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The Democratic Party of Equatorial Guinea Focuses on Horizon 2020 Development Plan

November 18, 2015, 12:34 pm
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President Obiang and First Lady Receive International Awards for Economic Diversification and Female Empowerment

The Democratic Party of Equatorial Guinea focused its attention on the economic future of the country and its citizens and the steps taken toward achieving the goals lined on the Horizon 2020 program at the closing of the third National Congress of the party held in Bata this past week .

In recognition of the great strides Equatorial Guinea has made over the years, President Obiang and the First Lady received awards from the Inter-African Committee on Traditional Practices. The President received the Award for Political Excellence and High Level Leadership in Africa and the First Lady received the Award for Social Action and Female Leadership in Africa. Their work in in the African Union, most notably for calling for economic diversification and in the fight for women’s’ rights, was highlighted.

The closing discussions of the National Congress focused on the sustainable development of Equatorial Guinea with Government’s adherence to the Horizon 2020 plan.

The evolution of industry in Equatorial Guinea away from dependence on oil with increased focus on small and medium-sized enterprises was stressed for the health and future of the nation.

In recent years, the Government has directed efforts toward diversifying economic sectors such as agriculture, tourism, fishing and financial services. Government highlighted increased focus on the growth of private industry, development of new technologies and support for women and children.

The Government’s report on the Millennium Development Goals highlighted a reduction of the population living in poverty by over 50 per cent, the result of projects like improved housing, transportation and health services. Continued work for those most at risk included youth education, social protections and general well-being.

Significantly increased investment in infrastructure has made the country a leader in transportation within Africa.

In closing the weeks’ activities, the President emphasised the importance of adhering to universal democratic principles and recognized each and every Equatorial Guinean for the country’s success over the last three decades.

  
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President Obiang Focuses on Emission Cuts and International Cooperation at COP21

December 3, 2015, 7:10 am
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Outlines Equatorial Guinea’s carbon dioxide reduction plan and calls for increased cuts from the most developed nations

Equatorial Guinean President Obiang Nguema Mbasogo spoke at the 21st United Nations Climate Change Conference (COP21) in Paris this week about the country’s pledged emissions cuts and the need for global cooperation to protect the environment.

Equatorial Guinea will reduce carbon dioxide emissions by 20 percent in 2030 and 50 percent in 2050. To achieve this, Obiang called for global economic and technical assistance.

Obiang highlighted that five nations are responsible for over 55 percent of emissions and called for these industrialized nations to become accountable and reduce their emissions even further.

He recognized that the climate situation involves the global community as a whole and it is in the best interest of everyone to come to a firm agreement to safeguard humanity.

Obiang’s speech was made in front of the over 150 world leaders who attended the conference in addition to United Nations Secretary General, Ban Ki-moon and leading climate authorities.

In addition to his speech, Obiang held bilateral meetings with his international counterparts and other high-level meetings.

Equatorial Guinea is located in the Congo River Basin, home to some of the largest undisturbed tropical rainforests in the world, and has seen first-hand the effects of climate change.

The goal of COP21 is to come to an International Agreement for post-2020 to reduce the emissions of harmful gasses into the atmosphere in an attempt to curb the recent global temperature fluctuations.

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Equatorial Guinea To Promote Investment with Hydrocarbons & Industry Forum In India

January 12, 2016, 8:20 am
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Equatorial Guinea’s Ministry of Mines, Industry and Energy will host the Equatorial Guinea-India Hydrocarbons & Industry Forum, an investment forum in New Delhi, India on January 22 to promote its energy, hydrocarbons and industrial sectors.

The Ministry will outline its regulatory framework for the top investment opportunities in the country’s oil, gas and industrial sectors.

Some of the investment opportunities that will be highlighted include offshore hydrocarbon exploration, mining, petrochemicals, the Industrial City of Mbini and the Bioko Oil Terminal.

The forum will include presentations from top Equatorial Guinea officials and H. E. Gabriel Mgaba Obiang Lima, Minister of Mines, Industry & Energy.

