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The Republic of Equatorial Guinea is a nation on the African continent’s western coast. www.theexchange.africa

In addition to building, transportation, banking, and insurance, international firms have featured prominently in other investment sectors in the Republic of Equatorial Guinea, such as banking and finance.

  • The Republic of Equatorial Guinea is a nation on the African continent’s western coast.
  • Equatorial Guinea’s Gross Domestic Product (GDP) stood at 12.27 billion US dollars in 2021.
  • In addition to the chances presented by Equatorial Guinea as the leading ecotourism hotspot for the growth of tropical tourist activities, the nation also offers opportunities for the promotion of high-end tourism.

Equatorial Guinea’s economic profile

The Republic of Equatorial Guinea is a nation on the African continent’s western coast. The country has rich oil and gas reserves. According to official figures from the World Bank, Equatorial Guinea’s Gross Domestic Product (GDP) stood at 12.27 billion US dollars in 2021. Equatorial Guinea’s GDP constitutes 0.01 per cent of the global economy.

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Following the recent calamity of poisoned fish in Lake Nakuru and Lake Victoria, Greenpeace Africa has now moved to call on National Environment Management Authority (NEMA) to commit to stopping pollution in Lake Nakuru and Lake Victoria.

Piles of dead Nile perch have been washing up on the shores of Lake Victoria in Uganda and Kenya, threatening the livelihoods of the surrounding communities. There have also been several incidents of fish dying in Lake Nakuru, prompting the government to issue several warnings on consumption of fish from Lake Nakuru.

However according to a statement from Greenpeace, despite the warning on Lake Nakuru fish poisoning, the massive death of fish in Lake Victoria and the increased level of Lake pollution in Kenya, there is no commitment from the National Environment Management Authority (NEMA) which is mandated  to oversee and implement all policies relating to the environment protection.

“Pollution is leading to …