Guide for Investors in the Mining Sector in Equatorial Guinea
Overview EG is a civil law jurisdiction rooted in Spanish civil law. The government system of the country is presidential, led by the Executive branch and headed by the President, who is both the head of state and head of government. The Legislative power is vested in both the government and the Parliament, which is comprised of two chambers: the Chamber of Deputies and the Senate. Equatorial Guinea is a member state of CEMAC and OHADA, and as such their treaties and regulations are directly applicable in the country. The Legal Framework and the Regulator According to the EG Constitution, the country can explore and exclusively exploit all mineral resources and riches as well as its hydrocarbons. Furthermore, as per the Mining Law, and State is the original owner and holder of all rights declared to be of public utility. Likewise, all the mineral resources and materials existing in the national territory are also property of the state. Given the role of the mining sector for the ...