“India is a valued trade partner of Equatorial Guinea,” said Minister Obiang Lima. “With several projects under development, we are eager to extend multiple investment opportunities to Indian enterprises and enhance our energy cooperation.”


The Forum will coincide with the India-Africa Hydrocarbons Conference in New Delhi from January 20-22.
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Hydrocarbons & Industry Forum to Highlight Equatorial Guinea’s Investment Opportunities for India

January 21, 2016, 11:51 am
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The Equatorial Guinea – India Hydrocarbons & Industry Forum aims to highlight Equatorial Guinea’s investment environment and strong economic ties between the two countries.

Equatorial Guinea will showcase many attractive investment opportunities to Indian financiers this week. For example, the PEGI 2020, with the four pillars of agriculture, fisheries, tourism and finance, and energy, is part of Equatorial Guinea’s Horizon 2020 development program. Indian companies with experience in any and all of these sectors are openly invited to invest.

The Industrial City of Mbini, an independent economic zone in the mainland region of Rio Muni for international firms, is another opportunity for individuals and firms. The City offers an efficient application process through a single agency; secure investment and legal framework; infrastructure; and access to Equatorial Guinea and Central Africa’s biggest markets.

The Luba Petroleum City, based on Bioko Island, provides a range of services to regional oil and gas operators. The City develops logistics activities throughout the Gulf of Guinea, providing downstream opportunities for many small and medium-sized enterprises.

The REPEGE is the Government’s Petrochemicals Revolution to make the country globally competitive by increasing value from oil and gas production. Investors are welcomed to get involved in this vast sector as well.

The Equatorial Guinea – India Hydrocarbons & Industry Forum will take place in New Delhi on January 22 to promote investment opportunities in the energy, hydrocarbons and industrial sectors of Equatorial Guinea. The Forum is hosted by the Ministry of Mines, Industry and Energy.
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President Obiang leads the Peace and Security Council at the 26th Summit of Heads of State and Governments of the African Union

February 10, 2016, 12:26 pm
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Equatorial Guinea President Obiang led the Peace and Security Council at the 26th Summit of Heads of State and Governments of the African Union this past week. The Peace and Security Council comprises of 15 countries within the Union whose objective is to promote peace, stability, and security in Africa.

“The work of our committee will proceed in two sessions. The first session is public and it will examine issues related to the efforts of the African Union in the fight against terrorism and the situation in South Sudan. The second will be private and only involve the Member States of the Council. We will examine the issue concerning the situation in Burundi,” said President Obiang.

Secretary General of the United Nations Ban Ki-moon was also in attendance at the 10th annual meeting of the Peace and Security Council.

The theme of the Summit was the African Year of Human Rights, specifically focused on the rights of women and their access to positions of responsibility in institutions.
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President Obiang inaugurates innovative CNG Plant

February 11, 2016, 7:37 am
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Equatorial Guinea’s President Obiang inaugurated the pioneering Compressed Natural Gas (CNG) plant to reduce emissions and improve public transportation availability in Malabo and other cities.

The plant is the latest in a series of groundbreaking infrastructure projects by the President and the Ministry of Mines, Industry, and Energy.

The new plant includes a new bus terminal and a natural gas-powered bus fleet, a cooking gas bottling facility, and improved road infrastructure.

“Equatorial Guinea has plentiful natural gas reserves, and it is our goal to provide access to this domestic resource to our citizens. With the introduction of pioneering compressed natural gas infrastructure, we can now offer clean, cost effective gas-powered public transport to the residents of Malabo and Bata,” said the Minister.

The plant is an integral part of Equatorial Guinea’s Horizon 2020 economic development plan, which will allow the country to develop and export technological expertise, as well as provide CNG to neighbouring countries.
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School Transportation Service Underway in Malabo

February 11, 2016, 2:00 pm
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Under the leadership and vision of Equatorial Guinea’s President Obiang, details for transportation services for school were underway this past week for service in Malabo.


