Guinea Secures Potential IFC Investment for Telecom and Digital Infrastructure Growth

During the Connected Africa Summit in Nairobi, Guinea’s Ministry of Communication, Digital Economy and Innovation  held a high-level working session with the International Finance Corporation (IFC),  a member of the World Bank Group,  to explore investment opportunities in the country’s digital infrastructure sector.

The meeting brought together Guinea’s Minister for Communication, Digital Economy and Innovation, Mourana SOUMAH, and IFC Vice President for Africa, Ethiopis Tafara, alongside a team responsible for public-private partnerships. Discussions focused on accelerating Guinea’s digital transformation agenda through strategic investment in telecommunications and digital infrastructure.

The IFC expressed strong interest in supporting Guinea’s digital sector, highlighting infrastructure development as a key driver of economic and social progress. The institution indicated readiness to mobilize significant investment to support the country’s efforts in expanding and modernizing its digital ecosystem.

The Guinean government reaffirmed its commitment to making digitalization a central pillar of national development, under the leadership of President Mamadi Doumbouya. Officials emphasized that this strategy is aimed at strengthening connectivity, improving services, and boosting economic growth through technology.

To ensure follow-up, a dedicated working group has been established to oversee the development and implementation of the partnership. The group will be responsible for advancing discussions and translating the proposed collaboration into concrete projects on the ground.