Equatorial Guinea

South Korea Increases Investment In Equatorial Guinea

SEOUL – Equatorial Guinea’s President Obiang Nguema Mbasogo, on his first trip to Korea since the two allies formed diplomatic ties three decades ago, has met with Korea’s President Lee Myung-bak during a bilateral summit in Seoul, Korea. President Obiang said the agreements reached at the meetings in Korea will be of great benefit–technologically and economically–to both nations. President Lee mentioned his expectation for Korean investments to move forward in Equatorial Guinea, while President Obiang asked Korean businesses to take advantage of the country’s vast opportunities in natural resources, including oil, gas and agriculture. Equatorial Guinea’s Minister of Agriculture and... Continue Reading

Publish Date: Monday, August 16th 2010 | Read Comments

Equatorial Guinea Connects To The Future With New Telecoms

MALABO – Equatorial Guinea’s Ministry of Transport, Technology, Posts and Telecommunications is working to deploy advanced telecommunications services, including phone and Internet, throughout the entire country as part of the goals set forth by the government in the Horizon 2020 plan. Various projects are already underway, including the deployment of a fiber optic submarine cable between the mainland and island region, as well as the development of a backbone network for the entire nation. “There is a network that connects all the provinces today…but we are making major investments to further develop the transmission and to improve service,” said Vicente... Continue Reading

Publish Date: Monday, August 2nd 2010 | Read Comments

Equatorial Guinea Advances Social Sector Development

By Shout-Africa – MALABO, Equatorial Guinea –  In his address to the 2010 TIME/Fortune/CNN Global Forum, Equatorial Guinea President Teodoro Obiang Nguema Mbasogo committed to investing in the country’s various social development programs and vowing to enhance the existing Social Development Fund that uses oil resources for the benefit of the people of Equatorial Guinea. “Through this Fund, we are investing in our children, our schools, our teachers, health care, tourism, housing, potable water supply, road infrastructure, telecommunications, development of natural sciences, job creation and development of democratic institutions. In short, we are increasing investment in our most valuable resource:... Continue Reading

Publish Date: Thursday, July 1st 2010 | Read Comments

Equatorial Guinea Strengthens Health Services

Shout-Africa News – MALABO, Equatorial Guinea,  — The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial, along with the United Nations Population Fund (UNFPA), is working to strengthen and equip health facilities throughout the country to boost access to reproductive health services. The rebuilding process includes the construction and renovation of health centers and maternity units as well as proper training for medical students. “As part of our partnerships with the international community, we are sending our medical students to countries like Mali to study obstetrics, and to other countries, like Germany, Spain and Cuba to receive advanced medical training,”... Continue Reading

Publish Date: Sunday, June 20th 2010 | Read Comments

UNESCO for Sale

By Tutu Alicante –COLUMBUS, OHIO – In a better world, my nieces and nephews in Equatorial Guinea would respect our country’s president for overseeing the careful management of revenues pouring in from oil, and for using these funds for development. In a better world, my nieces and nephews would honor the United Nations’ main cultural institution, UNESCO, for insisting on improving the education and health of Africa’s children. But in the world as we know it, relatively few people love and respect President Teodoro Obiang. His biggest fans might include the high-living members of his family, along with selected business... Continue Reading

Publish Date: Sunday, June 13th 2010 | Read Comments