The extremely high illeracy rate is one of Guinea's biggest problems, especially in rurual areas. Because of the illeracy problem, Guinea also lacks the skilled labor required to attract foreing IT companies to set up operations in the country. The lack of technical know how is severelly limiting the spead of IT in the country. Furthermore, the lack of the proper infrastructure is an obstacle to IT development. Besides the capital city, phone lines used mostly used to connect to the Internet are inexistant in almost all other regions.
Guinea also lacks the capital funds required for IT development.
Even it it wanted to, the country does not have the financial ressources needed to improve its infrastructure. The country will have to rely on foreing direct investment to provide the needed funds, therefore the need for privatization and deregulation. Guinea is one the few African countries with the proper regulations and policies. As a matter of fact, unlike many African countries, Guinea has allowed a foregin company to control more than half of the country's telecommunications. A second advntage for Guinea is also its political stability which is a big plus in a continent where alomost every other country has some kind of political problems.