Guinea is a poor country with a population that possesses major mineral, hydropower, and agricultural resources. The country had a GDP per capita of $1,194 USD and a population of 13,3 million people. The country has more than half of the world’s bauxite reserves and has significant iron ore, gold, and diamond reserves. However, Guinea has been unable to profit from this potential, as rampant corruption, dilapidated infrastructure, and political uncertainty have drained investor confidence. In the time since a 2008 coup international donors, including the G-7, the IMF, and the World Bank, have significantly curtailed their development programs. Post the coup, policies of the ruling military junta severely weakened the economy. The junta leaders spent and printed money at an accelerated rate, driving inflation and debt to perilously high levels. About a decade ago, the junta collapsed and was replaced by a Transitional Government, which later gave way to the country’s first democratically elected president. International assistance and investment are expected to return to Guinea, but the levels will depend upon the ability of the new government to strengthen it institutions, combat corruption, reform its banking system, improve its business environment, and build infrastructure. IMF and World Bank programs will be especially critical as Guinea attempts to gain debt relief. International investors have expressed keen interest in Guinea’s vast iron ore reserves, which could further propel the country’s growth. The government put forward a new mining code that includes provisions to combat corruption, protect the environment, and review all existing mining contracts.