Tip: Activate javascript to be able to use all functions of our website

Guinea

Focus on improving the standard of living

Guinea is a central state with a strong constitutional role of the president. A military junta ruled from 2008 to 2010. In 2010 and 2015, the first democratic presidential elections were held from which Alpha Condé emerged victorious. Ethnic strife and the dissatisfaction of the population with the progress made regarding the standard of living present a considerable risk for the domestic stability.

About 70 % of the population lives on less than 3 US Dollars per day which makes Guinea one of the poorest countries in the world. The low life expectancy of just 59 years reflects this poverty. The average years of schooling of adults amounted to only 1.6 years in 2011. With a death toll of over 2,500, Guinea was one of the countries most affected by the Ebola epidemic.

As a Least Developed Country (LDC), Guinea has received grants since 1979. Since 2000, there have been no intergovernmental negotiations with Guinea; instead commitments for development cooperation have been made biannually. Analogously to the EU engagement bilateral development cooperation was fully resumed after parliamentary elections were held in 2013.

Map of Guinea

Further information

Contact

KfW Development Bank

Phone

+49 69 74 31-42 60

eMail

info@kfw-entwicklungsbank.de
Transparency Portal

Learn more about our projects in Guinea and their results.

Read more