AGP Executive Report
Last update: 8 hours agoEquatorial Guinea Cabinet Shake-Up: Equatorial Guinea’s entire cabinet resigned after a performance review found the government met only about 10% of its targets, with Vice President Teodoro Nguema Obiang Mangue citing stalled delivery amid corruption concerns and economic strain. Prime Minister Reappointment: President Teodoro Obiang Nguema Mbasogo then reappointed Manuel Osa Nsue Nsua as prime minister and moved toward forming a new, smaller cabinet with fewer ministries. Oil & Gas Deal Timing: Europa Oil & Gas extended the farm-out completion deadline for its EG-08 offshore stake to July 31, 2026, pending final regulatory approval in China. Regional Trade Push: AfCFTA Secretary-General Wamkele Mene concluded an implementation partnership visit to Gabon, meeting President Brice Oligui Nguema and officials to speed up trade-facilitation and private-sector access to the single market. Reparatory Justice Diplomacy: Ghana hosted the Next Steps conference on reparatory justice, with leaders backing a 19-point plan calling for apologies, a global reparations fund, debt relief, restitution of cultural property, and legal pathways for redress; President Mahama also announced three global panels to drive the next phase.
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