Business in Guinea-Conakry

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Syllabus of the Subject: Foreign Trade and Business in Guinea-Conakry (West Africa, Course, Master)

  1. Introduction to the Republic of Guinea (West Africa)
  2. Guinean Economy
  3. Doing Business in Conakry, Kankan, Nzérékoré and Guéckédou
  4. International Trade of Guinea-Conakry
    1. Customs System of Guinea-Conakry (*)
  5. Transport sector in Guinea
    1. Port of Conakry
  6. Business and Investment Opportunities:
    1. Health
    2. Environmental
    3. Energy
    4. Information and Communication Technologies
    5. Mining
    6. Industrial
    7. Agriculture
  7. Legal Framework. Investment Code
    1. Investment Promotion Agency of Guinea
  8. Case Study: Guinean mining sector
  9. Access to the Guinean Market
  10. Business Plan for Guinea-Conakry
  11. Djibril Tamsir Niane (Guinean historian)

(*) Only available in French.

The objectives of the Subject “Foreign Trade and Business in the Republic of Guinea” are the following:

  1. To analyse the Guinean economy and foreign trade
  2. To know the business opportunities in the Republic of Guinea
  3. To explore the Guinean trade relations with the country of the student
  4. To know the Guinean Free Trade Agreements
  5. To develop a business plan for the Guinean Market

The Subject “Doing Business in Guinea Conakry” is part of the following Online Higher Education Programs taught by EENI:
  1. Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport
  2. Doctorates: African Business, Islamic Business, Global Trade
  3. Diploma: Business in West Africa

Area of Knowledge: Africa

E-learning Doctorates and Masters in International Business

The course materials are available in Master in International Business in English or Study, Master in International Business in French Guinée-Conakry Masters Foreign Trade in Portuguese Guiné-Conacri Study Master Doctorate Business in Spanish Guinea-Conakry

  1. Credits of the Subject “Foreign Trade and Business in Guinea-Conakry”: 1 ECTS Credits
  2. Duration: one week

Example of the Online Subject (Doing Business in Guinea-Conakry):
Master Course: Business in Guinea-Conakry





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Subject: Foreign Trade and Business in Guinea-Conakry.

The Republic of Guinea-Conakry (Africa).

  1. Borders of Guinea-Conakry: Guinea-Bissau, Senegal, Mali, Ivory Coast, Liberia, and Sierra Leone
  2. Independence of Guinea-Conakry: 1958 (France)
  3. Guinean population: 10 million people
    1. Bambara
    2. Mandinka
    3. Fula
  4. Only 41% of adults were literate in 2010
  5. Area of Guinea-Conakry: 245,857 square kilometres
  6. Guinean Capital: Conakry (2.7 million).
    1. Port of Guinea
  7. Guinean largest cities: Conakry, Kankan, Nzérékoré, Guéckédou, Kindia and Kissidougou
  8. Official language of Guinea-Conakry: French
  9. President of Guinea-Conakry: Alpha Conde
  10. Ebola virus crisis in 2014

More information about Guinea (EENI Business School African Portal).

Africa: Foreign Trade and Business (Master)

Main religions in Guinea-Conakry:

  1. Islam (85% of the Guinean population)
  2. African Traditional Religions

Guinea-Conakry belongs to the West African Economic Area (African Civilisation).

Guinean Economy

Guinea-Conakry: huge iron and bauxite deposits

  1. 66% of the bauxite deposits in the World
  2. Largest iron ore deposits
    1. Simandou: The largest undeveloped iron ore
  3. Currency of Guinea-Conakry: Guinean Franc (GNF)
  4. Guinean GDP growth: 2%
    1. Agriculture (13%)
    2. Industry (48%)
    3. Services (39%)
  5. Inflation in Guinea-Conakry: 9.9%
  6. Most Guinean dynamic sectors: agriculture and construction
  7. Stabilisation of the Guinean Economy
  8. Deficit and external debt reduction
  9. Declining in mining sector (gold, diamonds, and alumina)
  10. Poor business environment
  11. Top exports of Guinea-Conakry: bauxite, alumina, gold, diamonds, coffee, and fish
  12. Top Guinean trade partners: Ivory Coast, France, South Korea, Russia, Spain, Ireland, and the United States

Course: ECOWAS Economic Community of West African States

Logistics: access to the Dakar-Lagos Corridor

Trade Agreements and preferential access of Guinea-Conakry:

  1. Economic Community of West African States (ECOWAS)
  2. West African Monetary Zone (WAMZ)
  3. Mano River Union
  4. European Union:
    1. Africa-European Union Strategic Partnership
    2. Generalised System of Preferences (GSP)
  5. AGOA - African Growth and Opportunity Act (US)

Mano River Union (Africa, Master, Doctorate)

Guinea-Conakry is a member of:

  1. African Development Bank
  2. Economic Commission for Africa (ECA)
  3. Organisation for the Harmonisation of Business Law in Africa (OHADA)
  4. New Partnership for Africa's Development (NEPAD)
  5. Africa-India Economic Cooperation
  6. Afro-Arab Cooperation
  7. Arab Bank for Economic Development in Africa (BADEA)
  8. Forum on Cooperation Sino-African
  9. Africa-Japan
  10. Niger Basin Authority
  11. Organisation for the Development of the Senegal River
  12. African Union (AU) - Convention Combating Corruption
  13. Africa-South America
  14. Organisation of Islamic Cooperation (OIC)
  15. Islamic Development Bank
  16. Africa (Guinea)-Asia Strategic Partnership
  17. IMF, WB, WTO, UN

Niger Basin Authority (Master, Africa)

West African Monetary Zone (WAMZ, Course)

Trade Preferential System OIC:
Trade Preferential System (Organisation of Islamic Cooperation)

Dakar-Lagos Trans-African Corridor (Course)



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