H.E. Ibrahima Kassory Fofana, the prime minister of Guinea, signed a Memorandum of Understanding (MOU) between the government of Guinea and the Council of Arab Economic Unity, the Arab League, where the council was represented by H.E. Dr. Ali Mohamed Al-Khouri, Advisor, Arab Economic Unity Council.

The MOU aims at cooperating to execute some projects, similar in their vision to the Arab Common Vision for Digital Economy, which was launched by the Arab League on December 2018 in Abu Dhabi conference, under the generous auspices of H.H. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.

The MOU signing was witnessed by representatives of a number of international organizations, and the ambassadors of some Arab countries including Lebanon, UAE, and Egypt, in addition to a number of ministers and government officials.

And the MOU aims at cooperating to develop a plan to support the foundation of digital economy in Guinea, and to widen its scope to include number of African countries, and to execute some projects that stem from the strategic common vision for Arab digital economy, which was launched by the Arab League in Abu Dhabi conference, under the auspices of H.H. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.

And it’s expected that cooperation with the council would contribute to put foundations to develop technological and economic infrastructure in the Republic of Guinea, which will support development projects, and improve the opportunity for economic growth of the country, through stimulating investments in the fields of industry, mining, agriculture, and construction, in addition to availing other development opportunities for the economy of the Republic of Guinea.

It’s worth mentioning that the common vision for Arab digital economy aims at enabling and improving cooperation based on digital knowledge, developing technological and legal infrastructure, and supporting the plans of digital transformation and technological development in the Arab countries. The first draft of the vision included around 50 pioneering projects for digital transformation in all Arab countries, as a part of the Arab League efforts to cope with the global major changes in the fields of digital economy, through mobilizing the Arabic capabilities along with international expertise, and enabling Arabic cooperation to achieve a group of objectives of positive effect, that would raise the Arab societies.

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