Damaru Neuf Africa Signs Landmark MoU with Government of Equatorial Guinea

PRESS RELEASE
Dated: February 21, 2026

Damaru Neuf Africa Signs Landmark MoU with Government of Equatorial Guinea for Renewable Energy Development

Damaru Neuf LLP is proud to announce a significant milestone achieved by its African subsidiary, Damaru Neuf Africa, through the successful signing of a Memorandum of Understanding (MoU) with the Government of Equatorial Guinea. This strategic agreement marks a major step forward in advancing sustainable energy solutions across the region.

The MoU was formally signed by Mr. Karl Viga Pacis, Chief Executive Officer of Group Damaru Neuf Africa, representing the consortium leading the initiative. The partnership underscores a shared commitment to addressing energy challenges and promoting clean, renewable power infrastructure in Equatorial Guinea.

The proposed project focuses on the development of an intermittent solar energy system designed to enhance the country’s energy capacity while reducing dependence on conventional fossil fuels. The initiative aligns with Equatorial Guinea’s long-term vision to diversify its energy mix and invest in environmentally sustainable technologies.

The solar energy project will be financed through a consortium of international investors, spearheaded by Mr. Viga Karl Pacis. This consortium brings together expertise, capital, and technological capabilities to ensure the successful execution and scalability of the project. The intermittent solar model is expected to provide efficient energy generation while integrating with existing grid infrastructure, optimizing both performance and cost-effectiveness.

Speaking on the occasion, Mr. Pacis highlighted the importance of the collaboration, stating that this agreement reflects Damaru Neuf Africa’s commitment to driving impactful investments that contribute to economic growth and environmental sustainability. He emphasized that the project will not only generate clean energy but also create employment opportunities and foster local capacity building.

This development reinforces Damaru Neuf LLP’s broader mission of facilitating strategic partnerships and investments across emerging markets, particularly in Africa. By leveraging its global network and regional expertise, the group continues to position itself as a key player in enabling transformative infrastructure projects.

The MoU represents the beginning of a long-term collaboration between Damaru Neuf Africa and the Government of Equatorial Guinea, with further technical assessments and implementation plans expected to follow in the coming months.

About Damaru Neuf LLP

Damaru Neuf LLP is an India-based firm specializing in trade facilitation, investment advisory, and international business expansion, with a strong focus on emerging markets across Africa.

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