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FOCUS ON EQUATORIAL GUINEA: Reaching Beyond The Horizon: A focus on Equatorial Guinea

On 12 October 2018, Equatorial Guinea celebrates its Golden Jubilee since independence; this will provide the nation with the occasion to catch its breath and look back at the incredible milestones achieved during its rapid journey towards modernisation and in becoming a reference point for Africa.

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The following report is published in association with Penresa

“We are focused on forming our citizens so they can activate their strengths in any part of the world. Having public servants in international organisations and competing with other countries, that is the wealth of a nation. We have to go beyond borders and show others the abilities that we have.” President Teodoro Obiang Nguema Mbasogo

On 12 October 2018, Equatorial Guinea celebrates its Golden Jubilee since independence; this will provide the nation with the occasion to catch its breath and look back at the incredible milestones achieved during its rapid journey towards modernisation and in becoming a reference point for Africa. Nestled into the western corner of the continent, with a rich bio-diverse tropical mainland and several important fertile volcanic islands, Equatorial Guinea’s economic development picked up speed upon the discovery of oil in 1995. However, it is the peace and political stability that has since ensured that has really distinguished the country. Visionary and long-term President Teodoro Obiang Nguema Mbasogo claims: “As president, I have seriously defended peace, Equatoguineans live harmoniously. In Equatorial Guinea there is no ethnic crisis or discrimination. I think that peace will allow the nation to have an inheritance, a fortune that can secure a promising future for subsequent generations; that is my dream.” It is upon the strength of this vision that the country travels safely forward towards self-sufficiency and economic sustainability.

LNG Megahub

Equatorial Guinea is the richest country per capita income on the African continent, and third largest oil exporter. Crude oil and LNG exports account for 80% of the government’s revenues and 95% of export income. Recently Minister of Mines and Hydrocarbons, Hon. Gabriel Mbaga Obiang Lima, announced government plans to construct a natural gas megahub operating from Punta Europa LNG Terminal on Bioko Island by 2020. The project involves interlinking production, processing and tying-in facilities on- and off shore with the collaboration of local oil and gas companies in the area, and will secure the nation’s role as significant player in global LNG exports. “Mother Nature has provided us with the fortune of having found oil, but what has caused great change and transformation in Equatorial Guinea is not oil but the high political will within the senior management of the state,” declares Prime Minister Francisco Pascual Obama Asue.

Horizonte 2020

The national economic strategy Horizonte 2020 has been responsible for transforming the nation while improving productivity and accelerating economic growth. The plan is divided into two phases; the first phase consisted of building up excellent infrastructure models such as seaports, airports, the new administrative capital Oyala, roadways, buildings while ensuring that everyone is on the electrical grid. The second phase, currently underway, focuses on diversifying the economy by targeting sectors such as fisheries, agriculture, tourism and finance, as well as reinforcing human capital and advancing technological progress.

Equatorial Guinea also continues to successfully work hard at establishing a trustworthy and solid international presence. President Obiang Nguema Mbasogo states: “The new government of Equatorial Guinea occupies relevant positions as a member of the OPEC, non-permanent member of the Security Council of the United Nations and member of the Executive Council of UNESCO. We also collaborate with a number of countries.” The nation will be celebrating its Golden Jubilee in triumph, having drastically improved quality of life for Equatoguineans and set it up for another fifty years exhaustive with possibilities. “For some time now I have observed a small star from the terrace of my house,” relates Minister of Finance, Economy and Planning, Hon. Lucas Abaga Nchama. “Every day I get the feeling that it is closer to me and it shines. Equatorial Guinea is like that star and will be the star that shines in the Gulf of Central Africa because we are laying down the foundations for true growth and development.”

 

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BOSS X Meissen Capsule Collection Inspired by The Big Five

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Johannesburg, 6 December 2019. BOSS celebrated its holiday capsule with an exclusive event on the 4th of December in Johannesburg.

Two internationally recognized German brands BOSS and Meissen came together for the first time. Inspired by Meissen’s celebrated Big Five figurines, a groundbreaking new collaboration united the two brands’ shared passions for quality, design and creativity.

