal, Niger, Gambia) and Mount Nimba, the highest point in West Africa (1752 m). The official language is French.

Business and investment are regulated by Law L/2015/N°008/AN, which introduced the Investment Code in Guinea.

Guinea is a member state of several multilateral organizations such as: Economic Community of West African States (ECOWAS); Organization for the Harmonization of Business Law in Africa (OHADA) etc.

Guinea is a member of the revised Bangui Agreement of March 2, 1977, instituting the African Intellectual Property Organization (OAPI), which is charged with intellectual property protection. OAPI has a membership of 16 African states; protection given in any one of these states is subsequently valid in all 16 countries.

Download the Guinea Tear Sheet