By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DNE Africa
  • Home
  • Politics
    IMG a6a723ab c316 4836 8743 b574146ebc49
    Politics

    Israel Denounces 2026 Nobel Peace Prize Award to South Africa Navi Pillay

    By Ahmed Emam 1 Min Read
    SUDAN 1 730x438 1
    Politics

    Drone Strike Kills 30 Displaced People in Sudan’s Blue Nile Region, Dozens Injured

    By Ahmed Emam October 9, 2026
    FB IMG 1791555154094
    Business

    Afreximbank Urges Africa-Focused Credit Ratings to Unlock Investment

    By Ahmed Emam October 9, 2026
  • Business
    Aerial view of victoria island in Lagos Nigeria with habours for yatches
    Business

    WB Sees Nigeria Growth Averaging 4.4% Through 2028

    Nigeria’s economy is expected to grow by an average of 4.4% annually…

    By Ahmed Emam 2 Min Read
    WhatsApp Image 2026 10 07 at 19.40.20
    BusinessPolitics
    AU Launches Africa Credit Rating Agency to Bring African Perspective to Credit Assessments
    Ghana Inflation Rate 2584704733
    Business
    Ghana Inflation Accelerates for Second Month to 5.2% in September
    India’s Jaishankar Begins Two-day Ghana Visit to Deepen Economic Cooperation
    Business
    India’s Jaishankar Begins Two-day Ghana Visit to Deepen Economic Cooperation
    Capture.PNGdddddddddddd
    Business
    BoG Urges Greater Use of Restructuring to Rescue Distressed Ghanaian Businesses
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Reading: Equatorial Guinea Prioritizes Housing Development in Partnership with Egypt’s “Arab Contractors”
Sign In
  • Join US
DNE AfricaDNE Africa
Font ResizerAa
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Search
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Equatorial Guinea Prioritizes Housing Development in Partnership with Egypt's Arab Contractors

Equatorial Guinea Prioritizes Housing Development in Partnership with Egypt’s “Arab Contractors”

DNE Africa
Last updated: February 10, 2025 2:56 pm
By DNE Africa 4 Min Read
Share
SHARE

MALABO – Equatorial Guinea is making significant strides in its national development agenda with a renewed focus on expanding affordable housing options for its citizens. Central to this ambitious plan is a strengthened partnership with Egypt’s “Arab Contractors,” a leading construction firm renowned for its expertise in delivering large-scale infrastructure projects across Africa.

The collaboration was solidified during a recent meeting between Clemente Ferreiro Villarino, Equatorial Guinea’s Minister of State for Public Works and Urban Planning, and Sherif El-Sherbiny, Egypt’s Minister of Housing, Utilities, and Urban Communities. The agreement will see “Arab Contractors” undertake key housing projects as part of Equatorial Guinea’s national plan to construct 100,000 new homes.

Minister Villarino emphasized the importance of these projects in achieving the country’s sustainable development goals. “Providing access to quality housing is a top priority for the government of Equatorial Guinea,” said Villarino. “Our partnership with ‘Arab Contractors’ is crucial in realising this vision, bringing their expertise and experience to bear on our national housing strategy.”

He noted the long-standing relationship between his country and “Arab Contractors,” highlighting the firm’s consistent delivery of high-quality infrastructure projects in the country. The projects will be executed under the direct oversight of the Egyptian Ministry of Housing, reinforcing the commitment to excellence and ensuring alignment with Equatorial Guinea’s development objectives.

“This collaboration underscores our commitment to providing our citizens with modern, sustainable, and affordable housing options,” Villarino added. The new developments are expected to create numerous jobs for local communities and stimulate economic growth within the construction sector.

Ahmed El-Assar, Chairman of “Arab Contractors,” reiterated the company’s commitment to supporting Equatorial Guinea’s development vision. “We are proud to partner with Equatorial Guinea in this transformative initiative,” said El-Assar. “Our team is dedicated to delivering housing solutions that meet the needs of the local population and contribute to a brighter future for Equatorial Guinea.”

