Le gouvernement guinéen a lancée lundi une opération de levée de fonds d' un montant global de 2000 billion Guinean francs. The banking group is piloting Afriland First Bank the

For the mandatory borrowing of the Republic of Guinea, fiscal year 2024-2030, a vast subscription campaign by public offering on the national market. It will cover the period from 1 to 31 December 2024. According to Mohamed Lamine Conté, the first vice-governor of the Central Bank of the Republic of Guinea, “this loan benefits from the sovereign guarantee of the State and will be represented by bonds of 5 million Guinean francs over a period of 6 years, with an interest rate of 12.5% per year. Subscription to this loan is open to institutional investors and to natural and legal persons regardless of nationality. Afriland First Bank Guinea, in its capacity as agent and arranger, was appointed leader for this fundraiser. The current context, characterized by fiscal rigor combined with liquidity in the Guinean banking system, is favourable to such an operation. I hope that this fifth program will be a great success, like the previous ones, which resulted in convincing results

Pour Dr. Guy-Laurent Fondjo, the CEO of Afriland First Bank, “The 2024 bond loan consists of the mobilization of 2,000 billion Guinean francs nationally with a very flattering annual interest rate of 12.5%, and that free of all taxes. and taxes for a term of six years. The repayment of capital and interest will be made annually starting from the second year. The minimum subscription amount is 5 million and subscriptions are open in all banks in the place. And anyone can subscribe, namely individuals, administrations, administrations, traders, agents, anyone who wants to contribute to the development of our dear and beautiful country. The subscription period extends throughout the month of December.”