Trade and Business in Equatorial Guinea

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

1. To analyze the Equatoguinean Economy and International Trade;
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.

The Subject “Foreign Trade and Business in Equatorial Guinea” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): African Business, World Trade.

Masters (MIB): Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport.

Professional Certificate: Business in Central Africa.

Learning materials in or Guinée Équatoriale Guinea Ecuatorial Guinea Ecuatorial.

1. Credits of the subject “Foreign Trade and Business in Equatorial Guinea”: 1 ;
2. Duration: one week.

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

African Trade and Economic Organizations:

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 Organizations:

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

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

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 kilometers;
9. Presidential Republic.

More information about Equatorial Guinea (EENI African Business Portal).

Religions in Equatorial Guinea:

1. Christianity (Catholicism);
2. African Traditional Religions.

Equatorial Guinea belongs to the Central African Economic Area (African Civilization).

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.

(c) EENI Global Business School (1995-2022)
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