AGP Executive Report

Last update: 2 hours ago

Government Shake-Up: Equatorial Guinea’s entire cabinet has resigned after a performance review found it delivered only about 10% of set objectives, with Vice President Teodoro Nguema Obiang Mangue citing insufficient results, corruption, delays in development projects, and weak economic diversification; Prime Minister Manuel Osa Nsue Nsua submitted the resignation, and President Teodoro Obiang Nguema Mbasogo is expected to appoint a new team. Oil & Gas Deal: Kosmos Energy has completed the sale of its non-operating interests in Block G offshore Equatorial Guinea to Panoro Energy, including the Ceiba field and Okume Complex; Panoro received competition clearance from CEMAC and expects the next crude lifting at the start of July. Regional Finance & Skills: AFD and RIFFEAC signed a €5m (about CFA 3.3bn) financing agreement for ADEFAC 2, a five-year program expanding continuing training in forestry and wood-processing to six Congo Basin countries including Equatorial Guinea. Trade & Commodities: CEMAC data show cocoa export prices fell 24.6% in the first quarter of 2026, driving a broader drop in agricultural export prices across the region that includes Equatorial Guinea. Diplomacy & Policy: Equatorial Guinea’s vice prime minister participated in Ghana’s Next Steps conference on reparatory justice, as leaders push for action beyond symbolic acknowledgment of slavery.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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A top banker tried to sway Pope Leo XIV on rare-earth mining

A top banker tried to sway Pope Leo XIV on rare-earth mining

Top banker tried to sway Pope Leo XIV on rare earth mining

Top banker tried to sway Pope Leo XIV on rare earth mining

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Jun. 17, 2026

Kosmos Energy Announces Completion of Sale of Equatorial Guinea Production Assets to Panoro Energy

GlobeNewswire, Inc.

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May 21, 2026

Russia, Equatorial Guinea Strike Nuclear, Defense Cooperation Deal

MENAFN

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May 21, 2026

Russia, Equatorial Guinea Sign Nuclear Cooperation Deal

MENAFN

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May 20, 2026

Russia, Equatorial Guinea Sign Nuclear Pact, Deepen Defense Ties

MENAFN

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Mar. 6, 2026

Ahead of Pope Leo XIV visit, Equatorial Guinea President Receives Pilgrim of Hope Award

EIN Presswire

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Jun. 15, 2026

VAALCO Energy, Inc. Announces Exciting Operational Update in Offshore Gabon and in Egypt

GlobeNewswire, Inc.

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