Gbessia Conakry International Airport

Guinea

Africa50-Project Development

Africa50 has invested in the upgrade and extension of Guinea’s Gbessia Conakry International Airport, alongside French international airport operator Groupe ADP and the Government of Guinea. The project includes the design, structuring, construction, and operation of new passenger and cargo terminals and related infrastructure, including aprons, parking areas and taxiways.

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

1.5m

passenger capacity of the new terminal

25yr

concession agreement

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)

Impact

Development

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.