On February 17, 2025, Tether Operations Limited, a leader in the digital asset sector, announced the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea.
This strategic collaboration aims to explore the adoption of blockchain technology and peer-to-peer solutions to stimulate economic growth and position Guinea as a leader in digital transformation in Africa.
Objectives of the Collaboration between Tether and Guinea
The MoU between Tether and the Guinean government focuses on several key aspects:
- Education and Training: Implementation of educational programs to increase awareness and skills in digital technologies among the public and private sectors.
- Technological Innovation: Creation of an environment conducive to innovation through the sharing of international knowledge and best practices in the field of blockchain.
- Sustainable Development: Promotion of sustainable technological practices to ensure lasting economic growth.
A central element of this initiative is the collaboration with the Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation of Guinea).
This center will be fundamental for the development of local skills in the blockchain sector, offering educational and training programs for students, professionals, and entrepreneurs.
Tether is committed to supporting the “Innovation City” project in Guinea, an initiative aimed at consolidating the country’s position as a protagonist in the digital economy.
This project aims to create a dynamic space dedicated to technology, research, and entrepreneurship, facilitating the birth of startups and the adoption of innovative solutions based on blockchain.
Official Statements of the collaboration between Tether and the government of Guinea
Paolo Ardoino, CEO di Tether, expressed enthusiasm for the partnership, stating:
“We are excited to collaborate with the Republic of Guinea to unlock the potential of blockchain and digital technologies in Africa. This MoU reflects our commitment to helping countries build resilient digital economies. Together, we aim to implement efficient blockchain solutions that benefit both the public and private sectors, paving the way for economic growth and establishing Guinea as a leader in technological innovation.”
The Guinean authorities have also emphasized the importance of this collaboration. M. Djiba Diakité, Minister and Chief of Staff of the Presidency of the Republic of Guinea, stated:
“The signing of this MoU between the Republic of Guinea and Tether represents a fundamental strategic step in our pursuit of an inclusive and sustainable digital transformation. We aim to open a new chapter in our technological development by integrating cutting-edge technologies such as blockchain and peer-to-peer solutions.”
M. Alpha Bacar Barry, Minister of Higher Education, Scientific Research and Innovation, added:
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“This MoU represents a significant step in our ambition to position Guinea at the forefront of technological innovation in Africa. It will allow us to strengthen our educational and scientific infrastructures, equipping our youth to face the challenges and seize the opportunities of the global digital transformation.”
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Implications for the Digital Transformation of Guinea
This partnership with Tether represents a significant opportunity for Guinea to accelerate its digital transformation.
The integration of blockchain technology can improve transparency, efficiency, and security in the country’s administrative and financial processes. Furthermore, the adoption of peer-to-peer solutions can facilitate financial inclusion, offering services to communities previously underserved by traditional banking systems.
The collaboration with Tether could also attract international investments, stimulate the growth of local tech startups, and create new job opportunities in the digital sector.
With the implementation of targeted educational programs, the Guinean workforce will be better prepared to actively participate in the global digital economy.
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Conclusion
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The signing of the Memorandum of Understanding between Tether and the government of the Republic of Guinea marks the beginning of a new era of innovation and economic growth for the country.
Through the adoption of blockchain technology and the promotion of peer-to-peer solutions, Guinea positions itself as a leader in digital transformation in Africa, ready to seize the opportunities offered by the global digital economy.