Business Reforms in Equatorial Guinea

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2012:

Positive Getting Credit:

Access to credit in Equatorial Guinea was improved through amendments to the OHADA Uniform Act on Secured Transactions that broaden the range of assets that can be used as collateral (including future assets), extend the security interest to the proceeds of the original asset and introduce the possibility of out-of-court enforcement.


DB2009:

Positive Getting Credit:

The regional public credit registry of the Central Bank of the Central African Monetary Union made information accessible on-line for banks. The on-line system simplifies the work of banks in declaring and retrieving information from the public registry.


Negative Trading Across Borders:

Equatorial Guinea cancelled the ‘conditional release’ facility, increasing time to export by 1 day.


Reform Summaries


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