The government of Equatorial Guinea has resigned after meeting only 10% of its targets, prompting criticism from President Obiang amid ongoing economic challenges.
Equatorial Guinea Government Resigns After Achieving Just 10% of Its Performance Targets
The government of Equatorial Guinea has stepped down after falling significantly short of its performance objectives, according to an announcement made by Vice President Teodoro Nguema Obiang Mangue.
Speaking on Tuesday, Mangue revealed that the cabinet resigned after achieving only around 10 percent of the goals it had been assigned. He emphasized that government officials must be held accountable for results, especially when substantial state resources have been allocated to support their work.
According to the vice president, the administration had access to considerable human, financial, and material resources, yet its overall execution failed to meet expectations. He stressed that public service should be judged by measurable outcomes rather than promises.
President Dissatisfied With Government Performance
While Mangue did not disclose the specific targets that were missed, the ruling Democratic Party of Equatorial Guinea stated that President Teodoro Obiang Nguema Mbasogo was dissatisfied with the administration’s performance.
The outgoing government, led by Prime Minister Manuel Osa Nsue Nsua and appointed in 2024, was expected to implement reforms designed to strengthen the economy and improve living conditions, particularly for low-income citizens.
However, progress remained limited as the country continued to face economic headwinds.
Economic Challenges Continue to Weigh on Equatorial Guinea
Equatorial Guinea’s economy has struggled in recent years due to declining oil production, reduced foreign investment, and broader global economic pressures.
Despite being one of Africa’s major oil-producing nations, the country remains heavily dependent on petroleum exports. Oil and gas continue to generate the majority of government revenue and foreign exchange earnings, leaving the economy vulnerable to fluctuations in global energy markets.
The government’s inability to significantly diversify economic activities has been cited as one of its major shortcomings.
President Calls for Economic Diversification
President Obiang, who has ruled Equatorial Guinea since 1979 and is recognized as the world’s longest-serving head of state, criticized the outgoing administration for failing to advance economic diversification efforts.
A key area of concern was agriculture, which the president believes could play a critical role in reducing the country’s reliance on imported goods while creating jobs and boosting domestic production.
Officials have repeatedly highlighted agriculture as a strategic sector capable of supporting long-term economic growth and improving food security.
New Government Expected Soon
With the resignation now confirmed, attention has shifted to the formation of a new government. Authorities are expected to announce a replacement cabinet in the coming days as the administration seeks to address ongoing economic challenges and restore confidence in its reform agenda.
The upcoming appointments are likely to face significant pressure to deliver measurable results and accelerate efforts to diversify the economy beyond oil and gas.