This article covers the economic and development relationship between India and Guinea: bilateral trade figures and the main goods traded, Indian companies with investments in Guinea, business conclaves, lines of credit and the projects they fund, assistance during the Ebola and COVID-19 outbreaks, and cooperation in health, renewable energy, digital education and defence. It is based on the Ministry of External Affairs (MEA) bilateral brief of April 2026, and figures are given as the brief states them.

Bilateral trade

According to the MEA brief of April 2026, overall bilateral trade between India and Guinea "has been substantial" and India's exports have been rising every year. The brief gives the following figures in million USD:

  • 2020-2021: exports 501.77, imports 1,631.02, total 2,132.79
  • 2021-2022: exports 561.53, imports 3,616.56, total 4,178.09
  • 2022-2023: exports 631.93, imports 2,082.84, total 2,714.77
  • 2023-2024: exports 696.48, imports 1,385.72, total 2,082.20
  • 2024-2025: exports 901.08, imports 679.96, total 1,581.04
  • 2025-2026 (April to January): exports 733.03, imports 1190.95, total 1923.98

Main items traded

The brief lists the major Indian exports to Guinea as:

  • rice (other than basmati)
  • two and three wheelers
  • engineering goods
  • drugs & pharmaceuticals
  • textile
  • transport equipment
  • iron & steel
  • ceramics & allied products
  • construction equipment

Major Indian imports from Guinea include gold, aluminum, pearls/stones/jewelry, cashew, scrap metals and coffee.

Indian investment in Guinea

The brief states that there is no major investment from India in Guinea yet. A few private companies have invested there, including Topaz Group of Companies, Jaguar Industries, Odhav Multi Industries, M/s Volta Impex, Ashapura Mining, Dynamic Mining, Bombay Industries, Diamond Cements and Goldmine Global Medicare Pvt ltd.

These companies are mainly involved in the mining sector and in the import and export of goods such as automobiles, textiles, food products, plastic, sanitary items, cookware, soaps and detergents, and cashews. In the brief's words, "there is a great scope of business opportunities in Guinea" in varied sectors, including mining, health, agriculture, infrastructure and retail/wholesale trade.

Business conclaves and trade visits

Guinean ministers and officials have attended several business conclaves in New Delhi:

  • Prime Minister Dr. Ibrahima Kassory Fofana attended the 14th CII-EXIM Bank Conclave in March 2019 as one of the Guests of Honour.
  • Mr. Ahmed Sekou Keita, Deputy Minister of the Ministry of Energy, Hydraulic and Hydrocarbons, and Mr. Ismael Nabe, Advisor to the Prime Minister in charge of Investments and Public-Private Partnerships, attended the 18th CII-EXIM Bank Conclave on India-Africa Growth Partnership from 14-16 June 2023.
  • A government delegation led by Mr. Ismael Nabe, Minister of Planning and International Cooperation, took part in the 19th CII-Africa Business Conclave in Delhi from 20 to 22 August 2024. It included Mr. Mahamadou Abdoulaye Diallo, Minister of Transport, Mr. Oumar Diouhe Bah, Minister of Health and Public Hygiene, and Mr. Ousmane Gaoual Diallo, Minister of Infrastructure and Public Works.

Mrs. Louopou Lamah, Minister of Commerce, Industry, Small & Medium Enterprises, visited Delhi with an Adviser to the Prime Minister from 21-24 August 2023. During the visit, she held a bilateral meeting with Shri Piyush Goyal, Minister of Commerce & Industry.

Lines of credit

According to the MEA brief of April 2026, the Government of India has extended Lines of Credit (LOCs) to the Government of the Republic of Guinea. The following are operational, although, as of the brief, disbursements have not yet been made:

  • a LOC of US $ 170 million for strengthening the drinking water supply of Grand Conakry-Horizon 2040
  • a LOC of US $ 20.22 million for two solar projects

The two solar projects are a Solar project for supply of Electricity and Drinking Water for 7 public universities in Guinea, at a cost of US $ 14.40 million, and a Solar Project for electrification and refrigeration in 200 health infrastructures in Guinea, at a cost of US $ 5.82 million.

Guinea has also availed an Indian LOC of US$ 28.51 million through the ECOWAS Bank for Investment and Development (EBID). It was used for importing 100 buses from India (US$ 8.1 million) and for the rehabilitation and extension of the electricity networks in Guinea (US$ 20 million).

Ebola and COVID-19 assistance

The Government of India extended bilateral assistance of US$ 50,000 to Guinea to fight Ebola in 2014. For the three Ebola-affected countries of West Africa, including Guinea, India also provided cash assistance of US$ 500,000 to WHO, a contribution of US$ 10 million to the UN Fund for Ebola, and an additional US$ 2 million for the purchase of protective gear.

In July 2020, the Government of India extended six tons of critical medical assistance to the Republic of Guinea to fight the COVID-19 Pandemic.

Health and traditional medicine

An MoU on Co-operation in the Field of Traditional System of Medicine and Homeopathy was among the agreements signed during the Indian President's State visit in August 2019.

Dr. Mamdou P. Diallo, Guinea's Minister of Health and Public Hygiene, attended the 6th Edition of Advantage Healthcare India, titled "ONE EARTH ONE HEALTH", organised in collaboration with FICCI from 26th to 28th April 2023 in New Delhi.

Professor Sanaba Boumbaly, Director of the Virology Research Center (CRV) / National Laboratory for Hemorrhagic Fever, represented Guinea at the International Conference on "50 Years of Biological Weapons Convention (BWC): Strengthening Biosecurity in the Global South", held on 1-2 December 2025 in New Delhi.

Renewable energy and the International Solar Alliance

An MoU on the Co-operation in the Field of Renewable Energy was also signed in August 2019, and the two solar projects described above are funded by an Indian LOC. Guinea has taken part in the Assembly of the International Solar Alliance in New Delhi:

  • Mr. Ahmed Sekou Keita, Secretary General, Ministry of Energy, Hydraulics and Hydrocarbons, and Mr. Karim Kamara attended the 6th Session of the International Solar Alliance Assembly from 30 October to 01 November 2023.
  • Mr. Karim Camara, National Focal Point, Ministry of Energy, took part in the Eighth Session of the International Solar Alliance Assembly, held from 27-30 October 2025 at Bharat Mandapam.

Digital education and health services

Under the MoU signed in August 2019, Guinea participates in the e-VBAB Network Project, which the brief describes as the Technology Up-gradation of the Pan Africa e-Network Project.

Chief of Staff-General Deputy of Armed Forces Mr. Mohamed Bangoura and Lieutenant Colonel Alpha Souleymane Sow represented Guinea at DefExpo 2020.

Admiral Mamdou Yaya Diallo, Chief of Staff of the Guinean Navy, and Lieutenant Boubacar Barry, Commander, took part in the International Fleet Review in Vishakhapatnam on February 16-17, 2026.