Equatorial Guinea launches ‘Year of Investment 2020’ campaign

MALABO, EQUATORIAL GUINEA - Under the auspices of the Ministry of Mines and Hydrocarbons and supported by the African Energy Chamber, “Equatorial Guinea 2020 Year of Investment” is aimed at attracting foreign direct investment into key industries in Equatorial Guinea that will diversify the country’s economy, boost entrepreneurship, generate profit for investors and create jobs.

The campaign will showcase several of the preeminent opportunities in Equatorial Guinea and Africa’s energy industry, including modular oil refineries, an ammonia plant, a gold smelter and other projects spanning the energy value chain. Over the course of 2020, the Government plans to sign several new deals and break ground on game-changing projects.

Said H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons: “We have made clear that following the success of the ‘Year of Energy 2019,’ next year will be entirely dedicated to securing funding for investment-ready industrial projects. There is already huge excitement for these opportunities. Equatorial Guinea is ready to make deals and make 2020 a historic year of investment.”

In order to promote these opportunities several conferences and investment roadshows will take place throughout the year in and out of Equatorial Guinea. Underpinning the campaign are three national conferences, including the Africa Oil & Investment Forum & Exhibition (April 1-3, 2020), the second annual Oil & Gas Meeting Day (June 2020) and the Economic Forum (November 25-26, 2020).