Tuesday, June 26, 2018

Equatorial Guinea Outlines Investment Opportunities in Energy Sector at Africa Energy Forum

The Republic of Equatorial Guinea, through its Secretary of State for Industry and Energy and Director General for Energy, discussed investment opportunities in the country’s energy sector at the Africa Energy Forum.

The Forum brought together high-level government officials, members of the private sector, and energy experts to discuss innovation and investment in African energy.

Equatorial Guinea highlighted its decades of experience collaborating with the private sector to drive its energy sector and the development of the country’s electricity infrastructure.

Equatorial Guinea met with the Vice Prime Minister of the Republic of Mauritius, Ivan Collendavelloo, on the sidelines of the Forum to discuss the future of African energy and areas of mutual cooperation.

Equatorial Guinea has a strong energy industry, and recently developed new investment opportunities at the Africa Oil & Power (AOP) Conference, in addition to new partnerships with Cameroon.

Equatorial Guinea also recently joined the Organization of the Petroleum Exporting Countries (OPEC) and is Sub-Saharan Africa’s third-largest oil and gas producer.

In 2017, Equatorial Guinea invested its resources in key infrastructure works to spur the country’s economy, including a new headquarters for Exxon Mobil.