Government The Minister of Mines, Industry and Energy leads the panel of Energy Cooperation of the South Korea Africa Economic Cooperation Conference (KOAFEC) On September 14-17, 2010, a delegation of the Ministry of Mines, Industries and Energy (MMIE) traveled to Seoul (South Korea) to participate in the second edition of the KOAFEC, a meeting forum of the African States with South Korea in which matters related to the implementation of development and cooperation strategies beneficial to both parties are discussed.

29/09/2010

The second edition of the KOAFEC Conference had the theme “Rising Africa - Together with Korea” and during its meetings matters related to infrastructure development, promotion of small and medium enterprises and energy security.

 In the course of the conference, a panel discussion was also organized under the theme “Energy Cooperation in the Global Setting”, which was led, at the invitation of the KOAFEC organizers, by Equatorial Guinea. Specifically, it was the Presidential Adviser in Subjects of Mines and Hydrocarbons, Domingo Mba Esono who, in representation of the Minister Marcelino Owono Edu explained to the conference participants the guidelines of Equatorial Guinea’s energy policy.

 “Equatorial Guinea considers that the lack of energy should not be a handicap for the growth of a nation”, stated Mba Esono, who also declared that “the lack of technology must not be become an obstacle to the development aspirations of a community.”

 In this sense, the Presidential adviser in Subjects of Mines and Hydrocarbons explained to the audience the rational exploitation policy of the hydrocarbons of Equatorial Guinea and the steps to follow by the Equatoguinean State in the contribution to world energy security by means of involvement in organizations such as the Gas Exporting Countries Forum (GEFC) or the African Petroleum Producers’ Association (APPA).

 Mba Esono also transmitted to the South Korean enterprises the invitation of the President of the Nation, H.E. Obiang Nguema Mbasogo, to invest in Equatorial Guinea, highlighting that the desire of the Equatoguinean Government is to have closer ties with South Korea. An objective that would facilitate the ambitious program of the President and the Government of Equatorial Guinea to become an emerging economy in the Horizon 2020.

 Source: Press Office of the MMIE.

 Equatorial Guinea’s Press and Information Office.

Latest news

Transcendental dialogue between the Government and ambassadors· During the first day of the Sixth Conference of Diplomatic Missions held in the Ministry of Foreign Affairs, an interesting exchange of information and opinions took place among the Ministers who participated in the presentations and the Equatorial Guinean diplomats. The Ministers of Information and of Mines were two of the participants.The National Nzalang tied at 1-1 in Ivory Coast's home· The national team achieved an impressive draw against the reigning African Cup of Nations, Ivory Coast, at the Felix Opue Boigne Stadium of Abidjan. The great tactical strategy of Esteban Becker and the effort of all the players have had their reward, a draw which strengthened the team in view of next matches.The Head of State received the Vice President of Boeing· On March 26 the President of the Republic, H.E. Obiang Nguema Mbasogo, received in audience the Vice President of the Boeing Company for Africa, Latin America and the Caribbean, Van Rex Gallard. The meeting was attended by the Delegate Minister for Civil Aviation, Fausto Abeso Fuma.Presentation of the magazine Africando· The Hotel Tres de Agosto was the setting for the presentation of the magazine Africando, a ceremony which was chaired by its director, journalist and writer Carmela Oyono Ayingono, prominent intellectual, who learned her journalistic career in Cuba.Inspection visits of the Head of State· In recent days H.E. Obiang Nguema Mbasogo made several visits to inspect the work of reforming the Cathedral of Malabo, the National Parliament and other infrastructure projects of the Administrative city of Djibloho.The Head of State inaugurated the Sixth Conference of Heads of Diplomatic Missions· The President of Equatorial Guinea presided, on the morning of March 27, the opening ceremony of the 6th Ambassadors and Heads of Diplomatic Missions, Consulates and International Organizations. During his speech, H.E. Obiang Nguema Mbasogo urged the ambassadors to defend with pride the image and name of Equatorial Guinea.Annual Meeting of the African Development Bank· The meeting will be held under the theme "Africa and the new world outlook," and will be attended by over 2,500 delegates from multilateral financial institutions, development agencies, and the private sector, non-governmental organizations, civil society and media. It will be held from May 25 to 29 in Abidjan (Ivory Coast), headquarters of the institution.Commemoration of International Theater Day· March 27 is the celebration, as every year, of International Theater Day. Therefore, several cultural centers have organized activities regarding drama, among which are those of the Cultural Institute of French Expression of Malabo (ICEF).Equatorial Guinea contributes to the economic support for Guinea Bissau· On March 25 the International Donors Conference in support of Guinea Bissau took place, organized by the European Union together with the Government of the country and the United Nations Development Program (UNDP).More news | Search Engine | Subscribe Subscribe