Business in Equatorial Guinea

EENI- School of International Business

Subject (Course): International Trade and Doing Business in the Republic of Equatorial Guinea. Malabo.

Syllabus:

1. Introduction to the Republic of Equatorial Guinea (Central Africa).
2. Doing Business in Malabo and Bata.
3. The Economy of Equatorial Guinea.
4. Petrol sector
5. Infrastructures
6. International Trade of Equatorial Guinea
7. Ports of Equatorial Guinea: Malabo, Bata, and Luba Freeport
8. Business and Investment Opportunities in Equatorial Guinea
   - Agriculture sector
   - Tourism
   - Financial sector
   - Petrol sector
   - Shipping industry
9. Introduction to Spanish, French, and Portuguese
10. Access to the Equatoguinean Market
11. Business Plan for Equatorial Guinea

Objectives of the subject “Foreign Trade and Doing Business in the Republic of Equatorial Guinea”:

1. To analyse the Equatoguinean economy and foreign trade
2. To evaluate business opportunities in Equatorial Guinea
3. To explore Equatorial Guinea's trade relations with the student's country
4. To know Equatorial Guinea's free trade agreements
5. To develop a business plan for the Equatoguinean Market

Sample of the subject - Foreign Trade and Doing Business in Equatorial Guinea:

Subject Description: International Trade and Business in Equatorial Guinea:

The Republic of Equatorial Guinea:

Equatorial Guinea: the richest per capita African country.

One of the fastest African growing economies (petrol sector).

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

The main religion in Equatorial Guinea: Christianity (Catholicism).

Equatorial Guinea belongs to the Central African Economic Area of the African Civilisation.

The economy of Equatorial Guinea.

Equatorial Guinea membership of the Economic Community of Central African States (economic integration area of 124 million consumers), is a chance in the context of the valuation of important fisheries, resources, mining, and logging available to Equatorial Guinea.

1. One of the fastest growing markets (petrol sector)
2. Huge petroleum reserve
3. Economic recession in 2013 (-1.4% of GDP). Estimated -8,5% in 2015.
4. The inflation: 5.8%
5. Equatoguinean currency: CFA Franc
6. The highest investment per capita in health in Africa
7. Top trading partners: the United States, China, Spain, Italy, and France
8. Equatoguinean emerging sector: construction and real estate.
9. + 800 construction projects
10. Equatoguinean top exports: petrol and gas, timber, and cocoa
11. Horizon 2020 development plan
12. Bata-Mbini Bridge: the longest African bridge

Equatorial Guinea's Preferential trade agreements:

1. Economic and Monetary Community of Central Africa (CEMAC)
2. Economic Community of Central African States (ECCAS)
3. The European Union-Generalised System of Preferences (GSP)
4. Cotonou Agreement
5. African Growth and Opportunity Act (AGOA United States)

Equatorial Guinea is a member of:

1. Organisation for the Harmonisation of Business Law in Africa (OHADA)
2. Forum on Sino-African Cooperation
3. Africa (Equatorial Guinea)-India
4. Africa (Equatorial Guinea)-Japan
5. Africa (Equatorial Guinea)-Asia Strategic Partnership
6. African Development Bank
7. Economic Commission for Africa (ECA)
8. New Partnership for Africa's Development (NEPAD)
9. Afro-Arab cooperation
10. Arab Bank for Economic Development in Africa (BADEA)
11. African Union (AU) - Convention on Preventing and Combating Corruption
12. Organisation International of the Francophonie
13. Community of Portuguese Language countries (observer country)
14. Africa (Guinea) - BRICS
15. Summit Africa (Guinea) - South America
16. International Monetary Fund (IMF)
17. United Nations (UN)
18. World Trade Organisation (WTO)
19. World Bank (WB)
20. World Customs Organisation

Equatorial Guinea returned to the Francophonie (OIF) in 1988. Equatorial Guinea is tucked into the Franc zone (CFA Franc) in 1985.