Where to shop? Equatorial Guinea, Of Course!
Equatorial Guinea (EG) is indeed one of the largest producers of oil in the world, and the third largest exporter of the commodity in Africa, after Nigeria and Angola. Crude oil production in EG averaged 216,000 barrels per day from 1994 through December 2016. However, oil is not the only product that this small African country has to offer. In line with the country’s national development strategy, Horizonte 2020, the country, its leaders, and entrepreneurs, are all actively encouraging the development of other economic sectors, such as agriculture.
EG is blessed with the prerequisites needed to become an agricultural hub- fertile soil, plentiful sunshine and rain, ideal climatic conditions, large swaths of arable land, and a stable supply of labor. While just a few decades ago the country was a leading producer of organic cocoa, nowadays the sector has fallen victim to neglect. 2017, though, marked the beginning of a new phase in the country. Small-holder farmers have begun working together with entrepreneurs to restore EG’s cocoa production capacity. With cocoa demand and prices rising worldwide, many Equatoguinean farmers stand to benefit. The organic cocoa harvest season begins in September. So, if you have an interest in sourcing organic cocoa from EG, thereby also playing a role in the country’s sustainable economic development, reach out to us!
Another noteworthy development in Equatoguinean agriculture has been the realization that a fruit locally known as ‘noni’ can be commercialized.
The noni plant, native to Asia, Australia, the islands of Polynesia, and tropical Africa, is a small, shrubby tree. Healers have used noni fruits for thousands of years to help treat a variety of health problems such as diabetes, high blood pressure, aches, pains, burns, arthritis, inflammation, tumors, the effects of aging, and parasitic, viral, and bacterial infections. Some clinical trials conducted by Western researchers have proven noni’s effectiveness in alleviating symptoms of colds, flu, diabetes, anxiety, high blood pressure, as well as depression. Noni is abundant in EG and is ready to be exported worldwide. So, if you have an interest in this superfood, contact us!
From cocoa, noni, coconut, coffee, various tropical fruits and even vegetables, EG is ready to supply global markets. White Storm Capital works closely with the government of EG, the Ministry of Agriculture, as well as local farmers. If you would like to find out more about the agricultural sector in EG, or are interested in investing or doing business here, contact us. Our Growth Partners are ready to assist you on every step of the way. Come and shop in EG.