Equatorial Guinea officially launches Year of Investment 2020 Campaign | Africanews

in #dlike5 years ago

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A year-long investment campaign supported by forums and exhibitions are not going to produce any tangible results if the country's investment climate is not investor friendly. 

Equatorial Guinea is ranked 173 in the 2018 Doing Business report published by the World Bank. Endemic corruption, bureaucracy, weak financial sector and judicial system are the stumbling blocks to their growth. 

The government will do well if they embark on reforms of these weaknesses and key institutions before launching any investment campaign. 


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