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Topic: Economy of Equatorial Guinea


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In the News (Sat 2 Jun 12)

  
  Economy of Equatorial Guinea - Wikipedia, the free encyclopedia
Equatorial Guinea responded with an 82-point reort claiming that the Senate had been "duped" by "pressure groups"[2], naming specifically a $40,000 contract between a lobbying group and Severo Moto Nsa, an EquatoGuinean living in self-imposed exile who uses his website to make wild accusations against Obiang[3].
Equatorial Guinea's foreign debt stock was approximately francs CFA 69 billion (100 M$US) in 2000, slightly less than the debt stock in 1999, according to BEAC data.
Equatorial Guinea in the 1980s and 1990s received foreign assistance from numerous bilateral and multilateral donors, including European countries, the United States, and the World Bank.
en.wikipedia.org /wiki/Economy_of_Equatorial_Guinea   (3305 words)

  
 Equatorial Guinea - Wikipedia, the free encyclopedia
The Republic of Equatorial Guinea is a nation in west central Africa, and one of the smallest countries in continental Africa.
It borders Cameroon on the north, Gabon on the south and east, and the Gulf of Guinea on the west, where the islands of São Tomé and Príncipe lie to its southwest.
Formerly the Spanish colony of Spanish Guinea, the country's territory (continentally known as Río Muni) includes a number of islands, including the sizable island of Bioko where the capital, Malabo (formerly Santa Isabel), is located.
en.wikipedia.org /wiki/Equatorial_Guinea   (1785 words)

  
 Equatorial Guinea Economy
Equatorial Guinea is estimated to have 2,600 MW of hydropower potential.
Equatorial Guinea's oil reserves are located mainly in the hydrocarbon-rich Gulf of Guinea, containing estimated probable reserves as high as 10% of the world total.
Zafiro is Equatorial Guinea's largest oil producer, with output rising from an initial level of 7,000 bbl/d in August 1996 to approximately 280,000 bbl/d by 2004.
www.traveldocs.com /gq/economy.htm   (2753 words)

  
 Equatorial Guinea (01/06)
Equatorial Guinea suffered a severe human rights setback in May 2002 when a special tribunal convicted 68 prisoners and their relatives and sentenced them 6 to 20 years in prison for an alleged attempted coup d’etat.
Although Equatorial Guinea lacks a well-established democratic tradition comparable to the developed democracies of the West, it should be noted that, out of the anarchic, chaotic, and repressive conditions of the Macias years the country has made small, haphazard steps toward the development of participatory political system.
Equatorial Guinea is also part of the central Africa CFA franc zone and the Cameroon-based Bank of Central African States coordinates monetary policy.
www.state.gov /r/pa/ei/bgn/7221.htm   (7398 words)

  
 Index of Economic Freedom 2004 - Countries   (Site not responding. Last check: 2007-09-08)
Equatorial Guinea’s fiscal burden of government score is 0.6 point worse this year, but its government intervention score is 1 point better.
Equatorial Guinea is a member of the Central African Economic and Monetary Community (CEMAC), which also includes Cameroon, the Central African Republic, Chad, the Republic of Congo, and Gabon.
Corruption is widespread.” Equatorial Guinea recently became a member of OHADA (Organisation pour l’Harmonisation du Droit des Affaires en Afrique), a regional organization that focuses primarily on training judges and lawyers in commercial law to help reform the protection of property and enforcement of contracts in member countries.
cf.heritage.org /index2004test/country2.cfm?id=EquatorialGuinea   (913 words)

  
 Countryrisk.com Editorials: Equatorial Guinea’s Unhealthy Attractions
Equatorial Guinea is one of those rare cases in which the discovery of oil has not made the country’s politics worse.
Equatorial Guinea’s government already existed in a state of near-total dysfunction.
Equatorial Guinea’s economy expanded by a staggering 1500 percent in a few short years.
www.countryrisk.com /editorials/archives/000287.html   (838 words)