The Big Five collection, designed by sculptor Maximilian Hagstotz, features the African lion, leopard, elephant, rhino and buffalo, each decorated with a monochrome pattern placed to emphasize the animal’s characteristic traits.

These majestic creatures, depicted in an angular style inspired by traditional African wooden sculptures, are the starting point for a unique capsule collection of BOSS Menswear and Womenswear.  The fashion capsule collection includes both casual and formal pieces for men and women, all in a monochrome palette of black and white.

To honor this special capsule and collaboration, BOSS and a local franchise partner SURTEE Group hosted an exclusive dinner just in time for the holiday season, with a special guest in attendance – the founder of Elephants for Africa organization Dr Kate Evans.

Guests, dressed in black and white, were greeted by a life-sized white Meissen elephant statue with elegant black and white canapés and black martinis awaiting them. The sophisticated evening had everything from the food, to the décor, drinks and dress code following the monochromatic theme. The charismatic Mark Bayley and former Miss South Africa Jo-Ann Strauss kept VIP guests entertained as co-hosts.

The evening culminated with a private performance by South Africa’s much loved Mi Casa. 

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Business Veteran Scoops Top Vision 2030 Award

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Business veteran and Group CEO of ITHUBA Holdings, Charmaine Mabuza has scooped the Top Woman in Education Award at the Vision 2030 Awards recently held in Emperors Palace, Gauteng.

This award recognizes Mabuza for her contribution in the South African education sector through the Eric and Charmaine Mabuza Scholarship Foundation.

The Foundation, established in 1999 by Mpumalanga business veterans, Advocate Eric and Charmaine Mabuza initially supported young and talented matriculants in the Mpumalanga region to further their tertiary studies. Since then, the Foundation’s reach has expanded throughout South Africa, producing Doctors, Accountants, Engineers, Quantity Surveyors and many more.

Commenting on the award, Mabuza said: “This award represents many years of hard work and determination towards the advancement of equal access to quality education for all South Africans. The mission of the scholarship foundation is to eradicate poverty through education, particularly in previously marginalized communities. As corporate leaders, we know that there is still a lot to be done, but we are ready and willing to do our part. We look forward to another decade of serving the nation”.

One of the beneficiaries of the Scholarship Foundation, Dr. Kate Lusiki who now works at the Rob Ferreira Hospital expressed her gratitude: “Since I started working, I have been able to renovate my mother’s house. I am currently staying with my older sister whom I am putting through college so that she too can also have a solid educational structure. I am able to do these things for my family because the Advocate and Mrs Mabuza afforded me an opportunity to education. This Foundation to me, has been like a better life handed to me on a silver platter, and for that I am eternally grateful.”

The 2020 Scholarship programme will launch with the new intake of students on 12 January with a week-long programme at the ITHUBA offices in Sandton.

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The Re-Awakening Of Some Of The Rarest Whiskies In The World: Johnnie Walker Blue Label Ghost And Rare Glenury Royal

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The season just got a bit more sensational for whisky connoisseurs, as Johnnie Walker releases the third installment in its ‘ghost’ series, with the remarkably rare and limited edition, Johnnie Walker Blue Label Ghost and Rare Glenury Royal.

This exceptional blend with bewildering layers of depth highlights, notes of candied fruits, spices and unrivaled smokiness. At the heart is the Glenury Royal whisky – the perfect gift to that whisky collector or whisky afficionado.

Ghost and Rare remains in dwindling supply since the shutdown of its birthplace, the iconic Highland distillery, Glenury Royal in 1985. Each bottle is handcrafted in small batches by the combined expertise of a small team of passionate blenders led by master blender Jim Beveridge,the sixth in an unbroken line of master blenders stretching back almost 200 years.

Ghost and Rare is complexly layered with the sweetness of honey and elegant smoke for a long and lingering incomparable finish. With only 1,600 uniquely numbered bottles in Nigeria and only 60,000 bottles made globally, this is a whisky that few others will ever get to taste.  

As one of the most sought-after whiskies in the world, Ghost and Rare is a perfect Christmas gift to appreciate a loved one or a discerning drinker who continues to walk with you.

Enjoy Johnnie Walker responsibly. Not for persons below 18 years

Content provided by Johnnie Walker

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