Eq Guinea

Assessing the vulnerability of national food security to international food price shocks: a new index

Recent spikes in staple food prices resulting from the invasion of Ukraine have once again highlighted the difficulty faced by low-income countries that rely on imports for a substantial portion of their food supply. To better understand which countries are most affected by higher world food prices, we propose a …

Equatorial Guinea economic update: reforming fossil fuel subsidies

This is the first edition of the Economic Update for Equatorial Guinea. This report presents recent economic developments in Equatorial Guinea as well as the medium-term economic outlook and risks (Chapter 1), followed by a detailed exploration of a specific topic (Chapter 2). This edition focuses on fuel subsidies and …

The financial cost of natural disasters around the world

A new report on natural disasters over the past 20 years by the United Nations Office for Disaster Risk Reduction suggests Africa is not the continent when it comes to natural disasters wreaking havoc on people and the environment. the report measured the economic impact of these disasters in relation …

EU states broke law by allowing fishing off Gambia, Equatorial Guinea: watchdog

ABIDJAN (Reuters) - Portugal, Spain, Greece and Italy broke European Union law by authorizing vessels to fish in the territorial waters off Gambia and Equatorial Guinea, according to the findings of conservation group Oceana published on Tuesday. Fishing vessels from Europe and Asia are drawn to West Africa, particularly for …

Ghana signs MOU with Equatorial Guinea towards agricultural development

The two countries have agreed to exchange ideas as well as resources in agro processing Ghana Government and her Equatorial Guinean counterpart have signed a Memorandum of Understanding (MOU) to help facilitate growth and development of agriculture in their respective countries. The two countries have agreed to exchange ideas and …

Equatorial Guinea demands €73m from Total over fraudulent fuel sale

Equatorial Guinea is demanding 48 billion CFA francs (73 million euros) payment from Total. The Cnetral African country is accusing the French oil giants of fraud, the AFP news agency reports. According to Finance Minister, Miguel Egonga Obiang, Total’s fraudulent dealings for which they are seeking the damages occurred with …

Equatorial Guinea government moves to new city in rainforest

The government of Equatorial Guinea has moved its headquarters from the coastal capital of Malabo to an unfinished city deep in the rainforest. President Teodoro Obiang Nguema aims to use the country's oil wealth to make Djibloho a "city of the future". Security, and safety from any attempt to overthrow …

Monkey Hunting Could Drive These Species Extinct

It’s hard to ignore a red colobus monkey in the forests of Equatorial Guinea’s Bioko Island, off the coast of Cameroon. The shaggy, orange-and-maroon-hued primates bark and squawk like barnyard animals. Top notch communications skills, perhaps, but their noise-making has also played a role in their endangered status. That’s because …

Central African nations launch joint initiative to tackle poaching

Central African countries have launched an ambitious coordinated plan to combat poaching in the region, in the face of escalating wildlife crime and accompanying violence. The $14m initiative, which includes cooperation between law enforcement agencies, joint country patrols around border areas, ramping up of investigations, use of informants, prosecutions and …

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