The Guinean government prioritizes financial inclusion. To this end, several initiatives are underway to expand access to digital financial services.

Guinean fintech company Digital Wallet-Guinée (Diwalgi S.A.) launched a new electronic money solution, "Kulu-Guinée," on Friday, January 24. The launch, attended by Guinean government officials, marks a significant step forward in the country's efforts to digitize its economy.

"Nearly 60% of the adult Guinean population still lacks access to formal financial services. This situation exposes a large portion of our citizens, particularly merchants and informal workers, to significant risks. Kulu represents an innovative solution that not only promotes financial inclusion but also ensures transaction security while helping integrate our citizens into the formal economy," said Rose Pola Pricemou, Minister of Posts, Telecommunications, and the Digital Economy.

The Kulu-Guinée platform offers various services, including secure money transfers using a QR code, a phone number, or a unique Kulu identifier. It also provides payment options for everyday needs, such as shopping, transportation, hairdressing or dining services, and even salary payments.

This private initiative aligns with the government's ongoing efforts to accelerate the country's digital transformation, notably through the Simandou 2040 Strategic Plan, which positions digital technology as a key driver of economic modernization.

The platform is expected to strengthen digital financial inclusion, provide a safer and more convenient payment solution, and facilitate the integration of Guineans—particularly informal workers—into the formal economy.

By Samira Njoya,

Editing by Sèna D. B. de Sodji