12 June 2019 Business Environment News

THE REPUBLIC OF EQUATORIAL GUINEA HOLDS INAUGURATION OF THE FIRST EITI OFFICE

The Republic of Equatorial Guinea today, June 12th, held the inauguration of the first national EITI office in the coastal city of Bata and economic capital of that country. 

 

June 12 - The Republic of Equatorial Guinea has today held the inauguration of the first national EITI office in the coastal city of Bata and economic capital of that country. The act coincided with the opening of the ADB Conference (African Development Bank) in the capital city, Malabo.

Equatorial Guinea, after the long period of implementation of the Initiative for Transparency in Extractive Industries (EITI), has taken a giant step today by opening its first national office to the public; This demonstrates the country's interest in carrying out a transparent process regarding the management of extractive resources.

The opening ceremony was chaired by the Hon. Mr. Santiago Mba Eneme Nsuga, Secretary of State for Mines and Hydrocarbons, on behalf of the Hon. Mr. Gabriel Mbaga OBIANG LIMA, President of the National Commission of the Preparatory Group of EITI-GE; In addition, there was the attendance and participation of Mrs. Priscila Obono Ateba, vice-president, and Mr. Jacinto Nguema Owono Mikue, permanent secretary of the National Commission respectively as well as Civil Society.

12 June 2019