After a career in academia, Dr. Kerfalla YANSANE has served over the past 30 years in different positions in the Government of Guinea, from Central Bank Governor (1986-1996), to Minister of Economy and Finance (2010-2014), and Minister of Mining and Geology (2014-2016).
As Central Bank Governor, Dr. Yansane actively participated in the vast economic reform programme that was undertaken in Guinea in 1985-1986, aimed at shifting from state run economy to market economy. He was particularly instrumental in the restructuring of the Central Bank, and the liberalization and modernization of the monetary and banking systems.
As Minister of Economy and finance, Dr. Yansane largely contributed to the strengthening of the cooperation between Guinea and the international financial institutions. Dr. Yansane largely contributed in achieving the completion point of the initiative for Highly Indebted Poor Countries (HIPC) and the cancellation of a large part of the Guinea public debt. In recognition of his outstanding achievements, Dr. Yansane was promoted Senior Minister (Ministre d’Etat), and he was awarded the title of Africa’s best Minister of Finance of the Year 2012, at the sidelines of the African Development Bank Group Annual Meetings in May 2012 in Arusha, Tanzania.
As the Minister of Mining and Geology, Dr. Yansane’s main achievements included inter alia, the signing in May 2014 of the Investment Frame Work of the Simandou iron ore project ($20 billions worth of investments) with partner institutions and organizations, namely the mining giant Rio Tinto (Anglo-Australian), Chinalco (China), and the International Finance Corporation (IFC, private sector branch of the World Bank Group).
From January 2016 to January 2018 Dr. Yansane served as Senior Minister, Advisor to the President of the Republic of Guinea for international financial institutions, and at the 2017 G20 Summit, he served as the Sherpa for Guinea’s President, who was then the Chairman of the African Union.
Dr. Yansane was associated with a number of regional and international boards and technical committees, including, amongst others: Vice Chair of the Board of Directors of the African Economic Research Consortium (Nairobi, Kenya); Executive Board, African Capacity Building Foundation (Harare, Zimbabwe); Member of the United Nations Committee for Development Policy (New York) responsible for graduation criteria of the Least Developed Countries (LDCs).
Dr. Yansane holds a State Doctorate (Ph.D.) from University of Paris-Sorbonne, Faculty of Economics and Law, and a Post Graduate Diploma in Finances from the Institute of Political Sciences of Paris. He worked as Professor at the University of Dakar, Senegal, and he is often invited to give lectures in a number of universities, including CERDI (Centre de Recherches pour le Développement International) Clermont Ferrand, France, and the Institute of Political Sciences of Paris.