The Private Investment Promotion Agency (APIP-Guinea), the organisation responsible for promoting private investment and implementing the Government’s policy for investment development today announced the inaugural Guinea Investment Forum (GUIF) to take place on 24-25 February 2021 at the Sheraton Grand Conakry. Given the current pandemic, this event will be a hybrid event with attendees joining the event either on a virtual platform or in person.
Nampry Camara, Managing Director, APIP-Guinea said: “The Guinea Investment Forum will be the first transactional platform for key investment actors, including: Guinean government, national, regional and international development partners in the Republic of Guinea to consider and discuss project opportunities in Guinea. Attendees will benefit from 2 days of discussions with key partners and the government will share their incentives to entice investment to Guinea”.
Mr. Gabriel G. Curtis, Minister of Investments and Public-Private Partnerships said: “Guinea’s economy has been growing at a rate of 6% we have already invested $10 billion in mining projects since 2011, $2.1 billion in the construction of hydroelectric dams (Kaleta and Souapiti) and $2.2 billion has been invested in the development of road infrastructure since 2011. We want to further the progress already made and outline the security and profitability of potential investments within the framework of a win-win partnership”.
Guinea had already seen significant advancement with 51,796 companies created since 2015, 4,000 km of submarine cable (ACE) deployed and is the largest bauxite exporter in the world. With 13 million hectares of arable land the country is ripe for investment.
The Guinea Investment Forum has been created in collaboration with the African Development Bank (ADB) and the World Bank through its subsidiary the International Finance Corporation.
MORY Camara concluded, “The Guinea Investment Forum will showcase credible projects that have been carefully selected to be presented to an audience of international investors. The 5 sectors we are emphasising are Mining, Agriculture, Infrastructure, Energy and ICT. This is an important forum to showcase the opportunities that Guinea has to offer”.
The conference sessions will be bilingual, with presentations and panel discussions led in French, and simultaneous translation to English. The event will also deliver secure one-to-one virtual meetings with project owners and international investors for in-depth discussions to take place.
Registration is now open at www.guif.apipguinee.com