Government Shake-Up: Equatorial Guinea’s entire cabinet resigned after reportedly delivering only about 10% of set targets, with Vice-President Teodoro Nguema Obiang Mangue citing poor execution, corruption, delays in development projects, and weak economic diversification. Business Costs: In CEMAC, the cost of borrowing is rising: BEAC data shows average lending rates climbed to 12.38% in Q1 2026 (from 9.96% a year earlier), with Equatorial Guinea also seeing rates jump from 15.64% to 17.44%, squeezing credit for households and firms. Energy & Finance: Kosmos Energy completed the $127m sale of its Ceiba Field and Okume Complex assets in offshore Block G to Panoro Energy, with potential contingent payments up to about $40m; Kosmos says proceeds will repay borrowings under its reserves-based lending facility. Regional Trade Links: Zimbabwe and Equatorial Guinea signed four MoUs covering education, economic and trade cooperation, interpreter training, and joint commission rules, aiming to boost investment and tourism. Exploration Push: TGS agreed a MegaSurvey plan to harmonise offshore seismic data for Equatorial Guinea’s Rio del Rey and Rio Muni basins, targeting large-scale reprocessing through 2026 to support exploration risk reduction. Diplomatic Outreach: Egypt’s President El-Sisi sent congratulations to Equatorial Guinea on National Day, highlighting cooperation in energy, infrastructure, and development.