AGP Executive Report
Last update: 8 hours agoRegional Diplomacy: As ECCAS chair, President Teodoro Obiang Nguema called for stronger cohesion and faster action on regional peace, trade and infrastructure during the bloc’s anniversary observances. Oil Policy: The government plans to approve a new hydrocarbon law offering more flexible contracts as production plunges to about 20,000 barrels a day, down from 140,000 in 2020. Economic Outlook: The IMF expects the economy to remain in contraction, shrinking 1.7% in 2026 and 1% in 2027. Public Health: Health teams are mapping a door-to-door campaign to distribute more than 500,000 mosquito nets across the mainland and Annobón; timing depends on national approval of the plans. International Dispute: France and Equatorial Guinea remain at odds over a luxury Paris mansion formerly owned by Vice President Teodorin Obiang, which French authorities are seeking to sell. Accountability: A Catholic bishop urged public officials to act honestly, warning that independence has not freed the country from corruption.
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