AGP Executive Report
Last update: 6 hours agoDeportation Detention in Malabo: An Associated Press report says Equatorial Guinea’s Bamy Hotel has been used as a prison for asylum seekers deported from the U.S. under a reported $7.5m deal, with at least 32 people held since November and many pressured to return to countries where they fear danger. Maritime Justice for Seafarers: The UN’s International Tribunal for the Law of the Sea awarded the Marshall Islands over $14m in compensation over the 2022 detention of the tanker Heroic Idun, a case tied to Equatorial Guinea’s actions and the crew’s mistreatment. Oil & Gas Deal Progress: UK-listed Europa Oil & Gas says a farm-out tied to Equatorial Guinea’s EG-08 block is still awaiting overseas direct investment approval from Shandong, even as the company received MMHD go-ahead to complete parts of the process; drilling is expected in early 2027. Human Rights Call: A UN working group on arbitrary detention says lawyer-activist Anacleto Micha Ndong Nlang is being held arbitrarily and must be released, citing his treatment after demanding justice. Regional Finance Liquidity: BEAC launched a CFA500bn liquidity injection for banks across CEMAC, including Equatorial Guinea, running May 28 to June 4 at a 4.75% rate.
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