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.


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

First International Festival of Body Art of Sofitel Sipopo· The Hotel Sofitel Malabo Sipopo Le Golf organized from August 17 to 22 the First International Festival of Body Art Equatorial Guinea, an event that has had top artists in the art of body painting.International Prize for President Obiang in Brussels· The decision taken by the Council of Ministers of the Group of African, Caribbean and Pacific (ACP) countries, which unanimously accepted the proposal of the Central African region to grant the official recognition to H.E. Obiang Nguema Mbasogo, will take effect on November 23.Installation of the office of Ombudsman· The Ombudsman of Equatorial Guinea, Marcelino Nguema Onguene, will have his temporary office in some of the offices of the Sipopo Conference Palace (Malabo).The 4th Subregional Forum on Internet Governance in Central Africa ends· The forum, which began on August 24, finished in the evening of Tuesday, August 25, with the recommendations of experts on the technical development of the Internet and the development of social networks in the subregion. The discussions took place in one of the rooms adjoining the Sipopo Conference Center (Malabo).The EU High Representative for Equatorial Guinea ends her mission· The leave-taking of Cristina Martins Barreira before the Secretary General of the ECCAS (Economic Community of Central African States) took place during an audience held on August 21 in Libreville (Gabon), headquarters of this institution that brings together ten African countries.A delegation from India meets with the President of the Republic· H.E. Obiang Nguema Mbasogo received on August 25 at the People's Palace of Malabo a delegation from India, led by the Minister of State for Health and Family Welfare, Shripad Yasso Naik.A South African business delegation visits Equatorial Guinea· The president of the Chamber of Commerce of Bioko, Gregorio Boho Camo, held a meeting with a delegation of South African businessmen, who were in Malabo, in the framework of the relations of business cooperation between South Africa and Equatorial Guinea.Presentation of the Strategic Plan 2015/2020 of the National Organization for the Blind· On Tuesday, August 25, in the meeting room of the Ministry of Internal Affairs and Local Corporations of the Strategic Plan drawn up by the members of the National Organization for the Blind of Equatorial Guinea (ONCIGE), from this year through Horizon 2020 was presented.Fourth Subregional Forum on Internet Governance in Central Africa· On Monday, August 24, at the Conference Center of Sipopo (Malabo), the Fourth Subregional Forum on Internet Governance in Central Africa began with the theme of the evolution of Internet governance and accountability of its protagonists for sustainable development.More news | Search Engine | Subscribe Subscribe