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Equatorial Guinea

Reports on Equatorial Guinea See all

Equatorial Guinea's president Teodoro Obiang Nguema Mbasogo speaking to the United Nations last year (photo:dpa)

Economics: Who benefits from Equatorial Guinea's vast oil riches?

Africa's longest-serving president runs a country which has seen its GDP increase from US$150million to US$25billion in less than 20 years. The wealth is all due to the discovery of huge oil reserves. But how much of this good fortune is shared with the country's tiny population. This report looks at the family running the country.


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