Equatorial Guinea Applies to Join OPEC - WSJ. Equatorial Guinea government moves to new city in rainforest. The government of Equatorial Guinea has moved its headquarters from the coastal capital of Malabo to an unfinished city deep in the rainforest.
President Teodoro Obiang Nguema aims to use the country's oil wealth to make Djibloho a "city of the future". Security, and safety from any attempt to overthrow the government was also a factor in the move. It is understood that MPs will stay there initially for three months. Chairing his first meeting in Djibloho, also known as Oyala, Prime Minister Francisco Pascual Obama Asue warned MPs not to treat the move as a holiday. "Your relocation here does not mean that you are engaging in tourism," said Mr Obama Asue. A new city rises from the jungle Djibloho is surrounded by several national parks and is not far from the eastern border with Gabon. Image copyright AFP The city, which has been several years in the making, includes a five-star hotel, a championship golf course, a conference centre and a university.
Guinée Equatoriale: Une crise économique et sociale sans précédent depuis 2015 - allAfrica.com. Par Sebastiano Asumu En récession depuis trois ans, la Guinée Equatoriale tente en vain de trouver des investisseurs pour relancer son économie.
Le Gouvernement ne parvient pas à réorienter l'économique et s'obstine dans sa stratégie de constructions des infrastructures. Un investissement qui a fait naître une corruption généralisée. Or avec la baisse de la production et les récentes chutes du prix du pétrole, le pays est en crise totale et quasi en banqueroute. La réalité de la situation de la Guinée Equatoriale, est aujourd'hui une économie basée à 90% sur les recettes pétrolières sans aucune diversification. Malgré ce déclin économique, le pays est encore riche de 1200 millions de barils. A Surprisingly Wealthy Corner of Africa.
Monaco and Qatar get lots of play on the wealth beat, but some of the lands of Swarovski and Cristal keep a lower profile.
Like coast-of-West-Africa low. According to the World Bank: Teensy Equatorial Guinea is the wealthiest country on the African continent. This Spanish-speaking nation of just under 800,000 people is not only the wealthiest country in Africa — in terms of gross domestic product per capita (a country’s income divided by the population), with a $14.31 billion GDP — but also ranks 38th worldwide. Oil – Equatorial Guinea: New appointments and mergers at Ministry of Mines, Industry and Energy and GEPetrol will strengthen Equatorial Guinea oil sector.
New appointments and mergers at Ministry of Mines, Industry and Energy and GEPetrol will strengthen Equatorial Guinea oil sector Ministry appoints new Chief of Staff and Director of National Content, among other postings Hydrocarbons and Petroleum Economics; EITI and Industry; and Mining and Quarries merged into single departments National oil company GEPetrol promotes new General Director and other directors in key positions MALABO, Equatorial Guinea, June 29, 2015/ — The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced new government appointments and mergers of key internal departments that will streamline its operations and contribute to an overall improvement of governance in Equatorial Guinea, says Centurion Law Group ( Meanwhile, GEPetrol’s hiring of a new General Director and other key directors as part of a strategic restructuring will make the national oil company better positioned to carry out its expansion.
H.E. Equatorial Guinea To Launch The American University Of Central Africa. MALABO, Equatorial Guinea, Feb. 4, 2015 /PRNewswire-USNewswire/ -- The government of Equatorial Guinea has partnered with StoneHill Education, an educational consultancy firm to launch the American University of Central Africa in the city of Oyala, Equatorial Guinea, this fall.
The Ministry of Education, led by Jesus Engonga Ndong, Minister of Education and Science, has been working with Stonehill Education, Unicon and the Boston University School of Education to lay the foundations for the American University of Central Africa. Sherina Hosein Mohammed, StoneHill Education President, said, "StoneHill Education started working in this project three years ago, first meeting with the President of Equatorial Guinea and the Minister of Education to understand clearly what was needed and to offer the best possible solution.
" "With this particular project we are offering a private layer of management in a publicly owned educational institution. Dr. Economy Diversification in Equatorial Guinea. Invertir en Guinea Ecuatorial: Ciudad Industrial de Mbini. Invest in Equatorial Guinea: Industrial City of Mbini. The launch of the industrial sector and economic diversification in Equatorial Guinea. The newly appointed Minister for Finance and Budgets talks about the strength of Equatorial Guinea’s finance sector, how it could become a financial hub in the region and about the economic diversification the government is actively seeking The exploitation of oil has allowed the state to focus on infrastructure development, opening the possibility of diversifying the economy, the great challenge Equatorial Guinea is facing.
