Equatorial Guinea launches aggressive 2020 investment agenda

1,033FollowersFollow

In light of the success of the Year of Energy 2019, an initiative of the Republic of Equatorial Guinea which is seeing the organization of several high-level investment conferences and roadshows in Malabo and internationally this year, the country will be continuing its outreach to global investors with the Year of Investment 2020.

Supported by the African Energy Chamber, the Year of Investment 2020 is an initiative of the Ministry of Mines and Hydrocarbons (MMH) to pursue Equatorial Guinea’s agenda of energy cooperation and investment, and see the signing of several landmark energy deals for Equatorial Guinea in 2020.

Both parties have agreed to work together on the rolling out of this new initiative throughout the signing of a Memorandum of Understanding on the sidelines of the Oil & Gas Meeting Day in Malabo this week.

“Equatorial Guinea not only offers numerous investment opportunities in oil, natural gas and minerals, but its leadership understands the need to be pro-active in promoting investment and reaching out to global energy stakeholders,” declared Jude Kearney, former Deputy Assistant Secretary for Service Industries and Finance at the U.S. Department of Commerce during the Clinton Administration and currently President of Kearney Africa Advisors.

“The signing of this agreement with the Ministry of Mines and Hydrocarbons demonstrates the long history of cooperation between the Chamber and the MMH and our belief that Equatorial Guinea remains one of Africa’s most competitive energy frontiers.”

“We are going to work with our traditional partners in Africa, Europe, United States and Asia to do deals that meet our country’s pro growth agenda. Our market driven policies and enabling environment works better with investment into our country” said H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons. “Our goal with the Year of Investment 2020 is to work in attracting investment that will diversify our economy, boost entrepreneurship, generate profit for investors and create jobs for our citizens”

Through their cooperation, the MMH and the Chamber will be programming and organizing several deal making events and roadshows throughout 2020 to showcase the best investment opportunities that Equatorial Guinea has to offer.

Today News Africa
Today News Africahttps://todaynewsafrica.com
TODAY NEWS AFRICA is registered and headquartered in Washington, District of Columbia, United States of America. Our publication is widely read, respected and influential. By providing daily answers to questions our readers have about the people, the businesses and the continent of Africa, we are reaching a diverse and wide audience from around the world. Our readers, many of them world leaders, trust us because we are independent and truthful. Our advertisers understand the difference between news, views and ads. Contact us: contactus@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

U.S. President-elect Joe Biden says he’s concerned about escalating violence in Ethiopia and worries about civilians

U.S. President-elect Joseph R. Biden Jr. on Monday said he was concerned about the escalating violence in Ethiopia. In a call with the United Nations...

U.S. President-elect Joe Biden speaks with Presidents of Kenya, Argentina and Costa Rica, and UN chief

U.S. President-elect Joseph R. Biden Jr. on Monday spoke with world leaders, including President Uhuru Kenyatta of Kenya, the second African leader after his...

Biden to use walking boot for several weeks after sustaining fractures while playing with dog, doctor says

U.S. President-elect Joe Biden sustained a sprain of his right foot while playing with his dog, Major, his doctor said on Sunday. "Initial X-rays are...

Ethiopian forces set to take Tigrayan capital, as many fear mass civilian deaths

The Ethiopian military said late on Friday that government forces were set to take control of Mekelle, the regional capital of Tigray, even as...

Nigerian-American Adewale Adeyemo makes history as President-elect Biden announces members of his economic team

U.S. President-elect Joe Biden on Monday announced key members of his economic team, including Janet Yellen as Secretary of the Treasury; Neera Tanden as...

President-elect Joe Biden slips while playing with dog, twists ankle

U.S. President-elect Joseph R. Biden Jr. slipped while playing with his dog, Major, and twisted his ankle. The President-elect is being examined at Delaware Orthopaedic...

U.S. House members ask Trump admin to put on hold deportation of asylum-seekers from Cameroon and other African countries

United States House of Representatives members on Tuesday called on the Trump administration to put on hold the deportation, slated for Wednesday, of asylum-seekers...

U.S. ‘appalled by persecution of pro-democracy advocates in Hong Kong’

The United States government said on Thursday it was "appalled by the Hong Kong government’s political persecution of Hong Kong’s courageous pro-democracy advocates." "The...

In first sit down interview since defeating President Trump, President-elect Biden identifies the four crises he’ll face

U.S. President-elect Joseph R. Biden Jr. on Thursday identified the four crises his incoming administration will face when he and Vice President-elect Kamala Harris...

U.S. must stop vilifying immigrants, says Biden homeland security nominee Alejandro N. Mayorkas

The United States "must stop vilifying" immigrants, President-elect Joe Biden's nominee for Secretary of Department of Homeland Security Alejandro N. Mayorkas said on Thursday,...

Biden: We can and must do more for people with disabilities – statement

Statement by President-elect Joe Biden on United Nations International Day of Persons with Disabilities Today, Jill and I join with communities, advocates, and activists around...

Democrats and Republicans finally get serious about COVID-19 relief deal before Christmas

The Democrats and the Republicans are finally serious about reaching a COVID-19 deal before Christmas, as new cases increase and hospitalizations and deaths expand...

52,000 people have died from COVID-19 in Africa from 2.1 million infections, the lowest death toll in the world

More 52,500 people have died from COVID-19 in Africa from over 2.1 million infections, according to the latest data released by the Africa CDC. The...

President-elect Biden appoints Brian Deese as Director of the National Economic Council

U.S. President-elect Joe Biden announced on Thursday that veteran economic and climate expert Brian Deese will be appointed to serve as Director of the...

U.S. ‘appalled by persecution of pro-democracy advocates in Hong Kong’

The United States government said on Thursday it was "appalled by the Hong Kong government’s political persecution of Hong Kong’s courageous pro-democracy advocates." "The use of courts to silence peaceful dissent is a hallmark of authoritarian regimes and underscores once again that the Chinese Communist Party’s greatest fear is the free speech and free thinking of its own people," U.S. Secretary of State Mike Pompeo...
error: Alert: Content is protected !!
Share
WhatsApp
Tweet
Pin
Share