The Government of Equatorial Guinea used its platform at the United Nations General Assembly to call for greater investment in Africa to develop industry, create employment, and strengthen local value chains, while also advocating for two permanent seats for the continent on the UN Security Council.
"Africa needs investments that allow it to develop local value chains, build infrastructure, advance industrialisation, strengthen human capital, incorporate new technologies, and create jobs," said Equatorial Guinea's Vice-President Teodoro Mangue.
Speaking on the third day of the 81st UN General Assembly in New York, United States, the official underscored the need to harness the continent's young population by generating greater employment opportunities.
According to Teodoro Mangue, "a more productive and industrialised Africa will be a stronger partner, to the benefit also of those who seek to curb African emigration."
The Vice-President also called for a reform of the international financial architecture to facilitate productive investment and address the vulnerabilities of developing nations.
"Poverty persists, inequalities are growing, and climate change continues to worsen," he said, arguing for an international financial framework that supports each country's development efforts.
On the question of UN Security Council reform — a longstanding demand of Global South nations — Equatorial Guinea advocated for Africa to hold "two permanent seats with veto rights, as well as two additional non-permanent seats on the Security Council."
The official also recalled commitments made under the 2030 Agenda, including the eradication of poverty, protection of the planet, and the guarantee of better living conditions for populations.
Closing his address, Teodoro Mangue urged "the United States and the Republic of Cuba to continue the dialogue that would allow the blockade to end and a mutually beneficial relationship to be built."
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/25/mundo/africa/africa-guine-equatorial-pede-mais-investimento-para-industrializacao-e-emprego/
