Tuesday, July 29, 2014

Equatorial Guinea To Host Economic Forum in Washington, D.C.

Forum will provide insight on country’s investment opportunities

The Ministry of Mines, Industry and Energy of the Republic of Equatorial Guinea will host an economic forum in partnership with the Corporate Council on Africa and Greenberg Traurig, LLP in Washington, D.C. on August 8, 2014.

The economic forum will provide insight on the country’s commercial activity, present investment opportunities, and introduce investment incentives to attendees. The panel will discuss the President’s Horizon 2020 development program, and the next steps towards reaching the objectives of PEGI 2020.

Equatorial Guinea will bring experts from several economic sectors to showcase the different opportunities that it has to offer, to accelerate economic transformation and maximize the country’s resources. Presentations and discussions from government representatives will serve as an opportunity to showcase government’s commitment to fostering an enabling environment for foreign investment from the United States.

President Obiang Nguema Mbasogo will address the forum and welcome business leaders, investors, as well as political leaders from the United States and Africa, who will be in the capital for the U.S.-Africa Leaders Summit hosted by President Barack Obama on August 4-6.

The Equatorial Guinea delegation will hold three sessions during the economic forum: 1) international cooperation, where Agapito Mba Mokuy, Minister of Foreign Affairs and International Cooperation, will address the audience and discuss the partnership between the United States and Equatorial Guinea; 2) planning of resources as a key factor for social development, where guests will learn about the country’s strategic Horizon 2020 development plan, health system and other institutions; and 3) diversification, an opportunity for partnership aimed at sharing information about the country’s business environment and investment opportunities in the agriculture and forestry sector.

The impact of social programs executed in partnership with U.S. corporations will be discussed at the forum, including the Marathon Oil-led Bioko Island Malaria Control Project, Hess Corporation’s Program for Educational Development of Equatorial Guinea, and Exxon Mobil’s Bioko Biodiversity Protection Program.

To learn more about the economic forum, please visit http://www.egindc.com/