The Ministry of Education and Science is finishing instruction of the monitors and drivers on the conditions and common rules for transport service at the various stations to collect students for school.
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Minister of Economy, Planning and Public Investment Gives Keynote Speech at the 19th Annual Wall Street Economic Forum

March 1, 2016, 7:04 am
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Equatorial Guinea’s Minister of Economy, Planning and Public Investment Bakale Angue delivered the keynote speech at the 19th Annual Wall Street Economic Forum in New York.

Minister Bakale led a Delegation that also featured H.E. Cesar Augusto Mba Abogo, Secretary of State for the Implementation of Plan Horizon 2020, and Equatorial Guinea’s Ambassador to the USA, H.E. Miguel N. Evuna Andeme.

In his speech, Minister Bakale presented Equatorial Guinea as a country that is ready to become a hub for all type of business in the sub-region.

“Investing in Equatorial Guinea is investing in the whole Central African region; the most secure port of entry for American businesses.”

Having completed the first part of the Horizon 2020 Plan, consisting of the establishment of economic infrastructure across the country, Equatorial Guinea is now ready to diversify its economy, which has been overly dependent on the oil sector for the last 20 years, by attracting American investors.

“We believe that the mutually beneficial experience that Equatorial Guinea has had with the American oil companies operating in the country can be applied to other sectors, from finance, to IT, to Tourism,” said the Minister.

Minister Bakale was personally invited by the Reverend Jesse Jackson and the Rainbow-Push Coalition to lead the panel discussing investment opportunities in Africa.


To learn more about the event, visit the Economic Forum website.
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Equatorial Guinea Ministry of Social Affairs signs Gender Equality Agreement with United Nations

April 6, 2016, 9:52 am
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Equatorial Guinea’s Ministry of Social Affairs and Gender Equality, led by Consuelo Ondo Nzang, recently signed gender equality agreements with the United Nations aimed at empowering women.

The agreement strengthens the ties between the Equatoguinean Government and the United Nations. Together they will continue to fight for gender equality.
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Equatorial Guinea Signs Climate Change Agreement At United Nations

April 22, 2016, 3:19 pm
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Equatorial Guinea joined more than 165 countries today as they pledged their commitment to climate change and signed a historic climate change agreement at a ceremony hosted by United Nations Secretary-General Ban Ki-moon.

The UN reported that the signing of the agreement is the first step toward ensuring that the agreement enters into force as soon as possible. After signing, countries must take the further national (or domestic) step of accepting or ratifying the agreement.

This ceremony has set a record for the most countries to sign an international agreement on one day.

Equatorial Guinea’s Minister of Foreign Affairs and Cooperation, Agapito Mba Mokuy, on behalf of President Obiang Nguema Mbasogo signed the agreement, which was reached in Paris in December of 2015. Equatorial Guinea’s Ambassador to the United States, Miguel Ntutumu Evuna Andeme also participated in the ceremony.
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President Obiang Welcomes Reverend Jesse Jackson to Equatorial Guinea

May 16, 2016, 11:54 am
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Reverend Jesse L. Jackson visited the Republic of Equatorial Guinea between the 1st and 5th of May in order to experience for himself the political and economic  situation in the country and analyze possible cooperation initiatives in education and health with his foundation, Rainbow Push Coalition along with African- American owned institutions that might be interested.

During his stay, Reverend Jackson met  with the President of Equatorial Guinea, His Excellency Obiang Nguema Mbasogo at El Palacio del Pueblo (the People’s Palace). During the meeting Rev Jackson congratulated President Obiang in person for his recent reelection.

Rev Jackson’s delegation was taken to key sites of strategic importance in the country like the newly built African American University of Central Africa, the La Paz Hospitals and the oil facilities at Punta Europa. Thereafter, Rev Jackson joined a meeting that was taken place between government officials and representatives of the oil and gas  industry. On that meeting Rev Jackson mediated on small differences between the two parties and reiterated the strategic importance of the alliance they represent for the development of the country. 

