Guinea is experiencing an unprecedented liquidity crisis, revealing the structural weaknesses of its financial system. According to the Central Bank of the Republic of Guinea (BCRG), nearly 94% of banknotes circulate outside the official banking system, a phenomenon that stifles credit supply, limits withdrawals, and weighs heavily on the national economy. A private banking system…...
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In Guinea, 94% of banknotes circulate outside the official banking system
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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