Equatorial Guinea - HR Outsourcing

Known for being rich in mineral resources and petroleum, Equitorial Guinea is considered as one of the fastest growing economies in Africa. With its strategic initiatives to boost growth, the economy is forecast to grow by 2.6% in 2021, due to the realisation of a large gas project and the betterment of the world economy following the Covid-19 pandemic

With the significant opportunities in Africa, a large number of organisations are expanding to the continent to grow their business. They are on the lookout for a HR outsourcing partner to manage their employment outsourcing challenges from a legal, cultural, market insights perspective. This is where Africa HR Solutions can help to establish your Equitorial Guinea HR outsourcing service from Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and other support services.

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Country Profile - Equatorial Guinea

Population: 1.3 mn

Gross Domestic Product (GDP): $363.07 bn

GDP Growth: -2.9%

Inflation: 1.1%

Foreign Direct Investment (% of GDP): 3%

Unemployment Rate: 9.2 %

Capital: Malabo

Currency: Central African CFA franc

Languages: Spanish, French, Portuguese

Payroll Outsourcing in Equatorial Guinea

Equatorial Guinea's Economy

Equatorial Guinea is bordered by 3 African countries namely Cameroon, Gabon, and the Gulf of Guinea. It is rich in arable land and mineral resources – gold, oil, uranium, diamond, and columbite-tantalite, as well as petroleum. According to the World Bank, the country is undertaking several reforms that include “raising non-hydrocarbon tax revenues and reducing the non-hydrocarbon primary deficit, improving PFM in coordination with the other CEMAC countries, supporting social sectors, protecting the banking sector through the non-accumulation of new arrears, and improving governance.”

Interesting Facts About Equatorial Guinea

The national animal is the Elk.

The country receives around 73,000 visitors yearly.

Football is among the most popular sport in the country.

Djibouti has 195 miles of coastline, consisting of gold and white sandy beaches.

The country has a semi-arid climate which is very hot and dry.

Located in eastern Djibouti, the Gulf of Tadjoura is one of the richest areas in the world for coral and fish species.

Skudahkharis is considered the national dish of Djibouti, made of rice, lamb, and cardamom.

Public Holidays in Equatorial Guinea

New Years Day

Good Friday

Labour Day

President’s Day

Corpus Christi

Freedom Day

Constitution Day

Independence Day

Feast of the Immaculate Conception

Christmas Day

Employment in Equatorial Guinea

Employment agreements can be in a verbal or written format. However, it is recommended to have a written agreement that delineates the employee’s major information, including his/her compensation, benefits, termination conditions as well as salary which should be in the country’s currency, Central African CFA francs.

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Related Services
Equatorial – Guinea EOR (Employer of Record) Equatorial – Guinea PEO (Professional Employer Organisation) Equatorial Guinea – Payroll Outsourcing Equatorial Guinea – HR Outsourcing Umbrella Solutions Africa – Payroll Outsourcing Independent Contractor Solutions Cross-border Payments Work Permit & Immigration Employee Benefits Ancillary Services
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How can we help you?

KEVINA TAKOORDYAL

KEVINA TAKOORDYAL

HEAD OF OPERATIONS

Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.

Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.

Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.

MARK DU PREEZ​

MARK DU PREEZ

Head of Legal & Compliance

A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.

Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.

He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.

alex daruty

ALEX DARUTY

Head of Commercial

Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.

With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.

His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.

He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.

Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.