Guinea boasts significant mineral, hydropower, and agricultural resources, as well as just under half the world’s bauxite stores, much of which remain unexploited. Thus the country’s mineral reserves remain underdeveloped in the West African region, despite the mining sector making up over 70% of exports.
Experts agree that significant outlay into in governmental, fiscal and the legal frameworks are required to make the area sufficiently attractive to investors, including through investment in infrastructure, which is currently inefficient and in need of development. The country has seen growth over recent years stemming from increases in commodity prices on world markets.
The legal framework in Guinea reflects its French colonial history, basing itself primarily on the French system. The legal structure has strengthened recently, improving business legislation, potentially a key for inward investment.
The Firm recently conducted a review of banking regulation for an international bank interested in setting up operations in the country.
The Firm has conducted a major review of the power generation sector from the viewpoint of an international independent power producer (“IPP”). This has been published in conjunction with Trinity LLP at http://www.africapowerguide.com/countries-4
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