AGP Executive Report
Last update: an hour agoRegional Maritime Policy: Equatorial Guinea is among nine Gulf of Guinea states covered by a planned regional blue-economy policy, with Nigeria appointed to lead its development. The framework aims to improve maritime security and ocean governance. ECCAS Leadership: President Teodoro Obiang called for stronger regional cohesion and faster integration. Equatorial Guinea’s Regional Integration Minister Rosario Mbasogo Kung Nguidang also led ECCAS officials to Brazzaville to report on their work and seek guidance on trade, infrastructure and economic cooperation. Oil and Gas: Equatorial Guinea has rewritten its oil law as production faces a steep decline. Separately, the government extended exploration rights for the EG-08 offshore block by a year, while state oil company GEPetrol retains a 20% stake. Rights and Connectivity: Access Now reports years-long internet shutdowns affecting Annobón, highlighting continued concerns about access to communications. Economic Outlook: The IMF expects Equatorial Guinea’s economy to keep contracting, with GDP forecast to fall 1.7% in 2026 and 1% in 2027.
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