17 February 2025 — Tether, the leading company in the digital asset industry, has announced today the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This strategic partnership aims to delve into blockchain and peer-to-peer technologies, exploring the potential for driving economic growth and positioning the country as a frontrunner in Africa’s digital transformation.
The MoU underscores Tether’s dedication to promoting blockchain adoption worldwide, in line with its mission to encourage innovation, education, and responsible use of digital assets. This initiative goes beyond conventional learning methods, laying a solid foundation for sustainable success.
The MoU focuses on education, innovation, and sustainable technology practices while facilitating the transfer of international knowledge and best practices to Guinea. It aims to set the stage for the country’s adoption of blockchain technologies and create an environment conducive to innovation. A crucial aspect of this initiative is the potential development of blockchain expertise and education in collaboration with Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation of Guinea). Educational programs will be introduced across Guinea’s public and private sectors to raise awareness, foster skills, and nurture local talent in digital technologies.
Tether is committed to supporting Guinea’s “Innovation City” project, an endeavor designed to cement the country’s position as a digital economy leader by establishing a dynamic hub for technology, research, and entrepreneurship to flourish. These efforts align with the government’s broader objectives of promoting economic growth and advancing technological innovation.
This MoU builds on Tether’s established track record of collaborating with governments and institutions to advocate for the responsible adoption of blockchain technology. Tether’s previous engagements in initiatives such as the Plan ₿ Forum in Lugano, Switzerland, demonstrate its dedication to advancing blockchain adoption and education globally. Other notable initiatives include driving digital asset education in Türkiye, developing blockchain and peer-to-peer telecommunication infrastructure in Uzbekistan to foster innovation and growth, and educational programs on Bitcoin and stablecoins in the Ras Al Khaimah region.
Paolo Ardoino, CEO of Tether, remarked, “We are excited to partner with the Republic of Guinea to potentially unlock the vast potential of blockchain and digital technologies across Africa. This MoU reflects our commitment to helping countries build robust digital economies. Together, we aim to implement efficient blockchain solutions that benefit both public and private sectors, paving the way for economic growth and positioning Guinea as a technological innovation leader.”
“The signing of this MoU between the Republic of Guinea and Tether marks a significant strategic advancement in our pursuit of an inclusive and sustainable digital transformation,” stated M. Djiba Diakité, Minister, chief of staff of the Presidency of the Republic of Guinea. “We aspire to embark on a new chapter in our technological development by integrating cutting-edge technologies such as blockchain and peer-to-peer solutions. This MoU signifies our resolve to position Guinea among Africa’s innovation leaders through our Simandou 2040 program, while empowering our youth with the tools they need to tackle global challenges and seize digital world opportunities. It represents a decisive move towards technological sovereignty and Guinea’s influence on the global stage.”
M. Alpha Bacar Barry, Minister of Higher Education, Scientific Research, and Innovation, added, “The signing of this MoU signifies a significant stride in our ambition to position Guinea at the forefront of technological innovation in Africa. This will enable us to bolster our educational and scientific infrastructures, equipping our youth to confront challenges and seize opportunities presented by the global digital transformation.”
“This MoU with Tether serves as a strategic lever to accelerate the integration of blockchain and peer-to-peer technologies at the core of our educational and technological ecosystem,” stated Pr Abdoulaye Baniré Diallo, Cité des Sciences et de l’innovation de Guinée, CSIG project coordinator. “It lays the groundwork for a robust technical framework, conducive to nurturing local skills, adopting innovative solutions, and building an inclusive and sustainable digital economy in Guinea.”
As Tether continues to collaborate with governments, businesses, and institutions, it remains steadfast in its commitment to advancing blockchain technologies and creating opportunities for sustainable growth and digital empowerment.