  
 MapZones.com : Equatorial Guinea Economy   (Site not responding. Last check: 2007-09-08)
Equatorial Guinea's economy has depended primarily upon three commodities cocoa, coffee, and timber.
Cocoa, which is of high quality, was the mainstay of the economy of Bioko, which possesses the right soil and climate for its intensive cultivation.
Although pre-freedom Equatorial Guinea counted on cocoa production for hard currency earnings, the deterioration of the rural economy under successive brutal regimes has diminished potential for agriculture-led growth.
www.mapzones.com /world/africa/equatorial_guinea/economyindex.php   (378 words)

  
 THE EXPLOITATION OF PRUNUS AFRICANA ON THE ISLAND OF BIOKO, EQUATORIAL GUINEA
The Republic of Equatorial Guinea consists of three diverse and disparate territories; the island of Bioko (2,017 km²), the mainland territory of Rio Muni (26,017 km²) and the island of Annobon (17 km²).
The colonial economy of Equatorial Guinea was dominated by the cultivation of cocoa (on Bioko) and timber exploitation (Rio Muni), and in the post-war era, it was one of the richest countries in Africa.
Exell, A.W. The vegetation of the islands of the Gulf of Guinea.
www.ggcg.st /bioko/bioko_prunus.htm   (5392 words)

  
 Equatorial Guinea: Economy
Agriculture employs about half the labor force of Equatorial Guinea, although only 5% of the land is arable.
Equatorial Guinea trades principally with Spain, the United States, Cameroon, Japan, and France.
Equatorial Guinea continues to depend heavily on foreign investment.
www.factmonster.com /ce6/world/A0858021.html   (228 words)

  
 Resources (from Equatorial Guinea) --  Encyclopædia Britannica
Equatorial Guinea's economy depended traditionally on three commodities—cocoa, coffee, and timber—but, with the discovery and exploitation of significant reserves of petroleum and natural gas from the 1980s, the country's economic profile changed virtually overnight.
The republic of Equatorial Guinea consists of Río Muni, on the Atlantic coast of West Africa, and the offshore islands of Bioko and Annobon.
The common domestic guinea fowl of North America (Numida meleagris), introduced by the early settlers, is descended from one of the wild African species.
www.britannica.com /eb/article-219201   (794 words)

  
 An MBendi Profile: An MBendi Industry (Sector) Profile for Equatorial Guinea: Oil And Gas Industry including economic ...
Equatorial Guinea is situated on the oil rich Gulf of Guinea and comprises the Rio Muni coastal enclave, the island of Bioko and the islands of Annobon, Corisco, Elobey Grande and Elobey Chico.
Equatorial Guinea’s possessions in the Gulf of Guinea provide it with complex maritime boundaries and territorial delineations.
Equatorial Guinea and Gabon have disputed the ownership of three islands in the Gulf of Guinea, including Mbagne Island, since the 1970s.
www.mbendi.co.za /indy/oilg/af/eq/p0005.htm   (739 words)

  
 Equatorial Guinea
With this financially lucrative export, the country's economy is growing, but critics say the wealth is not filtering down to those who need it most.
In late 1999, Equatorial Guinea ceased to be an IDA country and became eligible for IBRD borrowing.
Bioko and the mainland province of Rio Muni were joined to form Equatorial Guinea in 1963, and granted partial self-government.
us-africa.tripod.com /eqguinea.html   (571 words)

  
 Equatorial Guinea - Gurupedia
The Republic of Equatorial Guinea is a nation of Central Africa.
It borders on Cameroon, Gabon, and the Gulf of Guinea.
The 1982 constitution of Equatorial Guinea gives the President extensive powers, including naming and dismissing members of the cabinet, making laws by decree, dissolving the Chamber of Representatives, negotiating and ratifying treaties and calling legislative elections.
www.gurupedia.com /e/eq/equatorial_guinea.htm   (669 words)

  
 Economy of Equatorial Guinea
Economy - overview: The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years.
Equatorial Guinea has other largely unexploited human and natural resources, including a tropical climate, fertile soils, rich expanses of water, deepwater ports, and an untapped, if unskilled, source of labor.
Equatorial Guinea's foreign debt stock was approximately francs CFA 69 billion (U.S.$ $100 million) in 2000, slightly less than the debt stock in 1999, according to BEAC data.
www.fastload.org /ec/Economy_of_Equatorial_Guinea.html   (2617 words)

