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Equatorial Guinea

Petrobras looks for further acquisitions in Africa

After an initial investment in São Tomé and Principe, the Brazilian major is planning to take on the role of operator for two offshore blocks in the Gulf of Guinea. And it's not likely to stop there.

Subscribers only Energy 13.02.2024

Teodorin Obiang offers Zafiro and Fortuna fields to ENI

Equatorial Guinean Vice-President Teodorin Obiang Nguema has proposed to ENI that the Italian firm take over the management of the Zafiro offshore oil field and of the Fortuna gas field.

Subscribers only Energy 08.02.2024

Lisbon seeks to thaw diplomatic relations with Malabo

Portuguese president Marcelo Rebelo de Sousa. © Carlos M. Almeida/EPA/MaxPPP

Subscribers only Diplomacy 25.01.2024

Equatorial Guinean vice-president Teodorin Obiang Nguema in Ankara, Turkey, in June 2023. © Muhammed Abdullah Kurtar/Anadolu via AFP

Teodorin puts finishing touches to ExxonMobil's departure

The US major is selling off all its assets to the Equatorial Guinean government, which is in the process of selecting its future oil partners.

Subscribers only Energy 15.12.2023

Transitional President of Gabon General Brice Clotaire Oligui Nguema, at COP28 in Dubai on 1 December 2023. © Ludovic MARIN / AFP

Spotlight
Obiang tussles with Oligui Nguema over relocation of ECCAS HQ

The move to Malabo, initially scheduled for December and January, is causing a stir within the sub-regional body. The president of Equatorial Guinea, Teodoro Obiang Nguema is keen to host the bloc's headquarters, much to the displeasure of his transitional counterpart in Gabon, Brice Clotaire Oligui Nguema.

Subscribers only Diplomacy 13.12.2023

Russia's Vladimir Putin speaks with Equatorial Guinea's Teodoro Obiang Nguema in Moscow, Russia, 2 November 2023. © Grigory Sysoev/Sputnik/Kremlin Pool/EPA-EFE

First Lady influences Teodoro Obiang Nguema's Moscow trip

The president of Equatorial Guinea travelled to the Russian capital earlier this month with a host of high-ranking dignitaries who are close to his wife Constancia Mangue Nsue Okomo.

Subscribers only Diplomacy 20.11.2023

Lukashenko selects intriguing team for his African tour

On his visit to Equatorial Guinea and then Kenya, the Belarusian leader was accompanied by certain figures without an obvious connection to the stated goal of his trip, namely agriculture and healthcare.

Subscribers only Diplomacy 15.12.2023

Cypriot creditor sets sights on Malabo's Parisian real estate

A French court has confirmed the seizure of three buildings belonging to Equatorial Guinea on behalf of Chantway Trading. The property targeted by the Cyprus-based company owned by a Russian businesswoman, includes 42 Avenue Foch, which houses the Equatorial Guinean embassy.

Subscribers only Business 13.12.2023

Indian bank Blend Finance's big CEMAC promise

The Dubai-based Indian bank has pledged to raise €5.6bn from Emirati financial institutions in support of the Economic and Monetary Community of Central Africa, while multilateral donors remain reserved.

Subscribers only Business, Diplomacy 06.12.2023

State creditor loses bid to seize proceeds of Parisian townhouse sale

Commercial Bank Guinea Ecuatorial had hoped to recover a 16-year-old debt upon the court-ordered sale of a building housing Equatorial Guinea's embassy in the French capital. But judges have other plans for the money.

Subscribers only Finance 17.11.2023

Vivendi seeks new business from Lagos to Kampala

Having established a foothold in French-speaking and central Africa, the French company's African branch, which is a specialist internet service provider, is looking to break into new markets in English-speaking countries.

Subscribers only Infrastructure 02.11.2023

Africa Oil's plan to sell some of its assets as quickly as possible

The new boss of Canadian junior Africa Oil, Roger Tucker, has appointed bankers to dispose of a significant share of the company's Equatorial Guinean offshore assets.

Subscribers only Energy 03.10.2023

TLS Contact wins new visa application contracts in Central Africa

On 2 October, French firm TLS Contact will begin handling requests for French visas that have been filed in Brazzaville and Pointe-Noire, Republic of Congo, Franceville, Gabon, and Douala and Yaoundé, Cameroon.

Subscribers only Business 25.09.2023

Golar LNG lobbies VP Teodorin over Fortuna FLNG

Golar LNG hasn't given up on Equatorial Guinea and has its sight set on the offshore Fortuna gas field. The firm has called on a powerful lobbyist to get closer to Vice-President Teodoro Nguema Obiang Mangue.

Subscribers only Energy 21.09.2023

Perenco appoints new head of African affairs

Le pétrolier Perenco a promu l'un de ses cadres, Jean-Noël Bouassi-Bouassi, au poste tout nouvellement créé de “coordonnateur général des affaires africaines”.

Subscribers only Energy 19.07.2023

Ali Bongo urges ECCAS colleagues to pay their subscription arrears

At the ECCAS summit on 1 July, current chairman Ali Bongo raised the delicate question of member states' subscription arrears.

Subscribers only Diplomacy 18.07.2023

Finance ministry accuses Ruslan Obiang of corruption in Ceiba affair

Ruslan Obiang, one of the president's sons, has been referred to the attorney general in connection with the sale of an aircraft belonging to the national airline, Ceiba. The shadow of his half-brother Teodorin Obiang looms large over the affair.

Subscribers only Politics 12.07.2023

Teodorin Obiang ordered to pay €1.8m to French taxman

The Paris court of appeal has upheld a ruling over unpaid taxes against the Equatorial-Guinean vice president, whom the French tax authorities have accused of undervaluing a prestigious property in the French capital that has since been seized as part of the ill-gotten gains affair.

