Tuesday, March 1, 2016

Minister of Economy, Planning and Public Investment Gives Keynote Speech at the 19th Annual Wall Street Economic Forum

Equatorial Guinea’s Minister of Economy, Planning and Public Investment Bakale Angue delivered the keynote speech at the 19th Annual Wall Street Economic Forum in New York.

Minister Bakale led a Delegation that also featured H.E. Cesar Augusto Mba Abogo, Secretary of State for the Implementation of Plan Horizon 2020, and Equatorial Guinea’s Ambassador to the USA, H.E. Miguel N. Evuna Andeme.

In his speech, Minister Bakale presented Equatorial Guinea as a country that is ready to become a hub for all type of business in the sub-region.

“Investing in Equatorial Guinea is investing in the whole Central African region; the most secure port of entry for American businesses.”

Having completed the first part of the Horizon 2020 Plan, consisting of the establishment of economic infrastructure across the country, Equatorial Guinea is now ready to diversify its economy, which has been overly dependent on the oil sector for the last 20 years, by attracting American investors.

“We believe that the mutually beneficial experience that Equatorial Guinea has had with the American oil companies operating in the country can be applied to other sectors, from finance, to IT, to Tourism,” said the Minister.

Minister Bakale was personally invited by the Reverend Jesse Jackson and the Rainbow-Push Coalition to lead the panel discussing investment opportunities in Africa.

To learn more about the event, visit the Economic Forum website.