AGP Executive Report
Last update: 4 minutes agoGovernment Shake-Up in Malabo: Equatorial Guinea’s entire cabinet has resigned after a performance review found it delivered “barely 10%” of its targets, with Vice President Teodoro Nguema Obiang Mangue citing corruption, delays in development projects, and weak economic diversification; Prime Minister Manuel Osa Nsue Nsua submitted the resignation, and a new cabinet is expected soon under President Teodoro Obiang Nguema Mbasogo. Oil & Gas Deal: Panoro Energy has completed its acquisition of Kosmos Energy’s 40.375% interest in offshore Block G, following CEMAC clearance, boosting Panoro’s stake in producing assets including the Ceiba Field and Okume Complex. Regional Health Support: Angola pledged $5 million to the Africa CDC to back the Ebola response in the Great Lakes region, naming Equatorial Guinea among countries already contributing. Diplomacy & National Day: Egypt’s President Abdel Fattah El-Sisi sent congratulations to Equatorial Guinea on its National Day, highlighting growing cooperation in energy and development. Global Reparations Talks: Equatorial Guinea’s Prime Minister attended Ghana’s Next Steps Conference on reparatory justice tied to UN Resolution A/RES/80/250 on the trans-Atlantic slave trade.
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