Arab Contractors Strong Presence in Equatorial Guinea

“Arab Contractors,” operating in 29 countries outside Egypt, has a strong presence in the country, established through its subsidiary, “Arab Contractors – Equatorial Guinea Limited.” Since 2003, the company has successfully completed a wide range of infrastructure projects, earning the trust and recognition of the Equatorial Guinean government, including three presidential medals awarded in 2008, 2012, and 2015.

Notable projects undertaken by “Arab Contractors – Equatorial Guinea Limited” include:

  • The Anisok – Mongomo Road
  • Access Road to Pico Basile (Mount Malabo)
  • 1,000 Housing Units at Pesca Town (Bioko Norte Province)
  • Sipopo Main Road and Infrastructure
  • Sipopo Presidential Complex (Meeting Hall, Corniche, Heliport)
  • Malabo Potable Water Treatment Plant and Distribution Network
  • Malabo International Airport – New Passenger Terminal
  • Rey Akalayong Avenue (Malabo)
  • Mitomo – Kogo Highway Upgrade
  • Bata Camp Compound
  • Malabo Wastewater Treatment Plant
  • Nzok – Akassi Highway
  • Simo Neighbourhood Roads Project (Phases I & II)
  • Apartment Buildings at Malabo Campus Project
  • Residential Compound in Mongomo
  • “9 Villages” Sustainable Rural Development Program
  • Community Electrification Project

Ongoing projects include the second phase of roads in the Simo neighbourhood as well as additional external civil engineering at The Riaba Farm and Alegri.

You Might Also Like

Afreximbank Urges Africa-Focused Credit Ratings to Unlock Investment

‘Livelihood Boats’: The National Bank of Egypt equips 100 Luxor fishermen to secure their families’ futures

WB Sees Nigeria Growth Averaging 4.4% Through 2028

AFRINEX CEO Urges Africa to Mobilise Domestic Capital, Deepen Market Integration

AU Launches Africa Credit Rating Agency to Bring African Perspective to Credit Assessments

TAGGED:AfricaArab ContractorsEgyptEquatorial Guinea
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link

You Might Also Like

Eritrea Accuses Ethiopia of Fabricating Self-Defence Claims to Camouflage Red Sea War Agenda
Politics

Eritrea Accuses Ethiopia of Fabricating Self-Defence Claims to Camouflage Red Sea War Agenda

By DNE Africa 4 Min Read
Ghana Inflation Rate 2584704733
Business

Ghana Inflation Accelerates for Second Month to 5.2% in September

By Ahmed Emam 3 Min Read
India’s Jaishankar Begins Two-day Ghana Visit to Deepen Economic Cooperation
Business

India’s Jaishankar Begins Two-day Ghana Visit to Deepen Economic Cooperation

By Ahmed Emam 3 Min Read

More Popular from DNE AFRICA

IMG a6a723ab c316 4836 8743 b574146ebc49
Politics

Israel Denounces 2026 Nobel Peace Prize Award to South Africa Navi Pillay

By Ahmed Emam 1 Min Read
Ad imageAd image
CultureWorld

In Photos: South African President Visits GEM, Giza Pyramids

South African President Cyril Ramaphosa visited the Grand Egyptian Museum (GEM) and the Giza Pyramids this…

By Ahmed Emam
Business

Egypt’s largest lender NBE posts EGP 312.5bn pre-tax profit for 2025

The National Bank of Egypt (NBE), the country's first and largest commercial bank, achieved a pre-tax…

By DNE Africa
Business

AFRINEX Moves to Deepen Africa-India Capital Market Links, CEO Tells DNE Africa

The African International Financial Exchange (AFRINEX) is stepping up efforts to connect African companies with Indian…

By Ahmed Emam
Business

Afreximbank Backs African Youth Innovation With $120,000 AYAIR Commitment

Africa’s young innovators are increasingly turning artificial intelligence (AI) and robotics into practical solutions to some…

By Ahmed Emam
DNE Africa

News by Africans, For Africans

Categories

  • The Escapist
  • Entertainment
  • Business

Quick Links

  • Advertise with us
  • Newsletters
  • Complaint
  • Deal

DNE Africa.All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?