On February 17, 2025, Tether Operations Limited, the leading company in the digital assets sector, announced the signing of a memorandum of understanding (Memorandum of Understanding) with the government of the Republic of Guinea.
This strategic cooperation aims to explore the adoption of Blockchain technology and a counterpart to a counterpart to stimulate economic growth and Guinea’s position as a leading company in digital transformation in Africa.
The goals of cooperation between Tether and Guinea
The memorandum of understanding between the rope and the Guinen government focuses on several major aspects:
- Education and training: Implementing educational programs to increase awareness and skills in digital technologies between public and private sectors.
- Technological innovation: Create an environment that leads to innovation by sharing international knowledge and best practices in the Blockchain field.
- sustainable development: Enhancing sustainable technological practices to ensure permanent economic growth.
The main component of this initiative is to cooperate with Cité des Sciences et de l’inning de guinée (the city of science and innovation in Guinea).
This center will be essential for the development of local skills in the Blockchain sector, as it offers educational and training programs for students, professionals and businessmen.
Tether is committed to supporting the “City City” project in Guinea, an initiative aimed at strengthening the country’s position as a hero in the digital economy.
This project aims to create a dynamic space for technology, research and entrepreneurship, facilitating the birth of startups and adopting innovative solutions on the Blockchain basis.
Official data for cooperation between Tether and the Guinea government
Paulo Erdino, CEO of Di Tether, expressed his enthusiasm for partnership, saying:
“We are excited to cooperate with the Republic of Guinea to open Blockchain capabilities and digital technologies in Africa. The Memorandum of Understanding reflects our commitment to helping countries build flexible digital economies. Together, we aim to implement effective Blockchar solutions that benefit both the public and private sectors, which paves the way for economic growth and the establishment of Guinea. As a pioneer in technological innovation.
The Guinea authorities also stressed the importance of this cooperation. M. Jiba Diakit, Minister and Chief of Staff of the Republic of Guinea:
“The signing of this memorandum of understanding between the Republic of Guinea and tension is an essential strategic step in our endeavor to a comprehensive and sustainable digital transformation. We aim to open a new chapter in our technological development by integrating advanced technologies such as Blockchain and an counterpart solution.”
M. Alpha Bakar Barry, Minister of Higher Education, Scientific Research and Innovation:
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“This memorandum of understanding is an important step in our ambition to put Guinea at the forefront of technological innovation in Africa. It will allow us to enhance educational and scientific infrastructure, and to equip our youth to face challenges and seize the chances of global digital transformation.”
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The effects of the digital transformation of Guinea
This partnership with Tether represents an important opportunity for Guinea to accelerate its digital transformation.
Integration of Blockchain technology can improve transparency, efficiency and security in the country’s administrative and financial processes. Moreover, the adoption of peer solutions can lead to a counterpart to facilitate financial inclusion, as it provides services to societies that were previously deprived by traditional banking systems.
Cooperation with Tether can also attract international investments, stimulate the growth of local startups for technology, and create new job opportunities in the digital sector.
Through the implementation of targeted educational programs, the Workforce in Guinea will be more willing to participate actively 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 is the beginning of a new era of innovation and economic growth of the country.
By adopting Blockchain technology and enhancing peer solutions to peers, Guinea puts herself as a leader in digital transformation in Africa, ready to seize the opportunities provided by the global digital economy.
