The Republic of Guinea is abundantly rich in natural resources. It possesses over one third of the world’s known reserves of bauxite, which is used to produce aluminum, and a considerable quantity of gold, diamonds, uranium, and iron ore. In addition, Guinea’s soil, water and climate conditions give the country enormous agricultural potential. However, factors such as political instability, corruption, lack of a well defined fiscal policy and lack of a rational use and distribution of resources are hampering economic growth, resulting in a population that largely lives in condition of poverty.
USAID
takes on these challenges by promoting programs that strengthen democracy
and economic growth, that invest in people and provide health and
humanitarian assistance.read
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