Bangkok, Thailand, 16 October 2026 – H.E. Dr. Muhammad Al Jasser, Chairman of the Islamic Development Bank (IsDB) Group, met with H.E. Ismael Nabé, Guinea’s Minister of Planning, International Cooperation and Development and IsDB Governor, accompanied by H.E. Dr. Karamo Kaba, Governor of the Central Bank of Guinea, on the sidelines of the 2026 World Bank Group and International Monetary Fund Annual Meetings in Bangkok, Thailand.

The meeting focused on strengthening the longstanding development partnership between the IsDB Group and the Republic of Guinea and advancing cooperation in support of the country’s Simandou 2040 development vision.

Discussions centred on accelerating the implementation of ongoing development projects, strengthening cooperation under the Member Country Partnership Strategy (MCPS) 2024–2027, and exploring new investment opportunities in transport infrastructure and agriculture. Both sides emphasised the importance of translating shared development priorities into tangible and sustainable outcomes.

The IsDB Group’s longstanding partnership with Guinea has resulted in US$1.88 billion in cumulative financing, with 27 active projects valued at US$943 million. Under the US$656 million financing envelope of the MCPS 2024–2027, a total of US$273.8 million has been approved to date, reflecting continued cooperation in support of Guinea’s development priorities.

The meeting underscored the IsDB Group’s commitment to supporting Guinea’s development agenda, accelerating project implementation, and strengthening cooperation to deliver greater and sustainable development impact.

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