Ethiopia, Equatorial Guinea Eye Collaboration on Mining Sector

ADDIS ABABA – Ethiopia and Equatorial Guinea to continue discussions in Addis Ababa to forge collaboration on mining and petroleum sector, officials said.

Equatorial Guinea’s Minister of Mines and Petroleum Gabriel Mbaga Obiang has arrived in Addis Ababa on Sunday for a working visit.

The two countries held initial talks on partnership when a high-level Ethiopian delegation, led by Prime Minister Abiy Ahmed, went to Malabo for the AU Extraordinary Summit fortnights ago.

The discussion was attended by Minister of Mines Takele Uma and Minister of Industry Melaku Alebel.

“Following our successful visit” to Malabu, Takele said “we are happy to welcome Minister of Mines & Petroleum of Equatorial Guinea Mr Gabriel Mbaga to Addis.”

“During his visit, we hope to reach an agreement between our two countries to collaborate in the mining & petroleum sector,” Mining Minister Takele added.

Equatorial Guinea has been one of the fastest-growing economies in Africa in the past decade, according to the World Bank. 

The country is the third-largest producer of oil in Sub-Saharan Africa, after Nigeria and Angola, and relies mainly on oil and gas exports to power its economy.

Source: Link to the Post

Leave a Reply