Guinea, situated in West Africa, is poised for economic rejuvenation as it navigates a landscape of monetary policy adjustments and infrastructure development. The anticipated appreciation of the Guinean franc against the US dollar signals positive prospects, prompting the Central Bank of the Republic of Guinea to contemplate maintaining its rate at 11.5% or potentially lowering it to bolster consumption. Moreover, announcements in August 2023 revealed plans for increased public investment in infrastructure, aimed at enhancing the country’s productive capacity and fostering sustainable growth.

Against this backdrop of economic revitalization, Guinea’s payments market demonstrates resilience and potential for expansion. Projections indicate a promising trajectory, with the total transaction value expected to exhibit a commendable annual growth rate (CAGR 2024-2028) of 13.50%. By 2028, the projected total transaction value is anticipated to reach USD 6,913.00 million.