Advancing Equatorial Guinea in 2019
Equatorial Guinea is fast becoming one of the leading countries in Africa for international investors due to its wealth of natural resources, forward-thinking economic strategies and political stability.
With over two decades of economic growth and a history of productive international investment partnerships, Equatorial Guinea is making great strides in its economic development initiative, Horizon 2020, in improvements to the country’s infrastructure, human capital, governance and social wellbeing.
Building on progress and investment made in infrastructure, 2019 has been declared the Year of Energy and throughout the year we will building the program for Advancing EG to explore a wide range of development opportunities across an abundance of industries including agriculture, renewable energy, tourism, finance and a rapidly evolving digital service sector.
Two major events will take place in 2019 as part of the Advancing EG program: The Economic Trade & Investment Summit 15-17 October and the National Economic Conference (Conferencia Economica Nacional – CEN2019) will take place 22-26 April followed by the national dialogue with the President on 2-4 May.
ETIS 2019 – Economic, Trade & Investment Summit 2019
15-17 October 2019, ETIS 2019 brings together African Heads of State and Ministers of Finance and Trade & Industry for a major summit on the national dialogue on economic development in Equatorial Guinea.
Over the last 15 years, many Sub-Saharan African economies have enjoyed unprecedented growth despite development challenges of persistent poverty, underdeveloped infrastructures and skills shortages. This remarkable growth stems from a regional drive to leapfrog barriers using economic diversification and new technology.
ETIS 2019 offers an opportunity to join the discussion and explore the range of possibilities in Equatorial Guinea to leverage the benefits of the Fourth Industrial Revolution.
Conferencia Económica Nacional (CEN2019)
From 22-26 April the Government of Equatorial Guinea will enter into a five day national dialogue to report on the outcomes of Horizon 2020 and prepare major reports concerning the eradication of poverty, improving governance, diversifying the economy and committing to sustainable development. This will be the National Economic Conference – CEN2019.
The government of Equatorial Guinea has created new incentives to eradicate poverty, increase productivity and advance social inclusion. To push forward the national agenda, the government seeks to attract investment by improving governance, building modern infrastructure in all main cities and connecting the country with advanced telecommunications networks.
During 2-4 May the outcomes of CEN2019 will be reported to the President H.E. Teodoro Obiang Nguema Mbasogo and the Government will outline the next phase of its overall development strategy to succeed Horizon 2020
The government will share plans and progress on the adoption of the ease of business roadmap and establishment of the one stop shop for businesses and investors during CEN2019. Key successes to date include the initiation of a household survey of Equatoguineans and census of the private sector, as well as laying the groundwork for sectoral investments, notably in agriculture, tourism, maritime, shipping & logistics, finance and renewable energies.
Connecting Equatorial Guinea to Global Investors
Investment in modern infrastructure & new technologies
Economic development through innovation & non-oil diversification
Commitment to sustainability & good governance
Investment in education, health & capital