Tether Partners with the Republic of Guinea to Drive Africa’s Digital Transformation
In a groundbreaking development for Africa’s digital economy, Tether has signed a Memorandum of Understanding (MoU) with the government of the Republic of Guinea—the first-ever government partnership for the leading digital asset firm on the continent. This strategic collaboration is set to explore the transformative potential of blockchain and peer-to-peer technologies, positioning Guinea as a trailblazer in Africa’s rapidly evolving digital landscape.
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Pioneering Blockchain Innovation in Guinea
Under the new agreement, Tether will work closely with Guinea to integrate blockchain solutions across both public and private sectors. The partnership is designed to build a robust foundation for sustainable economic growth and technological advancement by fostering education and innovation. Tether’s commitment to responsible blockchain adoption is further reinforced by its collaboration with the Cité des Sciences et de l’Innovation de Guinée—a key institution dedicated to promoting digital literacy and blockchain expertise.
Tether CEO Paolo Ardoino expressed his enthusiasm for the initiative, stating,
“We are thrilled to collaborate with the Republic of Guinea to unlock the immense potential of blockchain and digital technologies across Africa. This MoU reflects our commitment to helping countries build resilient digital economies. Together, we aim to implement efficient blockchain solutions that benefit both public and private sectors, paving the way for economic growth and establishing Guinea as a leader in technological innovation.”
A Strategic Catalyst for National Growth
This collaboration is a key component of Guinea’s ambitious “Innovation City” project, an initiative aimed at transforming the nation into a hub for technology, research, and entrepreneurship. By leveraging cutting-edge blockchain solutions, Guinea plans to create opportunities for young professionals and enhance its competitive edge in the global digital economy. The project aligns with the government’s broader strategy of using digital innovation to drive economic growth and ensure inclusive development.
M. Djiba Diakité, Minister and Chief of Staff of the Presidency of the Republic of Guinea, highlighted the significance of the partnership:
“The signing of this MoU represents a major step forward in our quest for an inclusive and sustainable digital transformation. By integrating cutting-edge technologies such as blockchain and peer-to-peer solutions, we are positioning Guinea as a leader in African innovation. This initiative aligns with our Simandou 2040 program and our vision of equipping young Guineans with the skills to compete globally.”
Education, Innovation, and Global Best Practices
At the heart of the agreement is a focus on education and the exchange of global best practices. Tether, drawing on its extensive experience with international initiatives—ranging from the Plan ₿ Forum in Lugano, Switzerland, to digital asset education programs in Ras Al Khaimah, Türkiye, and blockchain infrastructure projects in Uzbekistan—will help cultivate local talent in Guinea. M. Alpha Bacar Barry, Minister of Higher Education, Scientific Research, and Innovation, emphasized the role of education in driving this digital shift:
“This agreement marks a pivotal step in positioning Guinea at the forefront of technological innovation in Africa. It will strengthen our educational and scientific infrastructures, empowering our youth to thrive in the global digital economy.”
Pr. Abdoulaye Baniré Diallo, Coordinator of the Cité des Sciences et de l’Innovation de Guinée, added,
“This MoU serves as a strategic lever to accelerate the integration of blockchain and peer-to-peer technologies into our educational and technological ecosystem. It provides a solid foundation for developing local expertise, embracing innovative solutions, and fostering an inclusive and sustainable digital economy in Guinea.”
A Global Commitment to Responsible Blockchain Adoption
Tether’s partnership with the Republic of Guinea builds on its strong track record of collaborating with governments and institutions worldwide to promote responsible blockchain adoption. The company’s previous initiatives include organizing the Plan ₿ Forum in Switzerland, launching educational programs on Bitcoin and stablecoins in Ras Al Khaimah, spearheading digital asset education in Türkiye, and advancing blockchain infrastructure projects in Uzbekistan.
As Tether continues to forge alliances with global leaders in digital transformation, its latest venture in Guinea marks a significant milestone in extending its influence to Africa. This partnership is not only a testament to Tether’s leadership in the digital asset industry but also an important step toward empowering nations through sustainable digital innovation.
Looking Ahead
With this MoU, Tether and the government of the Republic of Guinea are poised to set new benchmarks for blockchain integration in emerging economies. As the project unfolds, stakeholders across Africa and beyond will be watching closely to see how these innovations drive economic resilience and technological advancement.
