{"id":5856,"date":"2018-05-23T13:52:07","date_gmt":"2018-05-23T12:52:07","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=5856"},"modified":"2018-09-24T17:26:07","modified_gmt":"2018-09-24T16:26:07","slug":"banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/","title":{"rendered":"Banque de D\u00e9veloppement de Guin\u00e9e: Best Socio-Economic Impact Bank West Africa 2018"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5863\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/Guin\u00e9e-Banque-SCMP-web-banner-leaderboard-March-18-v1.gif\" alt=\"\" width=\"970\" height=\"90\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5869\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/BDG.jpg\" alt=\"\" width=\"369\" height=\"165\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/BDG.jpg 369w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/BDG-300x134.jpg 300w\" sizes=\"auto, (max-width: 369px) 100vw, 369px\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>It remains one of West Africa\u2019s hidden gems \u2013 but perhaps not for long. With an abundance of natural resources, Guinea is poised to become a regional economic power of note, leveraging its strategic location and the availability of huge tracts of fertile soil, plenty of water, and a benign climate to kickstart its agroindustry. The country also intends to revitalise its promising fishing sector and extractive industry.<\/strong><\/p>\n<p style=\"text-align: justify;\">Rich in bauxite, gold, diamonds, and many other minerals, Guinea now has a masterplan for its development which is being implemented with the help of multilateral financiers and their domestic counterpart, the Banque de D\u00e9veloppement de Guin\u00e9e (BDG). The privately-owned bank aims to provide funds for the accelerated development of the country by underwriting major infrastructure projects such as the expansion of the port of Conakry and the building of expressways linking the country\u2019s major urban centres.<\/p>\n<p style=\"text-align: justify;\">BDG also initiated a sustained push to increase Guinea\u2019s power generating capacity and, in tandem, upgrade the national grid. In the mining sector, the pillar on which the local economy rests, the bank supports both artisan and large-scale mining operations. As the country\u2019s principal investment bank, BDG has been assigned a major role in Guinea\u2019s poverty reduction programmes. Its operations, based on well-established global best practices, has enabled the bank to sustain a large social impact and help create an emergent middle class that is set to become the driver of Guinea\u2019s development.<\/p>\n<p style=\"text-align: justify;\">The CFI.co judging panel notes that BDG is a key player in all sectors crucial to securing a prosperous future for Guinea: agriculture, infrastructure, mining, and energy. The judges declare Banque de D\u00e9veloppement de Guin\u00e9e winner of the 2018 Best Socio-Economic Impact Bank West Africa Award.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5861\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/image002.png\" alt=\"\" width=\"1420\" height=\"340\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/image002.png 1420w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/image002-300x72.png 300w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/image002-1024x245.png 1024w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/image002-768x184.png 768w\" sizes=\"auto, (max-width: 1420px) 100vw, 1420px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; It remains one of West Africa\u2019s hidden gems \u2013 but perhaps not for long. With an abundance of natural resources, Guinea is poised to become a regional economic power<\/p>\n","protected":false},"author":1,"featured_media":5870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4,41,53],"tags":[],"class_list":["post-5856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-community-engagement","category-front"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banque de D\u00e9veloppement de Guin\u00e9e: Best Socio-Economic Impact Bank West Africa 2018 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque de D\u00e9veloppement de Guin\u00e9e: Best Socio-Economic Impact Bank West Africa 2018\" \/>\n<meta property=\"og:description\" content=\"&nbsp; It remains one of West Africa\u2019s hidden gems \u2013 but perhaps not for long. With an abundance of natural resources, Guinea is poised to become a regional economic power\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-23T12:52:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-24T16:26:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/BDG-thumb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"Banque de D\u00e9veloppement de Guin\u00e9e: Best Socio-Economic Impact Bank West Africa 2018\",\"datePublished\":\"2018-05-23T12:52:07+00:00\",\"dateModified\":\"2018-09-24T16:26:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\"},\"wordCount\":308,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/08\/BDG-thumb.jpg\",\"articleSection\":[\"Africa\",\"Community Engagement\",\"FRONT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\",\"url\":\"https:\/\/cfi.co\/awards\/africa\/2018\/banque-de-developpement-de-guinee-best-socio-economic-impact-bank-west-africa-2018\/\",\"name\":\"Banque de D\u00e9veloppement de Guin\u00e9e: Best Socio-Economic Impact Bank West Africa 2018 - 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