The dominance of oil and gas in Equatorial Guinea has slowed the emergence of non-hydrocarbon sectors of the economy as well as the development of micro and small/medium-sized enterprises (MSMEs), which are considered to make only a small contribution to the Equatorial Guinea economy.
The client required a scoping study to be undertaken for a future social investment programme focusing on base-level entrepreneurship in Equatorial Guinea.
Montrose carried out a detailed base-level entrepreneurship scoping study to guide the direction of a future social investment programme. A Montrose team of international and national experts undertook extensive desk research and field work to conduct the scoping study.
The first phase of the study consisted of carrying out a sub-sector selection across the mainland of Equatorial Guinea. Sub-sectors were selected based on their potential for growth and/or accessibility to base-level entrepreneurs, their potential to reach a significant number of individuals and households and political feasibility.
The team analysed the sub-sectors and the broader market system using a rapid value chain analysis and presented the findings to the client.
Montrose also assessed potential project locations for the future social investment programme and carried out an initial assessment of potential partners.
Montrose developed a high level design for the future social investment programme and supported the client to achieve buy-in from key government stakeholders.