Peter
You may need
#+BEGIN_SRC shell
aclocal
./bootstrap
#+END_SRC
The bootstrap file is
#!/bin/sh
# Initialize the build system.
set -e -x
exec autoreconf -vfi
The configure.ac file should have the following
# Check for latest Guile development files.
GUILE_PKG([3.0 2.2 2.0])
# Checks for programs.
GUILE_PROGS
GUILE_FLAGS
Let me know if you still have problem.