Free access Politics 30.06.2023

World Bank's Africa head strengthens his team

World Bank VP Ousmane Diagana has hired French technical cooperation agency Expertise France's deputy CEO Rima Le Coguic. She is expected to join the institution's West and Central Africa division over the next few weeks.

Subscribers only Finance 20.06.2023

Washington sides with ExxonMobil and Chevron over BEAC foreign currency rules

Washington has stepped up its efforts to prevent US oil companies from being obliged to repatriate their rehabilitation funds to the CEMAC zone.

Subscribers only Finance, Energy 18.05.2023

UN sea court to rule on dispute between Marshall Islands and Equatorial Guinea

The Pacific Ocean country says Malabo's months-long seizure of a BP-chartered ship bearing its flag violated the UN Convention on the Law of the Sea. For Malabo, the fault lies with Nigeria.

Subscribers only Defence 10.05.2023

CEMAC weakened by hiatus at top of commission

The executive organ of the Central African bloc is being lead ad interim by Gabon's Daniel Ona Ondo, even though Baltasar Engonga Edjo of Equatorial Guinea was appointed to the post over a month ago.

Subscribers only Finance, Diplomacy 01.05.2023

Kinshasa looks to review terms of engagement of EAC regional force

Following the expiry of the original agreement governing the deployment of the East African Community force in eastern DRC, the Congolese government, unhappy with its performance so far, is hoping to remove the ambiguities of its mandate.

Subscribers only Diplomacy 28.04.2023

Soldiers of the East African Community (EAC) regional force in the Democratic Republic of Congo.

Kinshasa awaiting $400m World Bank disbursement for road works

The World Bank is delaying its disbursement of some $400m for major road works projects in the DR Congo until Kinshasa files a "resettlement action plan" for the population that the construction works will impact.

Subscribers only Infrastructure, Finance 26.04.2023

Schlumberger and Subsea 7 welcome oil ministry local content change

Responsible for the tightening of local content rules at Equatorial Guinea's hydrocarbons ministry, the director general in charge of this portfolio since 2018, Jacinto Nguema Owono, has just been replaced following a change of minister

Subscribers only Energy 24.04.2023

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Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

Senegal
Paris and Dakar mull defence relations

Equatorial Guinea

Petrobras looks for further acquisitions in Africa

Teodorin Obiang offers Zafiro and Fortuna fields to ENI

Lisbon seeks to thaw diplomatic relations with Malabo

Teodorin puts finishing touches to ExxonMobil's departure

Spotlight
Obiang tussles with Oligui Nguema over relocation of ECCAS HQ

First Lady influences Teodoro Obiang Nguema's Moscow trip

Lukashenko selects intriguing team for his African tour

Cypriot creditor sets sights on Malabo's Parisian real estate

Indian bank Blend Finance's big CEMAC promise

State creditor loses bid to seize proceeds of Parisian townhouse sale

Vivendi seeks new business from Lagos to Kampala

Africa Oil's plan to sell some of its assets as quickly as possible

TLS Contact wins new visa application contracts in Central Africa

Golar LNG lobbies VP Teodorin over Fortuna FLNG

Perenco appoints new head of African affairs

Ali Bongo urges ECCAS colleagues to pay their subscription arrears

Finance ministry accuses Ruslan Obiang of corruption in Ceiba affair

Teodorin Obiang ordered to pay €1.8m to French taxman

World Bank's Africa head strengthens his team

Washington sides with ExxonMobil and Chevron over BEAC foreign currency rules

UN sea court to rule on dispute between Marshall Islands and Equatorial Guinea

CEMAC weakened by hiatus at top of commission

Kinshasa looks to review terms of engagement of EAC regional force

Kinshasa awaiting $400m World Bank disbursement for road works

Schlumberger and Subsea 7 welcome oil ministry local content change

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Cameroon, Central African Republic Between business and politics, the secrets of Antoine Ndzengue's rise

Senegal Paris and Dakar mull defence relations

Cabo Delgado: a gas Eldorado and security nightmare

West African cocoa cartel battles with the traders

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Equatorial Guinea

Petrobras looks for further acquisitions in Africa

Teodorin Obiang offers Zafiro and Fortuna fields to ENI

Lisbon seeks to thaw diplomatic relations with Malabo

Teodorin puts finishing touches to ExxonMobil's departure

Spotlight Obiang tussles with Oligui Nguema over relocation of ECCAS HQ

First Lady influences Teodoro Obiang Nguema's Moscow trip

Lukashenko selects intriguing team for his African tour

Cypriot creditor sets sights on Malabo's Parisian real estate

Indian bank Blend Finance's big CEMAC promise

State creditor loses bid to seize proceeds of Parisian townhouse sale

Vivendi seeks new business from Lagos to Kampala

Africa Oil's plan to sell some of its assets as quickly as possible

TLS Contact wins new visa application contracts in Central Africa

Golar LNG lobbies VP Teodorin over Fortuna FLNG

Perenco appoints new head of African affairs

Ali Bongo urges ECCAS colleagues to pay their subscription arrears

Finance ministry accuses Ruslan Obiang of corruption in Ceiba affair

Teodorin Obiang ordered to pay €1.8m to French taxman

World Bank's Africa head strengthens his team

Washington sides with ExxonMobil and Chevron over BEAC foreign currency rules

UN sea court to rule on dispute between Marshall Islands and Equatorial Guinea

CEMAC weakened by hiatus at top of commission

Kinshasa looks to review terms of engagement of EAC regional force

Kinshasa awaiting $400m World Bank disbursement for road works

Schlumberger and Subsea 7 welcome oil ministry local content change

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

Senegal
Paris and Dakar mull defence relations

Spotlight
Obiang tussles with Oligui Nguema over relocation of ECCAS HQ