Equatorial Guinea Promotes Agricultural Sector

Agriculture Ministry Discusses Cooperation with China

MALABO, Nov.16, 2010 /PRNewswire-USNewswire/ — As part of Equatorial Guinea‘s (Republica de Guinea Ecuatorial) efforts to boost agricultural development and move the country toward an emergent economy, the government is seeking further cooperation with China. In a meeting between Gregorio Boho Camo, president of the Chamber of Commerce of Bioko, Equatorial Guinea, and the manager of the Chinese Embassy in Malabo, the two discussed the possibility of creating a consortium for the agricultural sector.

During the meeting, Gregorio Boho Camo highlighted how the creation of the agriculture sector consortium with China will help Equatorial Guinea reach its Horizon 2020 objectives. The possibility of re-launching cacao cultivation with the help of Chinese companies will be another way of achieving these goals.

The Ministry of Agriculture, headed by Minister Teodoro Nguema Obiang Mangue, disseminated information about the government’s agriculture sector objectives throughout the country. During the awareness tour for the agriculture sector, Sergio Osa Mongomo, Vice Minister of Agriculture and Forestry, talked about the activities of the MAECI program, a project focused on attaining food self-sufficiency in the country, with the purpose of achieving the goals set during the second National Economic Conference in 2007.

The tour previewed the activities Minister Nguema will carry out in the first quarter of 2011 and highlighted the importance of the agricultural associations and the promotion of coffee and cacao in the country. They also verified the state of the compliance with the repayment of loans, given by the state to various agricultural associations, as well as the distribution of seeds, fertilizers and plant health products.

About Equatorial Guinea

The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country’s oil and natural gas resources, which only within the last five years began contributing to the global energy supply. Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa.

The country will host the 2011 Summit of the African Union. This has been distributed by Qorvis Communications, LLC on behalf of the Republic of Equatorial Guinea. More information on this relationship is on file at the United States Department of Justice, Washington, D.C.