Guinea is known for being rich in natural resources, from bauxite to iron ore, gold, and diamond. The country is currently working on its diversification plans to attract international investors, relevant partnerships, and employment outsourcing opportunities to help leverage the country’s resources and promote growth and trade.
Many companies move to other countries to explore opportunities and drive their international expansion strategy. In the process, organisations have to establish an HR outsourcing plan to make their move a success. This is where Africa HR Solutions can help those companies to build their Guinea Conakry HR outsourcing plan to ensure a smooth transition while establishing themselves in the country. Our solutions range from Professional Employer Organisation (PEO), Employer of Record, payroll solutions as well as other ancillary support services, all tailored to your business objectives, aligned with the country requirements, laws, and local best practices.
Country Profile - Guinea Conakry
Population: 12.4 mn
Gross Domestic Product (GDP): $959.98 bn
GDP Growth: 8.7%
Foreign Direct Investment (% of GDP): 3.2%
Unemployment Rate: 3.6 %
Currency: Guinean franc
Guinea Conakry's Economy
Ghana’s natural resource is experiencing growth and the government is focusing on economic diversification. The country is investing more efforts in developing natural resources and providing productive leadership to drive initiatives. While diversifying the natural resource sphere, the country depends less on fluctuations linked to commodity pricing. This in turn is helping to stabilise the economy, attracting investors, and exploring partnerships in those areas of activity. Guinea is a member of the Economic Community of West African States (ECOWAS) and the Mano River Union.
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