UK businesses back water and electricity projects in Guinea

Staff
By Staff
1 Min Read

Water and electricity projects in Guinea will get backing from UK businesses after they secure £330 million of export contracts.

The Guinea Regional Water Project, which is a programme expanding access to clean and portable water will receive £91 million in funding.

The water will be supplied through a new distribution infrastructure, delivered by the UK-headquartered Aqua Africa, which has previously secured UK Export Finance (UKEF)-backed cash for similar projects in the region.

UKEF is also providing £129 million towards the La Cotiere Conakry Transmission project, which is part of a wider electricity network programme to improve power distribution across the country’s costal region.

The project is expected to create UK supply-chain opportunities in transmission equipment, grid technology and engineering services.

Jonathan Reynolds, Business and Trade Secretary, said: “By backing projects like these, UK Export Finance is helping British firms win work overseas, creating opportunities for communities here at home while strengthening our trade partnerships across West and Central Africa.”

The remaining money in the £330 million worth of contracts will fund government projects across Benin and other education programmes.

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