Middle East / Africa

Guinea (Republic) flag
Summary | Profile

Country profile: Guinea (Republic)

Location: Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Sierra Leone
Climate: generally hot and humid; monsoonal-type rainy season (June to November) with southwesterly winds; dry season (December to May) with northeasterly harmattan winds
Terrain: generally flat coastal plain, hilly to mountainous interior
Size: 245857 sq. km total (Land area: 245857 sq. km )
Population: 10,211,437 (July 2008 est.)
Languages: French (official); note - each ethnic group has its own language
Government: republic
Capital city: Conakry
Legal system: based on French civil law system, customary law, and decree; accepts compulsory ICJ jurisdiction with reservations
Currency: Guinean franc (GNF)
Licensing:

Country profile

Regional leaders created the Economic Community of West African States (ECOWAS) on May 28, 1975 in Lagos, Nigeria. ECOWAS is comprised of 15 countries, which include: Benin, Burkina Faso, Cape Verde, Cote d’Ivoire , The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria , Senegal, Sierra Leone, and Togo. The leaders established ECOWAS to promote regional integration and economic growth in West Africa, as well as to create a monetary union in the region. However, ECOWAS has encountered problems in the process of regional integration including: political instability and lack of good governance that has plagued many member countries, the insufficient diversification of national economies, the absence of reliable infrastructure, and the multiplicity of organizations for regional integration with the same objectives.

Guinea has had only two presidents since gaining its independence from France in 1958. Lansana CONTE came to power in 1984 when the military seized the government after the death of the first president, Sekou TOURE. Guinea did not hold democratic elections until 1993 when Gen. CONTE (head of the military government) was elected president of the civilian government. He was reelected in 1998 and again in 2003, though all the polls have been marred by irregularities. Guinea has maintained its internal stability despite spillover effects from conflict in Sierra Leone and Liberia. As those countries have rebuilt, Guinea's own vulnerability to political and economic crisis has increased.

Declining economic conditions and popular dissatisfaction with corruption and bad governance prompted two massive strikes in 2006; a third nationwide strike in early 2007 sparked violent protests in many Guinean cities and prompted two weeks of martial law. To appease the unions and end the unrest, CONTE named a new prime minister in March 2007.

Energy production and consumption


Oil Gas
Production:    
Consumption: 9,650 bbl/day (2006 est.)  
Exports:    
Imports: 8,481 bbl/day (2006 est.)  
Reserves:    
Major fields:



Guinea (Republic) - recent news

15 May 19
Guinea (Republic): PGS completes MultiClient 3D seismic acquisition offshore Republic of Guinea
PGS’ latest MultiClient 3D GeoStreamer acquisition covering blocks A4 and A5 of the Republic of Guinea was completed on 8th May 2019. Fast-track processing is ongoing. The Guinea MC3D survey is PGS’ first MultiClient project in collaboration with the Republic of Guinea and marks the start of a series of planned acquisitions.

Guinea (Republic) - more news

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