The Republic of Equatorial Guinea is a country located in Middle Africa and one of the smallest countries in continental Africa. Link to external site : Website for Equatorial Guinea |  |
| Wallets | |
| Development | Advanced Emerging |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
9,923.31 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
0.462 Upgrade to Bronze |
| Currency | XAF |
| Class | |
| CountryISO | GQ |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Orange (GETESA)",462435]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",5200],["Q4 2001",14432],["Q4 2002",25420],["Q4 2003",41930],["Q4 2004",65294],["Q4 2005",94434],["Q4 2006",142500],["Q4 2007",220000],["Q4 2008",275000],["Q4 2009",332500],["Q4 2010",388116],["Q4 2011",441093],["Q4 2012",491476],["Q4 2013",538535],["Q4 2014",581732]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Mixed system of civil and customary law Upgrade to Bronze |
| Law is based on | |
| Approach |
Short leash Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models | |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",62.66],["Banked",25],["Internet",2],["Urban",39],["Adult",58],["Literate",87]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 0.51 |
| Adult % | 58.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) | |
| Emigration Rate % |
14.50 Upgrade to Bronze |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
14.70 Upgrade to Bronze |
| Urban % | 39.00 |
| Female % | 47.00 |
| Literate % | 87.00 |
| Annual Growth % |
-2.70 Upgrade to Bronze |
| Mobile Penetration % | 62.66 |
| Banked % | 25.00 |
| Access to FS % | 59.75 |
| Internet % | 2.00 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 98.90 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.24 |
| Monthly ARPU |
15.24 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |