FAGACE, A FORCE FOR SOLUTIONS IN FINANCING GUINEA’S ECONOMY.
28 March 2024
A Mission from the African Guarantee and Economic Cooperation Fund, led by its Managing Director, Mr. Ngueto Tiraïna YAMBAYE, visited Conakry in Guinea from March 04 to 08, 2024, to present the opportunities offered by the Fund to accelerate the financing of the economies of its member states and of Guinea. On this occasion, in addition to the joint information meeting organized with the national Guarantee Fund (FGPE) and in relation with the economic actors of the market, several bilateral meetings took place not only with the local banks, the Chamber of Commerce and Industry but especially with the Authorities of the country in particular the Prime Minister SEM BAH OURY, to expose the merits of the adhesion of Guinea Conakry to the FAGACE. At the end of the mission’s discussions, it emerged from the various presentations that Guinea Conakry’s economy is undergoing radical change. In this context, economic operators and financial institutions on the market need greater support, notably through the Guarantee tools offered by FAGACE, to more effectively support the dynamism impelled by the Government.