Equatorial Guinea Equatorial Guinea

15.07.2021 - Article

Political relations between Germany and Equatorial Guinea are not very well established. The German Embassy in Yaoundé (Cameroon) is now responsible for diplomatic relations following the closure of the Embassy in Malabo in July 2021.

Germany and Equatorial Guinea were both non-permanent members of the UN Security Council in 2019. In September 2018, Foreign Minister Heiko Maas and President Teodoro Obiang met on the margins of the UN General Assembly in New York

Bilateral trade relations are developing in a positive direction, albeit at a modest level. Germany’s main exports to Equatorial Guinea are beverages, production facilities, machinery and motor vehicles. Its main imports from Equatorial Guinea are oil and chemical products.

The country’s oil boom enabled the Government of Equatorial Guinea to spend a great deal on infrastructure and construction projects. This also offers business opportunities for German companies, but the difficult business environment entails significant risks. The ongoing recession in recent years has made the business climate less favourable.

Germany provided development cooperation until the mid-1990s. Since then, Equatorial Guinea has not qualified for support from this programme due to its high per capita income.

Cultural relations between Equatorial Guinea and Germany are based on initiatives by individuals. Prior to its closure, the German Embassy in Malabo had in recent years organised several cultural projects as well as measures to promote sport in cooperation with European partners.

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