Russian President Vladimir Putin expressed a significant interest in having Russian companies get involved in mining minerals in Equatorial Guinea.
He spoke with Equatorial Guinea’s President, Teodoro Obiang Nguema, during their meeting in Moscow, where both leaders agreed to strengthen their countries’ relationship.
Putin stated, “The potential investment capacity is big, and your country’s capacity in developing these relations is also good.”
“I am referring to the potential to do with, above all, the extraction of mineral resources,” He emphasized.
Equatorial Guinea, a small nation in central Africa known for its oil reserves, possesses a variety of mineral resources, including gold, diamonds, uranium, and natural gas.
President Nguema warmly welcomed Russian companies to invest in his country and expressed gratitude for Russia’s decision to reopen its embassy in Equatorial Guinea.