Guinea African Development Tender

The National Office of the African Development Bank in Guinea COGN and the Guinean government proceeded between May 21 and 26 to tele-sign agreements of nearly 3.2 million for three new projects in digitization green energies and support for the competitiveness of the honey value chain.These commitments made by the Banks country manager Landre Bassol and Mrs. Kanny Diallo Minister of Planning and Economic Development and Governor of the Bank for Guinea strengthen the active portfolio of projects financed by the Bank in the country for the increase to approximately 556 million in commitments.The project to digitize government payments from the countries of the Mano River Union DIGIGOV-UFM is being implemented as part of the capacity building of States in transition in order to support them in their strategy of mobilizing internal resources and financial inclusion. It aims to create in Guinea Liberia and Sierra Leone a digital payment ecosystem a guarantee of transparency security optimization in the management of public resources and financial inclusion of populations traditionally excluded from the traditional banking system. Its implementation should make it possible to increase the share of taxes in the GDP from 13.4 to 17 and to increase the average financial inclusion rate by more than 6.The Green Mini-Grid Development Program in Guinea must support the Guinean Agency for Rural Electrification AGER in the implementation of projects for 57 green mini-grids in the country. This grant from the Sustainable Energy Fund for Africa SEFA will specifically finance technical economic financial pre-feasibility studies and the environmental and social impact of green mini-grid projects. These are the projects identified in the Low Cost Electrification Plan drawn up by the Government of the Republic of Guinea in coordination with the World Bank and the French Development Agency AFD.The deployment of the 57 mini-networks is expected to give electricity to around 30000 households. The mini-networks should thus lead to the creation of a hundred jobs 50 of which for women and generate opportunities for productive use for at least 100 micro and small businesses.Finally the implementation of the project to support the competitiveness of the honey value chain in Guinea financed by the African Trade Fund aims to increase the incomes of actors in this chain in particular women . The project should therefore contribute to the restructuring of the beekeeping groups of COPRAKAM Cooperative for the production of shea peanuts and honey to the increase in the quantity and quality of honey to the strengthening of operational capacity and marketing of the cooperative as well as the preservation of the ecosystem of honey producing areas and the mitigation of the effects of climate change.