General Country Information
Political System: Semi-presidential Republic. The constitution reform approved in 2011 by referendum, limited the presidential mandate to 2 periods of 7 years; established the vice-president post and the chamber of the senate in addition to new governmental institutions such as the Court of Auditors and the Ombudsman Office. Head of State: H.E. Teodoro Obiang Nguema Mbasogo. Head of Government: H.E. Francisco Pascual Obama Asué. Population: 1,222,442 (2015). Official Languages: Spanish is the first official language, used in teaching and administration. The second official language is French and the third is Portuguese. Other languages: there are different native languages belonging to the different ethnic groups of Equatorial Guinea. These are fang, bubi, ndowe, bisio and creole or pidgin languages; among which is the pidgin crio (pichinglis), the third most spoken language behind the Spanish and the Fang, and the Creole annobonés. Religion: Catholicism is the predominant religion. Other religions such as Protestantism or Islam are practiced. Currency: Central African CFA Franc (XAF).
Exchange rate: 579.1 XAF for 1 USD, XAF 655.957 for 1 € Weight and Measures: metric system. Capital: Malabo, Bioko Norte. Provinces: divided in 7 provinces: Bioko North, South Bioko, Coastal, South Center, Kie-Ntem, Wele-Nzas, Annobón. On 1st August 2015 when the new administrative city of Djibloho was inaugurated, it was proclaimed that Djibloho will be the eighth province of the country. Capitals of Provinces: Luba, Bata, Evinayong, Ebebiyin, Mongomo, San Antonio de Palé, Djibloho. Cities of interest to the investor: Mbini (Industrial City). Time Zone: GMT +1 (Not applicable for daylight saving time). Telephone code: +240 Surface area: 28.052 Km². Highest point: Pico Basilé. OFFICE HOURS Public Administration - Monday to Friday from 8:00 a.m. to 4:00 p.m. Private Sector - Monday to Saturday from 8:00 a.m. to 1:00 p.m. and from 4:00 p.m. to 7:00 p.m. Banks - Monday to Saturday from 8:00 a.m. to 2:00 p.m.
GUÍA DE INVERSIÓN · INVESTMENT GUIDE
9
