Entertainment

The media and entertainment industry is shifting and adapting – consumers demand a dynamic, multi-faceted experience, wherever they are in the world. In Africa, subscription television has become a competitive field, with huge growth in the number of service providers and the quality of programming over the last decade. Grupo Molsa launched its Canal Sol digital TV service in Equatorial Guinea in 2014, aiming to enhance viewers’ choice of programming and introduce new services to the market.

Television entertainment is a fast growing industry, with year-on-year advertising revenue growth rates of more than 10 percent in some African markets. However, subscription television penetration in the region is relatively low compared with the rest of the world. Equatorial Guinea’s market has been underserved and under-represented in choice and availability of pay TV services. With the introduction of Canal Sol, consumers now have a wider choice of service providers, different channels to watch, and they benefit from a lower price.

Entertainment is a strategic business area for Grupo Molsa. By adopting new digital technologies and offering consumers an increasing range of services and experiences, we forecast high growth for Canal Sol and associated businesses in this segment.

Malabo’s potential as a regional hub and the airport’s upcoming expansion and modernization represent growth opportunities for airlines and aviation-related companies.
Through telecom sector investments, Grupo Molsa places emphasis on improving the quality of life of Equatoguineans through new and accessible technologies.

Real estate

Grupo Molsa is a stakeholder in many of Equatorial Guinea’s prime real estate developments. This expanding sector has attracted huge domestic and foreign investment over the past decade, with a lot of capital dedicated to office construction in the business district of Malabo II, residences and facilities in the Malabo area and new buildings in cities all over the country.

A huge influx of workers due to the rapid growth of the economy kept the real estate market growing steadily in Equatorial Guinea. Across the region and the continent, young populations and urban expansion will necessitate the construction of more homes and commercial buildings. In Equatorial Guinea, population growth is at 2.8 percent annually, ensuring sustained high demand for property. Natural resources industries have provided a significant boost to the real estate market in the country. Industrialization is now gathering pace, giving the real estate sector further momentum.

Grupo Molsa and its partners in the real estate sector are proud to support the building of Equatorial Guinea’s residences, facilities and iconic new buildings, and see continued opportunities to keep investing in this sector.

Automotive

Africa has the world’s lowest rate of vehicle usage in the world, but the needs of a rising middle class and economic growth throughout the continent will have a positive impact on the automotive sector. The rise in vehicle ownership necessitates specialized maintenance facilities. Equatorial Guinea is following this upward trend in vehicle ownership, and Grupo Molsa has entered the sector through investments in vehicle repair and maintenance workshops in the country.

Equatorial Guinea’s fleet of private and commercial vehicles is growing along with diverse economic sectors and consumer spending power in Equatorial Guinea. But the country is currently underserved for specialized vehicle maintenance services for the multitude of marques now on the road. Grupo Molsa has established a car repair facility in Malabo and is now looking to international partners to promote more activity in this sector, following the model of successful vehicle servicing businesses elsewhere in the world.