Generalizes on the best strategy to enter the market, e.g., visiting the country; importance of relationships to finding a good partner; use of agents.
Last Published: 7/1/2019

The procedure for starting a business in Guinea is theoretically straightforward.  According to Guinean regulations, the process is centralized within the Agency for the Promotion of Private Investment (APIP), the central business registration office.  However, larger investments have recently been initiated directly by the Office of the President. According to the World Bank’s “Ease of Doing Business” index, market entry in Guinea is slow, convoluted, variable, and often difficult.  Although the government is eager to attract foreign investment and has made efforts to improve the process, Guinea remains a difficult place to invest.

Successful ventures tend to be those that establish strong relationships with potential local partners. It is strongly encouraged that potential investors visit Guinea and establish these connections.  Because of poor communications within the country and with the outside world, as well as cultural practice, most business deals are conducted in person. The U.S. Embassy’s Economic/Commercial Section can assist potential investors in making these connections and offers Gold Key and International Partners programs.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


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Guinea Trade Development and Promotion