  
 Equatorial Guinea
Equatorial Guinea, formerly Spanish Guinea, consists of Río Muni (10,045 sq mi; 26,117 sq km), on the western coast of Africa, and several islands in the Gulf of Guinea, the largest of which is Bioko (formerly Fernando Po) (785 sq mi; 2,033 sq km).
Equatorial Guinea: Bibliography - Bibliography See M. Liniger-Goumaz, Historical Dictionary of Equatorial Guinea (1988); I. Equatorial Guinea: Economy - Economy Agriculture employs about half the labor force of Equatorial Guinea, although only 5% of...
UN: ICJ authorizes Equatorial Guinea to intervene in cacase of boundary between Cameroon and Nigeria.
www.infoplease.com /ipa/A0107493.html   (675 words)

  
 African Energy – Equatorial Guinea   (Site not responding. Last check: 2007-09-08)
Oil is Equatorial Guinea's most valuable asset, and the country recently has emerged as an important oil producer in the Gulf of Guinea, one of the world's most prospective hydrocarbon regions.
Equatorial Guinea maintained that the Ekanga wells were drilled in its territorial waters in Block B. In September 2000, it was announced that Equatorial Guinea and Nigeria had signed a pact delineating their maritime boundaries.
Equatorial Guinea's total electricity generation was estimated at 21 million kilowatthours in 1998.
www.africa-energy.com /html/public/data/eq-guinea.html   (3503 words)

  
 Economy and Government - Equatorial Guinea - Africa
An exchange rate of 50 CFA francs equal to 1 French franc was enforced from 1948 until 1994, when the CFA franc was devalued by 50 percent.
Under the 1982 constitution, Equatorial Guinea was a single-party state.
This governmental party was named the Democratic Party of Equatorial Guinea in 1987.
www.countriesquest.com /africa/equatorial_guinea/economy_and_government.htm   (195 words)

  
 BBC NEWS | World | Africa | Country profiles | Country profile: Equatorial Guinea
In 1996 Equatorial Guinea's first multi-party presidential election was held amid reports of widespread fraud and irregularities, returning President Obiang Nguema with 99% of the vote.
Equatorial Guinea's territory includes the island of Bioko, off the Cameroonian coast, which hosts the capital, Malabo.
An ethnic Fang, Teodoro Obiang Nguema was born in 1942 in mainland Equatorial Guinea.
news.bbc.co.uk /1/hi/world/africa/country_profiles/1023151.stm   (474 words)

  
 afrol News - New oil exploration offshore Equatorial Guinea
Equatorial Guinea's GEPetrol is to have a 5 percent carried interest once commerciality has been determined.
Also the Atlas Group is already widely present in Equatorial Guinea, where it already holds three other licenses - on Blocks H, J and P - and operates in several other West African states.
Equatorial Guinea's oil sector is dominated by minor US companies that are obliged to maintain good ties with the country's presidency.
www.afrol.com /articles/13928   (639 words)

  
 Equatorial Guinea Country Analysis Brief   (Site not responding. Last check: 2007-09-08)
Equatorial Guinea is comprised of a mainland area (Rio Muni province) and a series of small islands, the largest of which, Bioko Island, houses the country's capital, Malabo.
Equatorial Guinea's domestic petroleum consumption is estimated at 2,000 bbl/d, primarily in the form of motor fuel.
Although largely undeveloped, Equatorial Guinea is estimated to have 11,000 MW of hydropower potential, of which 50% is deemed economically recoverable.
www.eia.doe.gov /emeu/cabs/eqguinea.html   (2493 words)

