During a meeting held on April 14, 2026 in Malabo, the banking institutions operating in Equatorial Guinea presented their proposals to the government to facilitate access to the 1,000 social housing units planned in the city of La Paz, the country’s new capital. Around the Vice President of the Republic, Nguema Obiang Mangue, the country’s financial institutions, the National Commission for the Allocation and Control of Land Use in Djibloho, led by Prime Minister Manuel Osa Nsue, the supervisory company TEAM, and other departments involved, attended the presentation of the banks on the various alternatives adapted to the economic capacity of the applicants.
It was proposed that requests from civil servants be managed by the Equatorial Guinea Public Real Estate Management Entity (ENPIGE), the public body responsible for the management, promotion, and administration of the state’s real estate assets, including social housing programs. ENPIGE will be responsible for collecting the files and transmitting them to financial institutions to assess the payment capacity of each interested party.
The meeting also examined the payment conditions of higher monthly installments for individuals with greater economic capacity based on their financial profile.
During this meeting, a preliminary list of 1,500 interested individuals was communicated to the Vice President of the Republic. This number of applicants, exceeding the offer, reflects the high demand for these social housing units. Faced with this situation, Nguema Obiang Mangue instructed the Prime Minister and ENPIGE to develop a form with access requirements. But also to strengthen public communication, so that the population has clear information on the types of housing, their prices, and the conditions for purchase or rental.
At the time of parting, the parties agreed that the banking institutions would present a proposal at the next meeting aimed at establishing a collaboration model between the government and the financial sector to support national development.
