Guinea

Africa50-Project Development

The new airport will have a capacity of 1.5 million passengers a year, about twice its current capacity.  

Africa50's Role


Africa50 acquired 33% equity stake in Société de Gestion de l’Aéroport de Gbessia (SOGEAG), the airport concessionaire.

Partners


The Government of Guinea and Aéroports de Paris (ADP)

Development Impact

  • Intends to introduce private sector management of the airport to improve operational efficiency.
  • Should mobilize significant private sector investment (equity and debt).
  • Concession includes full training plan and knowledge transfer to build capacity of airport employees.
  • Expected to yield additional tax revenues and dividends to the Government of Guinea

Environment 

  • Airport will be fully compliant with latest ICAO standards and IFC’s Environment, Health and Safety  Guidelines
  • An Environmental and social management system (ESMS) will be developed for the airport, which will comply with IFC’s Performance Standards.
  • The Airport’s Greenhouse Gas (GHG) Emissions will be measured and monitored using the ESMS.

Employment

  • Estimated 150 jobs to be created during construction.

Project Photos

Project Video

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