Conakry, September 25, 2025 – Thiam & Associés acted as Guinean counsel to its longstanding clients Afrexim Bank and Vista Bank Group in connection with the implementation of a sovereign loan of a minimum amount of €500 million, which could reach up €1 billion, granted to the Republic of Guinea.
This landmark financing, aimed at rehabilitating and modernizing road infrastructure nationwide marks a decisive step in the country’s development strategy. By contributing to the sustainable improvement of road infrastructure, it will help address one of Guinea’s key challenges in terms of economic growth and territorial integration.
Working alongside the Paris office of Hogan Lovells LLP, our teams were involved from the structuring phase of the financing. The loan agreement signed on December 31, 2024 was ratified by the National Transitional Council on March 25, 2025, thereby ensuring its validity and enforceability under Guinean law. The first tranche was disbursed on Tuesday, September 23, 2025.
Our team included Baba Hady Thiam (Partner), Abdourahim Bodeen Diallo (Senior Associate), Saran Kaba and Mamadou Billo Barry (Associates).