Equatorial Guinea, ConocoPhillips Sign HOA for Offshore Blocks, Unlocking $9B Investment Opportunity

Equatorial Guinea has signed a Heads of Agreement (HOA) with energy major ConocoPhillips for Blocks B/4 and EG-27 in a move set to unlock up to $9 billion in investments. The HOA outlines the terms for both blocks development and aims to reinforce...

Afriland First Bank Poised for Regional Expansion After Cobac Approval

(Business in Cameroon) - The Central African Banking Commission (Cobac), the banking regulator of the six-nation CEMAC zone (Cameroon, Congo, Gabon, Equatorial Guinea, CAR, and Chad), has issued its first authorizations to open new bank branches...

Gen Z Uprisings at Risk: Cyber Threats Exposed [Business Africa]

Generation Z and Cybersecurity: Protecting Digital Mobilizations As Africa’s youth, mostly from Generation Z, take to the streets in large numbers to demand political and economic reforms, their movements are increasingly organized and spread...

Europa Oil License in Equatorial Guinea Extended by a Year

Europa Oil & Gas (Holdings) PLC has received a 12-month extension to the initial two-year term of the EG-08 exploration block from Equatorial Guinea's hydrocarbons and mining development minister. The block spans 731 square kilometers (282.24...

NNFU President urges treating agriculture as economic pillar

The President of the Namibia National Farmers' Union wants agriculture to be treated as a strategic pillar for economic development, rather than as a social welfare project. Adolf Muremi was speaking at the Agri Outlook Conference, which is...

Europa Oil & Gas Eyes 2026 Drilling with PSC Extension in Equatorial Guinea

Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the...

INTERPOL bust reveals poverty driving Africa’s Cybercrime Crisis

The recent success of Operation Contender 3.0, spearheaded by INTERPOL and African police forces, secures a significant victory in the fight against transnational cybercrime. Operation Contender 3.0 was executed as part of the broader Operation...

Maghreb Trio Qualifies for FIFA World Cup for the First Time in History

For the first time in history, Morocco, Tunisia and Algeria will all be at the FIFA World Cup together. Morocco became the first African team to qualify for the 2026 World Cup with a 5–0 win over Niger on 5 September 2025, finishing their...

Istanbul to host 5th Turkish-Africa Economic Forum

The forum will be graced by the President of the Republic of Türkiye H.E. Recep Tayyip Erdoğan, Chairperson of the African Union and President of the Republic of Angola H.E. João Goncalves Lourenço, Minister of Trade of the Republic of Türkiye...

Captain Fanplastic Sets Sail in Equatorial Guinea for a New Partnership with UNICEF

Empowering Youth to Lead the Charge Against Plastic Pollution and Climate Change Cape Town, South Africa – September 2025 – Captain Fanplastic, the award-winning environmental education programme developed by Soapbox South Africa, is proud to...

Equatorial Guinea announces 2026 oil and gas licensing round 

Equatorial Guinea’s Hydrocarbons and Mining Development Minister, Antonio Oburu Ondo, has announced a new oil and gas licensing round for 2026, dubbed EGRonda 2026. EGRonda 2026 will open 24 blocks to global exploration and production (E&P)...

Equatorial Guinea: African Development Bank approves €73.27 million loan for youth employment and skills development

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €73.27 million loan to Equatorial Guinea for the first phase of the country’s Human Capital Development Project in Support of Economic and Social Inclusion...

Malawi’s new leader faces severe economic challenges

Peter Mutharika was sworn in for a second term as Malawi’s president after five years out of power, making him Africa’s second-oldest leader at the age of 85. Mutharika stepped down in 2020 after his victory was nullified over electoral fraud...

Equatorial Guinea, ConocoPhillips sign agreement for offshore blocks

Equatorial Guinea has signed a Heads of Agreement (HOA) with energy major ConocoPhillips for Blocks B/4 and EG-27 in a move set to unlock up to $9 billion in investments. The HOA outlines the terms for both blocks development and aims to reinforce...

Equatorial Guinea to open its 2026 oil and gas licensing round in April

The country, a member of the Organization of the Petroleum Exporting Countries, currently has six producing fields run by companies including Chevron, Trident Energy, ConocoPhillips and state-owned GEPetrol.

AfDB approves loan for Equatorial Guinea project, set to create 4,500 jobs

The African Development Bank (AfDB) has approved a €73.27 million loan to kickstart the first phase of Equatorial Guinea’s Human Capital Development Project (PARCH 1), aiming to tackle youth unemployment and strengthen workforce skills over five...

AfDB Approves €73.27 million Loan to Power Equatorial Guinea Youth Employment

The Board of Directors of the African Development Bank Group (AfDB) has approved a €73.27 million loan to Equatorial Guinea for the first phase of the country’s Human Capital Development Project in Support of Economic and Social Inclusion (PARCH...

AfDB approves €73.27m loan to boost youth employment, skills in Equatorial Guinea

The African Development Bank (AfDB) has approved a €73.27 million loan to Equatorial Guinea to finance the first phase of the country’s Human Capital Development Project in Support of Economic and Social Inclusion (PARCH 1). The five-year...

U.S. Government Issues Warning In Latest Advisory That Tourist Locations May Be Targeted During Travel To This Country

In recent days, the U.S. government has kept travel advisory warnings active. Among the most recent cautions issued this week were updates on one of the world's most luxurious vacation spots and a separate warning for an oil-rich country. Both of...

Equatorial Guinea to announce EG 2026 Licensing Round at AEW 2025

Equatorial Guinea will make its announcement regarding the EG 2026 Licensing Round during African Energy Week (AEW): Invest in African Energies, scheduled to take place from September 29 to October 3 in Cape Town. The announcement is set for...