Business investment news guinea conakry

Here are some recent business investment news and updates from Guinea-Conakry:

Investment Incentives

• The Guinean government has introduced a new investment code that offers various incentives to attract foreign investors, including a 10-year tax holiday, duty-free importation of equipment and raw materials, and a simplified procedure for obtaining work permits. (Source: African Business)
• The government has also established a special economic zone (SEZ) in the port city of Kamsar, which offers a range of benefits, including a 5-year tax exemption, duty-free importation of goods, and a simplified customs procedure. (Source: Guinea News Agency)

Infrastructure Development

• The World Bank has approved a $150 million loan to support the development of Guinea's infrastructure, including the construction of roads, bridges, and ports. (Source: World Bank)
• The African Development Bank has also approved a $100 million loan to support the development of Guinea's energy sector, including the construction of a new power plant and the expansion of the national grid. (Source: African Development Bank)

Mining and Energy

• The Guinean government has signed a new mining code that aims to increase the country's mining revenue and attract more foreign investment in the sector. (Source: Mining Weekly)
• The government has also launched a new energy policy that aims to increase the country's energy production and reduce its dependence on imported energy. (Source: Guinea News Agency)

Agriculture

• The European Union has launched a new agricultural project in Guinea, which aims to improve the country's agricultural productivity and reduce poverty. (Source: European Union)
• The government has also launched a new agricultural development program that aims to increase the country's agricultural production and improve the livelihoods of rural communities. (Source: Guinea News Agency)

Tourism

• The Guinean government has launched a new tourism development program that aims to promote the country's tourism sector and increase the number of tourists visiting the country. (Source: Guinea News Agency)
• The government has also invested in the development of new tourist infrastructure, including hotels, resorts, and national parks. (Source: African Tourism Board)

Other News

• The Guinean government has launched a new program to promote entrepreneurship and small business development, which aims to create jobs and reduce poverty. (Source: Guinea News Agency)
• The government has also launched a new program to promote the development of the country's IT sector, which aims to increase the country's digital economy and create jobs. (Source: Guinea News Agency)

I hope this information is helpful!