Could you describe the country's economic growth over the last decade and its future prospects? Since we started producing oil in the early nineties, the government had the idea of organizing a National Economic Conference, which was held in the year ‘97. This was the first conference which established that revenues from the oil sector could only be used to develop the country while current income would finance the running costs of the administration. One of the topics was also how to use technology and innovation to exploit financial services further. The gateway to Africa. H.
E. Minister Agapito Mba Mokuy speaks about where the country comes from, where it is going and the opportunities it can offer to interested investors and businessmen. 46 years after its independence, Equatorial Guinea is living one of its most prosperous times in its history. By keeping peace and political stability, the country is becoming an example of governance in Africa. La Guinée Equatoriale perd 58% de ses recettes pétrolières. Copyright : APA La Guinée Equatoriale a perdu 58% de ses recettes pétrolières prévues pour l’exercice 2015 à cause de la chute du prix du baril sur le marché international qui est passé de 115 dollars à moins de 50 dollars, rapporte le compte rendu du premier Conseil des ministres de 2015 diffusé, samedi, à la télévision d’Etat.
«La chute du prix de baril du pétrole qui est passé de 115 dollars à moins de 50 dollars suppose une perte de 58% des recettes attendues de la rente du pétrole, moteur de l’économie du pays » a déclaré le Porte-parole du gouvernement Teobaldo Nchaso Matomba. Cette chute du prix du pétrole affecte de 4,1% le Produit intérieur brut (PIB) pour une économie qui dépend à 90% des hydrocarbures. Le Conseil des ministres présidé, vendredi, par le Président Teodoro Obiang Nguema a été obligé de rajuster le budget pour qu’il soit adéquat au contexte actuel, a-t-il précisé. Signature : APA. YouTube. LE VRAI VISAGE DE LA GUINEE EQUATORIALE QUE LES OCCIDENTAUX NE MONTRERONT JAMAIS UN VRAI EL DORADO. Plan Nacional de Desarrollo Económico y Social. New Horizons for Equatorial Guinea. Portrait of a Nation- Equatorial Guinea. BestOf Emerging Equatorial Guinea. Equatorial Guinea commits to a co-investment fund of 500 billion FR CFA (eq. US $1 billion) to fuel the country’s economic diversification.
Equatorial Guinea commits to a co-investment fund of 500 billion FR CFA (eq.
US $1 billion) to fuel the country’s economic diversification MALABO, Equatorial Guinea, February 3, 2014/African Press Organization (APO)/ – At the opening of “Emerging Equatorial Guinea” ( the 2 days Symposium on the country economic diversification, the Equatoguinean government announced that it has committed to support foreign investments by allocating a Co-Investment Fund (CIF) of 500 Billion Francs CFA (eq.
US $1 Billion). Logo: “This Co-Investment Fund allocation testifies of the country’s commitment to lay the bases for economic diversification to ensure sustainable growth and to create more jobs in our country. Over 100,000 hectares of available arable land; warm climate with high value tropical plant species; timber industry, following example of Gabon Extensive EEZ and territorial waters packed with commercially valuable marine species Under The High Authority of H.E. Emerging Equatorial Guinea - Equatorial Guinea: A Vision of the Future.
Equatorial Guinea Development.wmv. GUINEA ECUATORIAL 2013. SPOTLITORAL.avi. Equatorial Guinea Emerges As Macroeconomic Success Story? Equatorial Guinea’s longtime president Teodoro Obiang Nguema Mbasogo AFRICANGLOBE - Equatorial Guinea is showing up on lists of African success stories, its oil and gas-fuelled GDP producing graphs showing sustained growth, and propelling it to the rank of middle-income country.
An African Development Bank (AfDB) Country Strategy Paper (CSP) released on 18 July reminds us that Equatorial Guinea has Africa’s highest per capita income and has the potential to emerge as a regional energy hub, generating electricity from hydropower, as well as producing gas for local processing – pioneered by the Atlantic Methanol Company plant – and export, and supplying crude to US and other buyers. However, against this promising background, the AfDB says that in development terms, “Equatorial Guinea’s major challenge is to use its oil wealth to achieve sustainable and more inclusive growth so as to improve the country’s social status.” Formally, the government is full of good intentions.
Surprising! - Equatorial Guinea. FOREIGN_AFFAIRS_en.pdf (application/pdf Object) Guinea_sp.pdf (application/pdf Object) Somagec guinea ecuatorial. Portait of a Nation Equatorial Guinea Pt1. Focus Washington: John James Discusses Doing Business in Equatorial Guinea.