Finally, Reverend Jackson met with leaders of all political parties, including those that did not participate in the last elections,  in order to discuss the current socio political situation in Equatorial Guinea and analyze the General Elections that took place on April 24th. There, Rev Jackson encouraged all political parties to continue with the good work and encouraged them to “ prioritize a spirit of brotherhood within the country in order to prevent Equatorial Guinea from being recolonized” as it is the case with several other African countries currently.

Asked on the matter, Ambassador Miguel Ntutumu Evuna Andeme held very highly this trip and considered that : “these kind of visits are beneficial to both countries since they represent an opportunity to strengthen the already  cordial relations and bring our positions closer with American Institutions; this is the way to promote a deeper and more realistic perspective of our country in contrast to what is usually portrayed in the media”.
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Obiang Sworn in as President of the Republic of Equatorial Guinea

May 20, 2016, 3:40 pm
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At the Palace of Congresses and Conferences in Sipopo, Obiang Nguema Mbasogo S. E. was sworn in as President of the Republic of Equatorial Guinea after winning the country’s recent election.

 
In his speech, the President highlighted the political maturity shown by the people of Equatorial Guinea in recent years. “Since the beginning of our democratic experiment, the people have shown incredible support in electoral constituencies within and outside the country the political option presented by the Democratic Party of Equatorial Guinea, because they understand that the continuity of peace, political stability, economic and social development our country has experienced should not be interrupted.”

The President also thanked the people for the trust they placed in him by re-electing him with 93 percent of the votes. International observers described the election as “transparent, fair, and legal.”

 
“I’m not President of a district, province or region, much less one ethnic or tribal group,” said President Obiang. “First and foremost, I am President of the Republic and of the entire nation of Equatorial Guinea and, as such, it is my duty and obligation to defend and serve the people, safeguard national unity, territorial integrity, and promote the welfare of all citizens.”

The elections took place in a peaceful and orderly atmosphere across the country with an overwhelming participation of the people of Equatorial Guinea. The President commended the people and said, “Our priority remains the preservation of peace, political stability, permanent dialogue between all political forces, and institutional strengthening in order to make our democracy an instrument to benefit the welfare and development of the nation.”

 

The President emphasized that the next seven years will be crucial to the development of Equatorial Guinea and invited the people embrace “this renewed spirit and continue our march towards the wellbeing and happiness of the nation.”
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Equatorial Guinea Ranks 62nd on Global Peace Index

June 15, 2016, 2:15 pm
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Equatorial Guinea was ranked 62 out of 163 countries on the Global Peace Index. Other countries close in ranking include Argentina, the United Arab Emirates, South Korea, and Ecuador.

At 62nd, Equatorial Guinea was ranked far ahead of many larger, developed nations, including Brazil (105), China (120), Mexico (140), India (141), and the United States (103).

Equatorial Guinea was measured based on external and internal conflicts, relations with neighboring countries, and political stability, among many other factors.

The Index measures the state of peace using qualitative and quantitative date and is released annually by the Institute for Economics and Peace (IEP).

The IEP is an international think tank focused on the relationship between economics, business, and peace.
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Equatorial Guinea Participates in the Business Confederation of the Community of Portuguese Language Countries Forum

June 20, 2016, 7:17 am
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Equatorial Guinea recently participated in the Business Confederation of the Community of Portuguese Language Countries (CE-CPLP) Forum held in Portugal.

The CE-CPLP forum aimed to re-launch the business cooperation between community member countries as well as guaranteeing the implementation of the Institute of Certification for the Import and Export of Equatorial Guinea Products, the first of this nature in Africa.
In addition, the president of the chamber was awarded the Business Prestige Prize, the first granted to an African country member.
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Equatorial Guinea Runs for African Union Presidency

June 21, 2016, 3:00 am
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Agapito Mba Mokuy, Equatorial Guinea’s Minister of Foreign Affairs, aims to develop programs to provide more employment opportunities for young people throughout Africa and reduce emigration as part of his platform as he runs for the Presidency of the African Union Commission.

