Equatorial guinea Business

Equatorial Guinea gained independence from Spain in 1986, and its incumbent president Theodoro Obiang Ngama of Basugu, has invested heavily in the development of the country and its infrastructure. The country is located in central Africa, on the west coast of the continent. The languages ​​spoken are Spanish and French, which makes working with the country accessible to those languages.

Following the discovery of oil in Equatorial Guinea in the 1990s, the country has become one of the leading continents in Africa in terms of infrastructure development.
In recent years the government has invested tremendous resources in paving roads, building business centers, developing hotels, establishing airports and ports, building new cities and more.

Equatorial Guinea is an Israel-loving country, and its leaders greatly appreciate Israeli companies. The establishment of the new embassy in Israel in the summer of 2019 has intensified the ambition and ability to promote initiatives for cooperation between Israel and Equatorial Guinea.

The vision of the President of Equatorial Guinea is to make the country the most developed in Africa and serve as a business center for all Central African countries. By establishing ports in both the city of Bata and the city of Malabo, which is on the island of Yoko in the Gulf of Guinea, they aim to connect all of Africa to goods arriving from America. In addition, a domestic airline was established which aims to connect the country directly to Europe.

Equatorial Guinea aims to continue to develop and grow and is therefore ready to invest in the establishment of infrastructure in many areas - from communication and technologies to education and medicine.
The country is open to business offers in real estate as well, and in recent years, many office buildings and even international standards hotels have been built there.

Claudio Spoznik, an Argentinian who speaks Spanish and Hebrew, has specialized in business in Equatorial Guinea in recent years. He knows the state's needs more closely and connects it to Israeli companies seeking to invest and propose business initiatives in Equatorial Guinea. Equatorial Guinea is a country that is relatively closed and never enters into its ranks. Knowing and working with their trust man like Claudio Sposnik can lead collaborations with Equatorial Guinea for success.