  
 An MBendi Profile: An MBendi Country Profile for Equatorial Guinea including economic and travel overviews and ...   (Site not responding. Last check: 2007-09-08)
The discovery of oil resources in Equatorial Guinea drastically changed the nature of the country’s economy as it had previously consisted chiefly of agriculture.
The telephone system in Equatorial Guinea is quite poor with the existing phone lines being just adequate enough for government communication.
Equatorial Guinea has a number of chambers of commerce and industry and details of these can be found via our Organisation Search, as can details of relevant government departments.
mbendi.co.za /cyeqcy.htm   (1327 words)

  
 BBC News | BUSINESS | Equatorial Guinea applies to join WTO
The government was acting because it could not "remain on the fringes of the globalisation and development of the world's economy", the WTO said in a statement.
"At the international level, Equatorial Guinea's political philosophy is a free market economy within the context of trade liberalization, which is also one of the principles underpinning the creation of the WTO," it added.
Equatorial Guinea's economy was dependent upon agriculture but this situation was drastically changed with the discovery of large oil reserves.
news.bbc.co.uk /hi/english/business/newsid_1911000/1911398.stm   (318 words)

  
 Equatorial Guinea on Encyclopedia.com   (Site not responding. Last check: 2007-09-08)
EQUATORIAL GUINEA [Equatorial Guinea], officially Republic of Equatorial Guinea, republic (2005 est.
Equatorial Guinea severed its diplomatic ties with Spain in 1977.
UN: Equatorial Guinea requests permission to intervene in proceedings of Cameroon and Nigeria.
www.encyclopedia.com /html/E/EquatrG1u.asp   (2065 words)

  
 allAfrica.com: Equatorial Guinea
VISITING Equatorial Guinea President, Obiang Nguema Mbasogo and his wife, Madame Constancia Mangue Mbasogo, yesterday toured the National Heroes Acre where President Mbasogo laid a wreath at the Tomb of the Unknown Soldier.
EQUATORIAL Guinea President Obiang Nguema Mbasogo arrived in the country for a three-day State visit yesterday afternoon to a rousing welcome.
EQUATORIAL Guinea President Obiang Nguema Mbasogo is expected to arrive in the country this afternoon on a three-day State visit.
allafrica.com /equatorialguinea   (385 words)

  
 Equatorial Guinea
Spanish Guinea, as it was then called, gained independence from Spain on Oct. 12, 1968.
Atlas: Equatorial Guinea - Facts on Equatorial Guinea: flags, maps, geography, history, statistics, disasters current events, and international relations.
Equatorial Guinea: History - History Before Independence Bioko was claimed by (and until 1972 named after) Fernão do Po,...
www.factmonster.com /ipka/A0107493.html   (580 words)

  
 afrol News - Spain calls on EU to warn Equatorial Guinea
With the lack of transparency in Equatorial Guinea prevailing, the EU should develop "a clear attitude" towards the dictatorship.
The letter points to "the complex relations with the Obiang family" maintained by the foreign oil companies, which were closely referred to in the US Senate report, leading the signatories to suppose the oil companies were engaged in "illegal relationship with the dictatorship" in Equatorial Guinea.
Based on these concerns, the political parties and trade unions urge the European Parliament to adopt "a clear attitude regarding the situation in Equatorial Guinea, which, in accordance with the desire of the large majority of its citizens, contributes to democratisation, well-being and peace" in the country.
www.afrol.com /articles/14576   (734 words)

  
 Economy Of Equatorial Guinea   (Site not responding. Last check: 2007-09-08)
If you would like to use this flag of Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Equatorial Guinea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/equatorial_guinea_country_economy.shtml   (517 words)

  
 Equatorial Guinea, Map and Flag
I still wonder if kinshasa,democratic Republic Of Congo is still the jungle it is being known to be in the early 70's.The word rumbling in the jungle used in the description of kinshasa was first used when two world heavyweights boxers Muhammed Ali & George Foreman Fight for supramacy in kinshasa.
Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule.
President OBIANG NGUEM MBASOGO has ruled the tiny country, composed of a mainland portion plus five inhabited islands and one of the smallest countries on the African continent, since he seized power in a coup in 1979.
www.greatestcities.com /Africa/Equatorial_Guinea.html   (989 words)

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