Guinea Commits to Beneficial Ownership Transparency, but Implementation Details Remain Elusive

Guinea has made commitments to beneficial ownership transparency as part of its agreement with the International Monetary Fund (IMF) Rapid Credit Facility in 2020 and through its membership with the Extractives Industry Transparency Initiative (EITI). However, further details on implementation remain scarce.

Background

Guinea’s commitment to openness is a step in the right direction towards increasing transparency and accountability in its financial dealings. The country has pledged to disclose beneficial ownership information for the extractives sector through EITI membership.

Current Status

• Guinea remains at the Planned stage, with no implemented reforms.
• Some data may be available for the extractives sector on the Open Ownership map.

Accessing Implementation Details

For those looking to access more information on Guinea’s implementation details or commitment, further detail can be accessed through a link provided by the country. The public is also encouraged to submit new data or correct any incorrect information using an online form.

Publicly-Available Sources

Data on the Open Ownership map is drawn from publicly-available sources and may not be comprehensive for all countries. For countries marked in grey, no information is available.

Last Updated

04 April 2024