EQUATORIAL GUINEA POPULATION: 633,4411 VISITOR FROM HERE!
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|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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Equitorial Guinea and Burkina Faso are both in West Africa:
(BY THE WAY, THIS SHOULD BE COMMON KNOWLEDGE BY NOW, BUT IF YOU CAN'T READ SOME OF MY PICTORIALS, JUST CLICK ON IT.) Equitorial Guinea is located just south of Cameroon, and is known for scandals:
1. Corruption, which is why:
It ranks 121st on the Human Development Index, and 151st on the Transparency International Corruption Index. This year’s human development report, Beyond scarcity: Power, poverty and the global water crisis, listed Equatorial Guinea as the worst off country in Africa, where nearly 60% of its population lacks access to clean water.
2. Exxon and practices of oil companies:
ExxonMobil and other leading oil companies are to face an investigation into how up to $500m (£310m) came to be paid into a private US bank account, said to be solely controlled by the President of Equatorial Guinea.
3. Bank transfers, epitomized by Riggs Bank of DC:
The abuses at Riggs led Congress to consider forming a single agency with greater authority to enforce money laundering and currency control laws. Daniel E. Stipano, deputy chief counsel for the Office of the Comptroller of the Currency, said, "What happened with Riggs is unacceptable. It cannot be repeated."
You can be a tourist in EG. There is no travel alert, but caution is advised. Violent crime is rare.
If anyone from Equitorial Guinea again clicks on this blog, and is reading this, please let me know if conditions today are better.