In light of the global coronavirus outbreak, Equatorial Guinea’s Ministry of Mines and Hydrocarbons has postponed the Africa Oil & Investment Forum (AOIF) and Exhibition – which was planned for June 1 – to November 25 and 26, 2020. The AOIF will be merged with the Africa Economic Forum, in Malabo.
The change is part of a revamped strategy that will enable Equatorial Guinea to sustain the pace of its engagement with global investors for its Year of Investment (YoI) campaign, while accommodating ongoing travel restrictions due to the coronavirus.
“The investment outreach of Equatorial Guinea remains in full swing, but we understand that the coronavirus outbreak comes with increasing travel restrictions. As a result, we will continue our negotiations with investors under a more targeted approach and keep the number of conferences in Malabo to a minimum,” said Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima.
The ministry has made great progress on several projects that are being promoted under the YoI campaign and all final investment decisions and ceremonies will all be announced in November.