GUINEA CONAKRY
HR Outsourcing Services

Delegate Your HR Functions To Us in Guinea Conakry​

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About Guinea Conakry

Page Last Updated: 28/05/2024

Guinea, located in West Africa, is a country of diverse landscapes, rich cultural heritage, and vibrant traditions. With its bustling capital city, Conakry, and its vast natural resources, Guinea presents opportunities for investment and exploration. Africa HR Solutions offers tailored solutions to navigate Guinea’s dynamic market, facilitating seamless entry for businesses. From efficient employee onboarding to compliant payroll management, we empower companies to focus on growth while we handle the intricacies of HR administration. 

Population: 15.52 M


Gross Domestic Product (GDP): $25.45 B
GDP Growth: 4.1%
Inflation: 11%
Foreign Direct Investment (% of GDP): 3.13%
Unemployment Rate: 5.53%
Capital: Conakry
Currency: Guinean franc (GNF)
Languages: French

Guinea Conakry Payroll at a Glance

Currency

Guinean franc (GNF)

Income Tax

0% – 40%

Employer Taxes

14%

Employee Contribution

8%

Fiscal Year

1 January – 31 December

Date Format

dd/mm/yyyy or yyyy/mm/dd

  • Guinea is a republic with a semi-presidential system. The President of Guinea is the head of state and government, while the Prime Minister assists in the administration.
  • Guinea gained independence from France on October 2, 1958, becoming the first French-speaking country in Sub-Saharan Africa to achieve independence.
  • Guinea’s economy is primarily based on agriculture and mineral resources. It is one of the world’s largest producers of bauxite and has significant reserves of gold and diamonds.
  • Guinea is rich in natural resources, including bauxite, iron ore, gold, diamonds, and uranium. However, the country faces challenges in effectively managing and exploiting these resources.
  • Guinean cuisine is diverse, influenced by local ingredients and traditions. Common dishes include rice served with sauces and stews made with meat, fish, or vegetables. Peanuts are a staple ingredient in many dishes.
  • New Year’s Day
  • Easter Monday
  • Labour Day
  • Africa Day
  • Lailat al-Qadr
  • Eid al-Fitr
  • Assumption of Mary
  • Eid al-Adha
  • Independence Day
  • The Prophet’s Birthday
  • Christmas Day
Interesting-Facts

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