Latest News for: Equatorial guinea market


Israel in Africa: Old and New Partners

The Algemeiner 20 Jul 2023
Today, sub-Saharan Africa could emerge as a lucrative market for the Israeli arms industry. According to the (SIPRI), Cameroon, Chad, Equatorial Guinea, Lesotho, Nigeria, Rwanda, the Seychelles, South Africa, and Uganda received weapons from Israel during 2006-10, with 40% of Israel arms exports going to African countries in 2014.

The African banks that are buying some of SocGen’s assets

Business Day 08 Jun 2023
The bank has expanded since 2008 to the eight countries of the West African Monetary Union, and Guinea, which has a separate currency ... Taking over SocGen’s subsidiaries in Congo-Brazzaville and Equatorial Guinea will enable it to expand into the central African regional market.

Explainer: Who are the lenders stepping up as SocGen scales back in Africa

Reuters 08 Jun 2023
The bank has expanded since 2008 to the eight countries of the West African Monetary Union, and Guinea which has a separate currency ... Taking over SocGen's subsidiaries in Congo and Equatorial Guinea will enable it to expand into the Central African regional market.

Cameroonian Villagers Say Elephants Devastate Farmlands, Plead for Help

Voa News 13 Apr 2023
Officials on Cameroon's southern border with Gabon and Equatorial Guinea say scores of villagers came out in market squares at Vema and Nkol-Efoulan on Thursday, protesting the destruction of several hundred hectares of their farmland by elephants ... Equatorial Guinea says it has about 900 elephants.

Infectious Disease Experts Break Down Exactly What the Marburg Virus Is—and How Worried We Should ...

Henry Herald 13 Apr 2023
Just weeks ahead of President Joe Biden ending the emergency declaration around the COVID-19 pandemic, the Centers for Disease Control and Prevention (CDC) about an outbreak of the Ebola-adjacent virus in Tanzania and Equatorial Guinea.

Chinese FM meets Equatorial Guinean counterpart

ECNS 24 Mar 2023
He added that Chinese enterprises are encouraged to invest in Equatorial Guinea and that the Chinese market welcomes more products from Equatorial Guinea ... He added that Equatorial Guinea firmly adheres to the one-China principle and opposes interfering in China's internal affairs under the pretext of human rights.

Oil on Gas Regulations Spotlight: Equatorial Guinea

Business Ghana 13 Mar 2023
(MEGI), is the largest oil producer in the country, Sociedad Nacional de Gas de Guinea Ecuatorial (Sonagas)—Equatorial Guinea’s state-owned hydrocarbon company—manages the distribution, marketing, and exploration of the nation's natural gas assets, including the industrial and residential natural gas markets [2].

Oil and Gas Regulations 2023—Equatorial Guinea, Cameroon, & Ghana

Business Ghana 27 Feb 2023
Centurion Law Group ( is pleased to announce its invaluable contribution to one of the highest-ranking legal reference websites, ICLG (International Comparative Legal Guides), providing useful tools for investors and businesses operating or looking to expand into the oil and gas sectors of Equatorial Guinea, Ghana or Cameroon.

Kyari Foresees Sustained Rise in Oil Demand with Economic Growth in Africa, Reopening in China

This Day 16 Jan 2023
Kyari said there was little evidence that the oil market was facing a shortage from the measures ... Also, Equatorial Guinea Oil Minister, Gabriel Mbaga Obiang Lima, speaking on a separate webinar, said the OPEC+ coalition was closely monitoring the Chinese economy and the Russia-Ukraine war.

Parliament to shine spotlight on Glencore operations

Mail Guardian South Africa 23 Aug 2022
Glencore pleaded guilty before a United States court in late May and a British court in June to bribery involving over $100-million in the Democratic Republic of Congo, Cameroon, Côte d’Ivoire, Equatorial Guinea, Nigeria and South Sudan. It also pleaded guilty to market manipulation in the US and additional bribery offences in Brazil and Venezuela.

African governments silent after Glencore pleads guilty to grand corruption

Mail Guardian South Africa 14 Jul 2022
Before a US court in late May and a British court in late June, Glencore pleaded guilty to bribery of over $100-million in the DRC, Cameroon, Côte d’Ivoire, Equatorial Guinea, Nigeria and South Sudan ... The bribes in Equatorial Guinea and South Sudan were also for the company to get preferrial access to those countries’ crude oil.

Oil, the State, and War: The Foreign Policies of Petrostates

The New Arab 15 Jun 2022
Equatorial Guinea, on the ... Super-producers, and more specifically the subgroup of super-exporters, whose leading status derives from market share, are endowed with a foreign policy toolkit that is unavailable to other oil-rich states such as Equatorial Guinea, Oman, or Malaysia.

SADC reignites fight to sell ivory, but to who?

Mmegi Online 10 Jun 2022
China and Japan, traditionally the major markets for ... Members of the Coalition include countries such as Nigeria, Benin, Chad, Comoros, Equatorial Guinea, Burundi, Gambia, Liberia, Ghana and others that Botswana considers traditional allies such as Kenya, South Sudan and Rwanda.

Mozambique: Nyusi Seeks Investment From Equatorial Guinea

All Africa 04 Jun 2022
Malabo -- Mozambican President Filipe Nyusi on Thursday invited businesses from Equatorial Guinea to invest in Mozambique, or to source products that they need from the Mozambican market, on the basis of mutual advantage ....

European Union (EU) Forges Ahead with Africa Gas Deals

Business Ghana 02 Jun 2022
Countries such as Mauritania, Senegal, Ghana, Mozambique, Equatorial Guinea and Tanzania could tap into international markets, ramping up LNG exports as soon as large-scale projects come online.

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FILE - Divers look for flood victims in the city of Derna, Libya, Sept. 18, 2023. The devastating storm that dumped torrential rains along the Libyan coast this month was up to 50 times more likely to occur and 50% more intense because of human-caused climate change, according to an analysis released Tuesday, Sept. 19.
AP / Yousef Murad, File