EENI Global Business School
Business in Guinea-Conakry



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

  1. Introduction to the Republic of Guinea (West Africa)
  2. Guinean Economy
  3. International Trade (Import, Export) of Guinea-Conakry
    1. Customs System of Guinea-Conakry (*)
  4. Business and Investment Opportunities:
    1. Health
    2. Environmental
    3. Energy
    4. Information and Communication Technologies
    5. Mining
    6. Industrial
    7. Agriculture
  5. Legal Framework. Investment Code
    1. Investment Promotion Agency of Guinea
  6. Case Study: Guinean mining sector
  7. Access to the Guinean Market
  8. Business Plan for Guinea-Conakry
Logistics in Guinea
  1. Port of Conakry
  2. Access to the Dakar-Lagos Corridor

(*) 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 (Import, Export, FDI)
  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 “Foreign Trade and Business in Guinea Conakry” belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport
  2. Doctorates: African Business, Islamic Business, World Trade
  3. Diploma: Business in West Africa

Area of Knowledge: Africa

E-learning Doctorates and Masters in International Business

Learning materials in Courses, Masters, Doctorates 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

Sample of the Subject (Doing Business in Guinea-Conakry):
International Trade and Business in Guinea-Conakry

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Description of the Subject: Foreign Trade and Business in Guinea-Conakry.

Guinea-Conakry: huge iron and bauxite deposits

Trade Agreements and preferential access of Guinea-Conakry

  1. Guinea-Conakry and the West African Economic Area
  2. Economic Community of West African States (ECOWAS)
  3. West African Monetary Zone (WAMZ)
  4. African Continental Free-Trade Area (AfCFTA)
  5. Mano River Union (MRU)
  6. Niger Basin Authority
  7. Organisation for the Development of the Senegal River
  8. Community of Sahel-Saharan States (CEN-SAD)
  9. European Union:
    1. Africa-European Union Strategic Partnership
    2. Generalised System of Preferences (GSP)
  10. AGOA - African Growth and Opportunity Act (US)
  11. Organisation for the Harmonisation of Business Law in Africa (OHADA)
  12. Islamic Trade Preferential System (TPS-OIC)
  13. Arab Bank for Economic Development in Africa (BADEA)

International Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. WTO General Agreement on Trade in Services (GATS)
    2. WTO Trade Facilitation Agreement (TFA)
    3. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
    4. WTO Agreement on Technical Barriers to Trade (TBT)
    5. WTO Agreement on Preshipment Inspection (PSI)
    6. WTO Agreement on Safeguards (SG)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention (RKC)
  3. Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (Rotterdam Rules, UN)
  4. Convention on the Carriage of Goods by Sea (Hamburg Rules, UN)

Mano River Union (MRU): Sierra Leone, Liberia, Guinea, and Ivory Coast (West Africa)

African Trade and Economic Organisations

  1. Economic Commission for Africa (ECA)
  2. African Union (AU)
    1. Comprehensive Africa Agriculture Development Programme (CAADP)
    2. African Union Convention on Preventing and Combating Corruption
    3. African Union Development Agency (AUDA-NEPAD)
  3. African Development Bank (AfDB)
  4. Africa-Asia Strategic Partnership (NAASP)
  5. Africa-Korea Partnership
  6. Africa-Japan Cooperation (TICAD)
  7. Africa-BRICS (Brazil, Russia, India, China, South Africa)
  8. Africa-Turkey Partnership
  9. Africa-South America Summit (ASA)
  10. Forum on China-Africa Cooperation
  11. Africa-India Framework for Cooperation

Islamic Organisations

  1. Afro-Arab Cooperation
  2. Arab Bank for Economic Development in Africa (BADEA)
  3. Islamic Development Bank (IsDB)
  4. Organisation of Islamic Cooperation (OIC)

Global Organisations

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD)
    2. International Trade Centre (INTRACEN)
    3. World Intellectual Property Organisation (WIPO)
  2. World Bank (WB)
  3. World Trade Organisation (WTO)
  4. International Monetary Fund (IMF)

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 and Guéckédou
  8. Official language of Guinea-Conakry: French
  9. President of Guinea-Conakry: Alpha Conde
  10. Ebola virus crisis in 2014
  11. Djibril Tamsir Niane (Guinean historian)

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

We Trust in Africa (EENI African Portal)

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).

Economic Community of West African States (ECOWAS): Benin, Burkina Faso, Cape Verde, Ivory Coast, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo

Guinean Economy

  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

Niger Basin Authority (Benin, Burkina, Cameroon, Chad, Guinea, Mali)

West African Monetary Zone (WAMZ) Gambia, Ghana, Nigeria, Sierra Leone

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

Dakar-Lagos Trans-African Corridor (Mauritania, Senegal, the Gambia, Guinea-Bissau, Guinea, Sierra Leone, Liberia, Ivory Coast, Ghana, Togo, Benin, and Nigeria)



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