Guinea and the World Bank Group have introduced a new **Country Partnership Framework (CPF)**, which will guide their collaboration from 2027 to 2033. This framework aims to support Guinea's economic reforms, focusing on areas such as governance, infrastructure, human capital, and the growth of the private sector. The launch occurred on Monday, October 5, during a meeting between Guinea's Ministry of Economy, Finance, and Budget and a delegation from the World Bank, led by Ousmane Diagana, the institution's vice-president for West and Central Africa. The CPF is built around four main areas: improving economic governance, enhancing human capital, developing energy and transport infrastructure, and attracting private investment to create jobs. The partnership will use an approach known as "One World Bank Group," which integrates the efforts of three World Bank entities: the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This approach is intended to help mobilize private capital in key sectors such as agro-industry, energy, infrastructure, and manufacturing. For Guinea's Minister of Economy, Mariama Ciré Sylla, the CPF represents "an important lever to support the country's economic transformation." She emphasized reforms under the "Simandou 2040" initiative, which aim to diversify the economy, create more jobs, and increase private sector involvement. During the first three years of the CPF, Guinea is expected to receive approximately 471 million dollars from the IDA, part of the IDA21 funding cycle. The current IDA portfolio in the country already exceeds 1.5 billion dollars. This new partnership aligns with Guinea's efforts to benefit more from the exploitation of the Simandou iron ore, which is expected to drive economic diversification. The World Bank projects that Guinea's economy will grow at an average rate of 10.3 percent between 2026 and 2028, largely due to the development of its mining sector and increased iron ore exports. Ousmane Diagana praised Guinea's progress and urged the acceleration of reforms to create more jobs and better utilize human capital. He noted that growth is expected to reach about 9 percent in 2027, according to recent projections. The World Bank also anticipates a gradual improvement in public finances and a decline in inflation, which should help increase household real income. However, the outlook remains uncertain due to potential risks such as global trade disruptions, climate shocks, banking sector liquidity issues, and the effects of geopolitical crises.