Under the auspices of the Ministry of Mines and Hydrocarbons and led 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.
This will be achieved through showcasing several of the preeminent opportunities in Equatorial Guinea and Africa’s energy industry, including oil refineries, an ammonia plant, a gas import terminal 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.
In order to promote these opportunities several conferences and investment roadshows will take place throughout the year in Equatorial Guinea and globally. Investors from Africa, Europe, the US, Middle East and Asia will be invited to take part in activities throughout 2020.
What are its objectives?
- To attract new entrants to the natural resources sector of Equatorial Guinea, in oil & gas and mining.
- To promote projects and facilitate deal making to operators with investment appetite
- To encourage new and increased investment across the economy
- To create global awareness of the reality of doing business in the EG today
- To champion local employment and private sector growth through international partnerships
Why the Year of Investment?
- The official investment promotion initiative of the Government of Equatorial Guinea, under the auspices of the Ministry of Mines and Hydrocarbons.
- The best and biggest display of Equatorial Guinea’s complete oil and gas supply chain, from government to exploration and production to services and technology to banking and finance.
- The unrivaled platform for meeting the top policy, decision and deal makers in Equatorial Guinea’s oil and gas industry and key industrial sectors.
- The leading vehicle for promoting foreign direct investment in Equatorial Guinea’s oil and gas industry and originating new deals, led by African Energy Chamber.
- The most ambitious campaign to date to finalize deals and break ground on new projects in Equatorial Guinea.
Why Equatorial Guinea?
DEAL-DRIVEN: Whether it’s attracting new entrants to offshore exploration licenses or committing capital to major industrial projects, Equatorial Guinea is dedicated to working with foreign investors and doing deals.
RESOURCE RICH: Equatorial Guinea’s offshore drilling success is nearly double the international rate. When companies explore in Equatorial Guinea, they find oil and gas more commonly than everywhere else. The country also holds a huge wealth of mineral resources that are on showcase in 2020.
DIVERSE PROJECTS: The Ministry of Mines and Hydrocarbons has lined up several projects across the supply chain that are investment-ready and open for tender or direct negotiation – from modular refineries to an ammonia plant to a gold smelter and more opportunities spanning the value chain.
PARTNERSHIP-MINDED: With the cooperation of the African Energy Chamber and the involvement of major financial institutions such as the African Development Bank and the International Monetary Fund, the Government of Equatorial Guinea is focused on results in 2020.