Equatorial Guinea

Country Equatorial Guinea
Capital Malabo
Continent Africa
Currency Central African CFA franc(XAF)
Languages Spanish, French, Portuguese, Fang, Bube, Igbo, Pidgin English & Annobonese

Information

Introduction

Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President Teodoro OBIANG NGUEMA MBASOGO has ruled the country since 1979 when he seized power in a coup. Although nominally a constitutional democracy since 1991, the 1996, 2002, and 2009 presidential elections - as well as the 1999 and 2004 legislative elections - were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition. Equatorial Guinea has experienced rapid economic growth due to the discovery of large offshore oil reserves, and in the last decade has become Sub-Saharan Africa's third largest oil exporter. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the population's living standards.

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References

Equatorial Guinea - Wikipedia
Equatorial Guinea - CIA World Fact Book
Equatorial Guinea - BBC
Equatorial Guinea - Timeline - BBC

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News Headlines

Google News
Former Equatorial Guinea official given global ban by Fifa - BBC Sport

BBC Sport

Former Equatorial Guinea official given global ban by Fifa
BBC Sport
Former vice-president of Equatorial Guinea's Football Federation Gustavo N'dong Edu has been banned from world football for two years. Fifa extended the ban already handed out by Confederation of African Football which found Edu guilty of attempting to ...
Equatorial Guinea FA Vice President banned by CAF, FIFAKing Fut
FIFA extends match-manipulation sanction against vice-president of Equatorial Guinea FABoxscore
COMPARE and CONTRASTThe Herald
Caj News Africa
all 8 news articles »


FIFA extends match-manipulation sanction against vice-president of ... - FIFA.com

FIFA.com

FIFA extends match-manipulation sanction against vice-president of ...
FIFA.com
FIFA can today confirm the worldwide extension of the two-year ban, starting on 10 July 2016, that was imposed on the vice-president of the Equatorial Guinea ...

and more »


A future beyond oil. Banker weighs in on Equatorial Guinea's opportunities to diversify - How we made it in Africa

How we made it in Africa

A future beyond oil. Banker weighs in on Equatorial Guinea's opportunities to diversify
How we made it in Africa
Like most African oil producers, Equatorial Guinea has been hurt by the drop in the price of crude from over $100 a barrel two years ago, to less than $50 at current levels. According to the IMF, the country's near-term outlook is challenging, given ...



IMF Staff Concludes 2016 Article IV Mission to Equatorial Guinea - International Monetary Fund

The Worldfolio

IMF Staff Concludes 2016 Article IV Mission to Equatorial Guinea
International Monetary Fund
Equatorial Guinea has for two decades been one of Sub-Saharan Africa's (SSA) largest hydrocarbon exporters. As a result, the country has one of the highest average per capita incomes in the region. Moreover, a recent rebasing of the national accounts ...
Hess in high-wire act with Obiang government - EQUATORIAL ...Africa Intelligence (subscription)
Spain's gateway to Africa targets investment - The WorldfolioThe Worldfolio

all 5 news articles »


FIFA extend ban on Equatorial Guinea FA chief for match-fixing - Inside World Football

Inside World Football

FIFA extend ban on Equatorial Guinea FA chief for match-fixing
Inside World Football
July 27 FIFA have confirmed the worldwide extension of the two-year ban imposed on the vice-president of the Equatorial Guinea Football Association, Gustavo Ndong Edu, for match-fixing. The Confederation of African Football (CAF) Disciplinary Board ...



IMF concludes mission to Equatorial Guinea as economy reels from ... - Africanews

Africanews

IMF concludes mission to Equatorial Guinea as economy reels from ...
Africanews
Equatorial Guinea's GDP declined by 7.4 percent during 2015, as lower crude prices induced oil companies to reduce operating expenditures thereby reducing ...
IMF Staff Concludes 2016 Article IV Mission to Equatorial Guinea ...EIN News (press release)

all 2 news articles »


OilVoice | Equatorial Guinea signs Memorandum of Understanding ... - OilVoice

OilVoice

OilVoice | Equatorial Guinea signs Memorandum of Understanding ...
OilVoice
The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea signed an historic memorandum of understanding with Shell Group on July 4, 2016.
New Deal Signed by Equatorial Guinea and Shell to Increase Oil ...EIN News (press release)

all 1 news articles »


Uganda-Equatorial Guinea ties to grow Museveni - New Vision

New Vision

Uganda-Equatorial Guinea ties to grow Museveni
New Vision
Museveni appreciated the excellent bilateral relationship between the two brotherly countries, Equatorial Guinea and Uganda, saying that Uganda will do all it takes to strengthen the relationship under his leadership for the common good of the two ...



What should we know about equatorial Guinea leader? - NAIJ.COM

NAIJ.COM

What should we know about equatorial Guinea leader?
NAIJ.COM
Equatorial Guinea poses the president who has been in power for more than thirty years. Teodoro Obiang Nguema Mbasogo is supposed to be one of the most lost lasting leaders for the 21st century in the world. He became a leader of Equatorial Guinea in ...



Marathon Flows Gas From Alba B3 Offshore Equatorial Guinea - E&P

TheFounders Daily

Marathon Flows Gas From Alba B3 Offshore Equatorial Guinea
E&P
Marathon Oil Corp. (NYSE: MRO) has achieved first gas production through its new Alba B3 offshore compression platform offshore Equatorial Guinea, the company said in a news release. The production enables Marathon Oil to convert about 130 million ...
Marathon Oil Announces First Gas Production From Alba B3 Off Equatorial GuineaNasdaq
Marathon sees first gas from Alba B3 offshore Equatorial GuineaSeeking Alpha
Marathon Oil Flows First Gas from Alba B3 Platform Off Equatorial GuineaRigzone
OilPrice.com -OE Digital -Energy Voice
all 159 news articles »