African oil and gas producer, Equatorial Guinea, said on Monday it would allocate $1 billion, over three years, to support foreign investment aimed at diversifying its energy-dependent economy into new areas, such as farming, petrochemicals and mining.
President Teodoro Obiang Nguema's government announced the co-investment fund of 500 billion CFA francs as it hosted a two-day conference in Malabo showcasing opportunities for foreign investors in sectors beyond oil and gas. In addition
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