EQUATORIAL GUINEA

Africa: Equatorial Guinea contributes $2 million to support China’s fight against coronavirus

Equatorial Guinea’s Council of Ministers has agreed to support China’s fight against the coronavirus with $2 million solidarity contribution this week. Chaired by President Obiang Nguema Mbasogo, the Council of Ministers expressed its deepest support and...

Guinean Abdoulaye Coumbassa who owned Abbi Tax sentenced to 24 months in prison in USA over tax fraud

Guinean Abdoulaye Coumbassa was on Thursday sentenced to 24 months in prison over tax fraud in the United States.Abdoulaye Coumbassa owned and operated Abbi Tax Services and Accounting (Abbi Tax).

Exxon and Chevron selling assets in Equatorial Guinea and Nigeria as U.S. companies retreat to shale projects

The Minister of Mines and Hydrocarbons in Equatorial Guinea, Mr. Gabriel Obiang Lima, announced on Sunday that Exxon Mobil Corp. was in talks to sell its oil assets in the central African nation.Exxon and...

Equatorial Guinea’s Gabriel Mbaga Obiang Lima signs series of agreements in Abu Dhabi

Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, officially kicked off the country’s Year of Investment initiative during the Atlantic Council’s Global Energy Forum in Abu Dhabi.The delegation...

Equatorial Guinea outlines Asian investment strategy

Ahead of the Atlantic Council Global Energy Forum in Abu Dhabi, Minister of Mines and Hydrocarbons of Equatorial Guinea, Gabriel Mbaga Obiang Lima, outlined the country’s Asia-focused investment strategy following successful high-level discussions with state-owned oil...

Gabriel Mbaga Obiang Lima to attend global energy forum in Abu Dhabi

As part of Equatorial Guinea’s Year of Investment Initiative which is centered on driving investment in Equatorial Guinea and Africa’s leading oil and gas-producing economies, Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima will participate...

Equatorial Guinea leader asks Central Africa to follow West Africa in dumping “outdated” France-backed CFA Franc

The President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo has called on Central African nations to follow West African nations in dumping the France-backed CFA francThe CFA franc is used in two...

IMF approves $282.8 million loan for Equatorial Guinea with immediate disbursement of $40.4 million

The executive board of the International Monetary Fund (IMF) on Wednesday approved $282.8 million three-year loan for Equatorial Guinea under an extended fund facility (EFF) arrangement, with an immediate disbursement of $40.4 million.

President Cyril Ramaphosa concludes 3-nation tour of West Africa

President Cyril Ramaphosa of South Africa on Friday concluded working visits to three members of the Economic Community of West African States.In a statement to TODAY NEWS AFRICA in Washington D.C., his...

Fresh: The “Declaration of Malabo” launched in Equatorial Guinea by gas exporting countries seeks to secure long-term energy transition

The Declaration of Malabo was published as the outcome of the Gas Exporting Countries Forum (GECF) 5th Heads of State Summit on Friday.The declaration was presented by Gabriel Mbaga Obiang Lima, Minister...
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BREAKING: Nigeria National Assembly issues statement following backlash over attempts to trash Vice President Osinbajo

The attention of the leadership of the National Assembly has been drawn to reactions to some...
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BREAKING: COVID-19 drives Sub-Saharan Africa toward first recession in 25 years, World Bank says

Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4%...

BREAKING: About 2000 people died from COVID-19 in U.S. on Wednesday

About 2000 people died from COVID-19 in the United States on Wednesday, a day after a similar number of deaths was...

BREAKING: President Buhari’s special adviser Maryam Uwais counters attempts by Senate President and House Speaker to trash Vice President Yemi Osinbajo

Maryam Uwais, Special Adviser to President Muhammadu Buhari on Social Investments has released a strongly worded statement countering some attempts by...

BREAKING: Chad asks IMF for $115 million to respond to COVID-19 economic sabotage

The Executive Board of the International Monetary Fund (IMF) is considering an urgent request made by Chad for a disbursement of...
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