Aboubacar Camara is expected to outline Guinea’s plans to expand its oil, gas, and electricity sectors when he addresses the upcoming Invest in African Energy Forum 2026 in Paris next month.
The forum will provide the West African nation with an opportunity to present new investment opportunities in both hydrocarbon exploration and power generation as the government seeks to unlock underdeveloped resources and address long-standing electricity shortages.
Guinea is positioning itself as a potential frontier market in the regional oil and gas industry, particularly within the MSGBC Basin—a hydrocarbon-rich region that spans Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea.
Government officials say the country’s hydrocarbon resources remain largely underexplored compared to neighboring producers, but growing exploration success in Senegal and Mauritania has increased investor interest in the basin.
To stimulate exploration activity, authorities are preparing a licensing round covering 22 onshore and offshore blocks, aimed at attracting international oil companies into Guinea’s upstream sector.
Officials say the government has been finalizing the technical and fiscal framework for the licensing round while expanding access to geological data through a National Seismic Data Visualization Center, developed in partnership with SLB and TGS.
The platform is expected to provide investors with improved access to offshore data as the country prepares to open new acreage for bidding.
Alongside its upstream ambitions, Guinea is also advancing large-scale power infrastructure projects to address electricity shortages and support its growing mining sector.
Hydropower remains the backbone of the country’s electricity generation system, with several major projects developed along the Konkouré River.
These include the 450 megawatt Souapiti Hydropower Plant and the earlier 240 megawatt Kaleta facility, both of which have significantly expanded the country’s power generation capacity in recent years.
Additional projects are also under development, including the 300 megawatt Amaria hydropower project and the 294 megawatt Koukoutamba hydropower plant, which is being developed under the Senegal River Basin Development Authority to supply electricity across multiple West African countries.
Beyond hydropower, Guinea is exploring opportunities to diversify its energy mix through gas and renewable energy investments.
One proposal involves the development of a liquefied natural gas (LNG) terminal at the Port of Kamsar to support both import and export operations while supplying a planned gas-fired power plant capable of generating up to 1,900 megawatts of electricity.
Solar power is also emerging as part of Guinea’s long-term strategy to strengthen grid reliability and reduce seasonal dependence on hydropower. Government plans include the addition of up to 500 megawatts of solar generation capacity in the coming years.
Meanwhile, regional transmission initiatives are expanding Guinea’s integration within the West African Power Pool.
Financing approved in 2025 for the Guinea–Mali electricity interconnection project aims to improve electricity supply in eastern Guinea while enabling cross-border power trade and strengthening regional grid stability.
The Invest in African Energy Forum 2026, scheduled for April 22–23 in Paris, is expected to bring together investors, policymakers, project developers and industry experts to explore energy investment opportunities across the continent.
For Guinea, the event offers a platform to showcase its evolving energy strategy and attract international partnerships needed to accelerate development across both the hydrocarbons and power sectors.
