The National Transitional Council (CNT) adopted, Thursday, October 30, three major financing agreements presented by the Committee on Planning, Financial Affairs and Budgetary Control.

The agreements cover the sectors of electricity and fishing, according to the CNT's general rapporteur, Fabara Koné. They mark a new stage in the implementation of the national program. of universal access to energy and in economic recovery through the valorization of fishery resources.

The first agreement concerns the second phase of Project to improve access to electricity in Guinea (PAAEG-2). Financed by the World Bank (IDA), the European Investment Bank (EIB) and The French Development Agency (AFD), it mobilizes a total of 132.3 million US dollars. The aim is to strengthen and expand the national electricity network, especially in areas where the access rate remains low. Over 26 locations rural areas will thus benefit from electrification via hybrid mini-grids operating on the basis of renewable energies. The cities of Kankan, Labé, Kindia, Mamou, Dalaba, Pita, Pita, N'Zérékoré, Yomou and Lola are among the first beneficiaries.

The second agreement concerns the construction of a 40 megawatt thermal power plant in Kankan, financed by the Islamic Bank Development Fund (BID) worth 80 million dollars, with a Guinean counterpart estimated at 1.18 million dollars. This project aims to to secure the energy supply of Upper Guinea and to reduce the dependence on the national interconnected network. Powered by heavy fuel oil (HFO), this power plant will reinforce existing production and support regional economic growth.

And the last one is about the Guinea KOUNKI project, jointly funded by Mso-bidi-language:ar-sa"> World Bank ; mso-fareast-font-family:calibri; mso-fareast-theme-font:minor-latin; mso-bidi-font-family: “Times New Roman”; mso-bidi-theme-font:minor-bidi; mso-ansi-language:fr; Mso-fareast-language:en-us; Mso-bidi-language:ar-sa">, AFD and others partners under the Global Blue Economy Program. This project aims to boost small-scale fishing and aquaculture through rehabilitation of six docks, the creation of four aquaculture centers and the Establishment of a guarantee fund for micro, small and medium-sized enterprises companies in the sector. It also provides for the training of fishermen, the promotion of local content, the preservation of mangroves and the fight against illegal fishing, thus contributing to food security and to the creation sustainable jobs.