Business in Equatorial Guinea, Malabo

The objectives of the subject “Foreign Trade and Business in the Republic of Equatorial Guinea” are the following:

1. To analyse the Equatoguinean Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in Equatorial Guinea
3. To explore the Equatoguinean trade relations with the country of the student
4. To know the Equatoguinean trade agreements
5. To develop a business plan for the Equatoguinean Market

Preferential trade agreements of Equatorial Guinea

1. Equatorial Guinea and the Central African Economic Area
2. Central African Economic and Monetary Community (CEMAC)
3. Economic Community of Central African States (ECCAS)
4. African Continental Free-Trade Area (AfCFTA)
5. European Union:
   1. Generalised System of Preferences (GSP)
   2. Africa-European Union Strategic Partnership (Cotonou Agreement)
6. African Growth and Opportunity Act (AGOA United States)

Trade Facilitation Programs

1. World Trade Organisation (WTO) (in process of accession)
2. Arab Bank for Economic Development in Africa (BADEA)
3. Organisation for the Harmonisation of Business Law in Africa (OHADA)
4. Is not a member of the World Customs Organisation (WCO)
   1. Revised Kyoto Convention (RKC)

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption (not signed)
3. African Development Bank (AfDB)
4. African Union Development Agency (AUDA-NEPAD)
5. Forum on China-Africa Cooperation
6. Africa-India Framework for Cooperation
7. Africa-BRICS (Brazil, Russia, India, China, South Africa)
8. Africa-Turkey Partnership
9. Afro-Arab Cooperation
10. Arab Bank for Economic Development in Africa (BADEA)
11. Africa-Asia Strategic Partnership (NAASP)
12. Africa-Korea Partnership
13. Africa-Japan Cooperation (TICAD)
14. Africa-South America Summit (ASA)

Global Organisations

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)
2. World Bank (WB)
3. World Trade Organisation (WTO)
4. International Monetary Fund (IMF)
5. World Customs Organisation (WCO)
6. Organisation International of the Francophonie
7. Community of Portuguese Speaking Countries (CPLP)

Equatorial Guinea returned to the Francophonie (OIF) in 1988.

Equatorial Guinea

1. The official languages of Equatorial Guinea are Spanish, Portuguese and French
2. Equatorial Guinea (Africa) has a population of 1.1 million people
   1. Bantu
3. Equatoguinean Capital: Malabo
4. The second-largest city of Equatorial Guinea is Bata
5. The borders of Equatorial Guinea are Cameroon and Gabon
6. 70% of the Equatoguinean population falls below the poverty line
7. Equatoguinean Independence: 1968 (Spain)
8. Area of Equatorial Guinea: 28,051 square kilometres
9. Presidential Republic

More information about Equatorial Guinea (EENI African Portal).

Religions in Equatorial Guinea:

1. Christianity (Catholicism)
2. African Traditional Religions

Equatorial Guinea belongs to the Central African Economic Area (African Civilisation)

Economy of Equatorial Guinea.

1. Equatorial Guinea is a member of the Economic Community of Central African States (economic integration area of 124 million consumers),
2. Equatorial Guinea is one of the fastest growing markets (petrol sector)
3. Equatorial Guinea is the third largest oil producer in sub-Saharan Africa
4. Huge petroleum reserve
5. Economic recession in 2013 (-1.4% of the GDP). -8,5% in 2015.
6. Equatoguinean inflation: 5.8%
7. Equatoguinean currency: CFA Franc (since 1985)
8. Equatorial Guinea has the highest per capita investment in health in Africa
9. Top trading partners of Equatorial Guinea are the United States, China, Spain, Italy, and France
10. Equatoguinean emerging sector: construction and real estate
11. + 800 construction projects
12. Equatoguinean top exports: petrol and gas, timber, and cocoa
13. Horizon 2020 Development Plan
14. Bata-Mbini Bridge: The longest African bridge