Equatorial Guinea Accelerates TELGESA Formation Ahead of October Deadline

Teodoro Nguema Obiang Mangue, Vice-President of the Republic, in charge of National Defence and State Security, chaired a meeting this Friday with the Prime Minister, the heads of Telecommunications, GECOMSA and the State Attorney’s Office to review the progress in the constitution of TELGESA, the new company planned together with the investment group EGSA LOITA. During the meeting, the pending issues to formalise the agreement were examined, especially the valuation of GECOMSA’s assets, ne