Wednesday, March 20, 2013

Equatorial Guinea Supports Small and Medium Businesses with New Office of Economic and Business Information


The Government of Equatorial Guinea recently opened the headquarters of the new Office of Economic and Business Information of the Ministry of Economy, Commerce and Business Promotion (OIEE) to support the growth of small and medium businesses.

The office was built as part of the Government’s initiative to promote social and economic development with the support of the Ministry and the company EG LNG. Together, they are working with international and national entrepreneurs to expand their businesses.

According to Daniel Minang, Director-General of Business Promotion, the OIEE was created based on recommendations resulting from the Second National Economic Conference and the EG LNG’s suggestion to set up a business support office.

Entrepreneurs and reporters recently visited the new office to see firsthand how the Ministry and EG LNG are working together to promote social and economic growth. As part of their initiative, they will provide training and consulting services to businesses and employees as well as training courses for students. 

“The operation is simple,” said Daniel Minang, “businessmen or entrepreneurs come into the office and, as needed, the right technician helps them.”

The creation of a new OIEE office is representative of the Government’s efforts to achieve the objectives of Horizon 2020, Equatorial Guinea’s plan for economic development.