Africa > Central Africa > Equatorial guinea > Banking / Investment

Banking / Investment in Equatorial guinea

  • Africa's last international banks make their stand

    BOTSWANA, 2017/10/31 On June 1, 2017, Barclays sold a 33.7% stake in its African business, Barclays Africa Group Limited (BAGL). The transaction reduced the UK lender’s stake in its African offshoot to 14.9% and permitted, in accounting terms, the deconsolidation of BAGL from its parent. Additional symbolically, it brought to an end Barclays’ operations on the continent next additional than 100 years. The rise of Africa’s home-grown financial players has led most international lenders to withdraw from the continent. However, Société Générale and Standard Chartered are not only staying put but marking territory for digital expansion. James King reports.
  • Why governments need to support the financial sector to meet the unserved needs of smallholder farmers

    BOTSWANA, 2017/09/09 This year, under the leadership of H.E. President Alassane Ouattara and the theme of “Accelerating Africa’s Path to Prosperity: Growing Inclusive Economies and Jobs through Agriculture”, the African Green Revolution Forum (AGRF) 2017 is shaping up as a premier platform to showcase ongoing evolution in Africa’s agricultural transformation schedule and to scale up the political, policy, and financial commitments needed to achieve the Malabo Declaration and the world development schedule around the Sustainable Development Goals (SDGs). Following the launch of the landmark annual Africa Agriculture Status Statement (ASSR) at the AGRF taking place in Cote d’Ivoire from 4-8 September 2017, the major conclusion centres around the power of entrepreneurs and the free market in driving Africa’s economic increase from food production. This is owing to the fact that a lot of businesses are waking up to opportunities of a rapidly growing food market in Africa that may be worth additional than $1 trillion each year by 2030 to substitute imports with high price food made in Africa.
  • President Teodoro Obiang Nguema Mbasogo

    EQUATORIAL GUINEA, 2012/12/08 Equatorial Guinea President, Teodoro Obiang Nguema Mbasogo, in speech this afternoon before the Fortune/Time/CNN World Forum in Cape Town, announced a five-point comprehensive reform and transparency programme that he described as an historic “turning the page” in the history of his country.
  • Equatorial Guinea: top investment destination

    EQUATORIAL GUINEA, 2012/07/26 Supporting its initiatives to grow foreign investment in the country, Equatorial Guinea has highlighted the fact that it has been listed as a top destination for foreign private investment in Africa. The government of Equatorial Guinea announced today that the statement African Economic Outlook, by the Organization for Economic Cooperation and Development, indicates that Equatorial Guinea has of the highest Gross Domestic Product (GDP) per capita rates in the continent, and has become of the major producers of oil in sub-Saharan Africa.