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Equatorial Guinea to Host 3rd Africa-South American Summit – posted by

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MALABO, Equatorial Guinea, July 15, 2011 /PRNewswire-USNewswire/ — Equatorial Guinea’s capital of Malabo will host the 3rd Africa-South American Summit this fall. President, Obiang Nguema Mbasogo, along with African and South American leaders will meet to expand cooperation, create opportunities for promotion, and strengthen political and economic ties between the two regions. This is another effort by the government to strengthen its cooperation ties with the international community.

President Obiang, who is the current rotational chairman of the AU, will welcome world leaders once again to the newly built city of Sipopo. The international conference center is an excellent facility to host international events this size. Sipopo offers state-of-the-art buildings and private villas, entertainment, high-end hotels and cuisine. Thousands of people have already visited the magnificent facilities around Sipopo for the 17th African Union (AU) Summit that took place earlier this month. The AU Summit was the first event held in the newly developed area, which the country is developing as a center for tourism and international conferences.

During the African Union Summit, President Obiang made a push for his country to host the headquarters of the African Union (AU) Youth Corps, an institution the AU agreed to establish a year ago at its summit meeting in Abuja, Nigeria. “As the city in which this subject was discussed, and with the goal of overcoming obstacles to its financing,…we ask that the headquarters of the Youth Corps be located in this new City of the African Union,” President Obiang said.  He had previously announced that the area in which the Summit took place, in the Malabo suburb of Sipopo, would be named in honor of the African Union.

In offering to host the 3rd Africa-South American Summit, President Obiang committed the resources of his government to the effort to harness the success of the summit.

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