Minister Mba Mokuy has placed special emphasis on policies directed toward young people. In a recent interview he said, “Youth is one of the priorities of the Equatorial Guinea candidacy. Why do young people emigrate? I believe that the African Union Commission should support the Heads of State with the adoption of programs that allow the creation of more employment on the African continent. We have this capacity; we have to strengthen it. Many of our young people leave because they cannot find jobs. For that reason, priority must be given to youth directly or indirectly, to deal with these issues, and the question of youth and the question of employment".
 
He stressed the idea of intellectually empowering young people, as many other countries do in order to best use their resources. The Minister of Foreign Affairs also raised two basic issues confronting the African continent. One is that the need to eradicate the "culture of wa.," He said,  "Africa should not forget its idiosyncrasies, that it is a culture of dialogue and traditional values." In addition, he called on the African Union to finance itself through wholly African money. Currently, it has 80% foreign capital.”

Botswana and Uganda are also being considered for the Presidency of the African Union.
Minister Mba Mokuy concluded the interview by highlighting the importance of remaining united for a single cause, Pan-Africanism: "In order for this dream to become a reality, the African countries have to take steps to ensure there is order, stability and security. President Obiang Nguema Masobo said that we need to call on Africa to show seriousness, dignity, respect and solidarity".
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The Democratic Party of Equatorial Guinea Presents Complaint to the International Court of Justice Against the Republic of France

June 23, 2016, 10:28 am
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The Democratic Party of Equatorial Guinea (PDGE) expressed full and unconditional support for the Second Vice President of the Republic of Equatorial Guinea, Teodoro Nguema Obiang Mangue, regarding the process lawsuit submitted to the International Court of Justice (ICJ) in the Hague against the Republic of France.

The PDGE welcomed the opportunity to defend the Republic before the ICJ, an institution that treats matters with due process and the necessary objectivity and impartiality.

The Republic of Equatorial Guinea submitted the process lawsuit to the ICJ against France for the controversy created by the National Financial Prosecuting Authority of France (PNF) against the Mr. Nguema Obiang. Equatorial Guinea stated that the procedure by the PNF constitutes an attack against the immunity of Mr. Nguema Obiang, who has the right under international law to which French courts have refused.

In detail, the PDGE expressed the support the Second Vice President of the Republic, Head of Defense and State Security, and National President of the Federation of Youth, against international instigations.

The PDGE highlighted the improbable situation in which a court in Equatorial Guinea or any nation in Africa could indict a French Vice President. That a court outside Equatorial Guinea could judge a high-level representative of the Republic is interfering with the sovereign nature of the Republic.

The PDGE also expressed support for the legal representatives of Equatorial Guinea in defending the interests of the Republic before the ICJ.

The PDGE expressed gratitude to the UCJ for admitting the process and hopes that such an important issue between two countries will be treated with neutral objectivity and impartiality necessary to respect the sovereignty of two nations in litigation.

The issue of sovereignty and non-interference in the affairs of another nation is one of the basic pillars of independence and freedom, which Equatorial Guinea fully supports.


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Equatorial Guinea Vice President Leads Country Delegation to Olympics Rio 2016

August 8, 2016, 1:43 pm
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Equatorial Guinea’s Second Vice President in charge of National Defense and State Security, Teodoro Nguema Obiang Mangue, recently led the country’s athletes to the Olympics in Rio de Janeiro in Brazil.
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Equatorial Guinea's Biodiversity Featured in Audubon Magazine

August 9, 2016, 10:40 am
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Audubon Magazine recently carried a feature story on the captivating biodiversity found in Equatorial Guinea's Island of Bioko. The article highlighted the island's one of a kind bid species and scientific efforts to catalogue previously unknown species in a recent expedition.

The expedition was led by the Bioko Biodiversity Protection Program, Equatorial Guinea's oldest conservation organisation, which is operated by the National University of Equatorial Guinea and Drexel University in the U.S.

The magazine reported that Equatorial Guinea is the ideal place for biologists due to its mainland jungles that boast rare animals like picathartes, chimpanzees, elephants, and gorillas. "Bioko is even more intriguing. Islands aren't usually flush with primates or forest birds, which are unlikely to cross open waters and colonize new shores. Bioko, however, was part of the mainland until 12,000 years ago, when rising sea levels cut off what had been a peninsula. It's an ark whose residents have evolved completely isolated from their counterparts on the mainland. Today at least two of the island's birds - Fernando Po Batis and Fernando Po Speirops - are found only here and some of its three dozen or so avian subspecies may well be unique species worthy of protection."

In addition to the study of indigenous bird species only found in Equatorial Guinea, the program tracks primates and marine turtles in an effort to catalogue the country's rich biodiversity.

Equatorial Guinea is a member of the Commission for the Conservation of Forest Ecosystems in Central Africa (COMIFAC). As part of the government's efforts to preserve the country's ecosystems and biodiversity, Equatorial Guinea participates in the United Nations Environment Programme (UNEO) and is a signatory of the Convention on Migratory Species of Wild Animals (CMS).
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Equatorial Guinea in the Olympics: Remembering the Incredible Performance of Eric Moussambani

August 11, 2016, 12:33 pm
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Eric Moussambani Malonga, born in Equatorial Guinea in 1978, gained worldwide recognition for his swimming performance at the 2000 Olympic Games in Sydney, Australia. 

Eric, who later became known as “Eric the Eel,” competed in the men’s 100 meters freestyle race at the Sydney Olympic Games for Equatorial Guinea, despite never having raced that far before. Eric trained in hotel pool in Equatorial Guinea that was only 20 meters long; when he arrived in Sydney for the Olympics he said he had never seen an Olympic-size pool. Eric was invited to the Olympics as part of a program that allowed athletes from developing countries to participate directly without qualifying.

The winner of the 100-meter freestyle race was the Dutch van der Hoogenband with a time of 47.84 seconds. Eric clocked 1.52.72.

The race will be remembered for Eric’s strength of spirit to represent the Republic of Equatorial Guinea and swim on to complete the race, despite being an amateur on the Olympic stage. The 2016 Olympic Games in Rio de Janeiro, Brazil are currently underway, and Robel Kiros Habte from Ethiopia has gained attention for his swimming as an amateur representing a developing country. Habte even finished the 100 meters in 1.04.95, faster than Eric. But the world will never forget Eric the Eel from Equatorial Guinea and the courage he displayed in 2000.
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Equatorial Guinea Leads Trade Facilitation in Central Africa

September 14, 2016, 6:14 am
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Equatorial Guinea led trade facilitation in Central Africa in 2015 through a Government program to improve the investment climate. The new program will position the country as a major player in global trade and drive the economy of the west African nation.

Equatorial Guinea has adopted the single-window system for the registration of companies and corporations to streamline trade inflows into the country and vastly improve the country’s ease of doing business ranking with the World Bank.

On 7 September, Equatorial Guinea’s Prime Minister’s office issued an executive order to reduce the registration process from over 15 procedures to four simple steps:

Notary legalizes company statutes;
Register public deed in the Commercial Registry;
Apply for tax registration; and
Apply for registration with the corresponding Ministry (based on business purpose).

By reducing the number of steps, individuals and foreign companies can establish companies, corporations, partnerships, and branches in Equatorial Guinea easier and more affordable.

The number of days to complete the registration will be reduced from 120 days to 10 days.

Additionally, the costs of registering a business will be cut by almost 45 percent.


The Government of Equatorial Guinea has made it easier and more attractive for entrepreneurs to register their businesses, as well as foreign investors, and to comply with laws and regulations by simplifying the process. This Government program will stimulate investment in key sectors to drive economic growth in Equatorial Guinea.
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