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by Alex Vines ยท 2009
ISBN: Unavailable
Category: Unavailable
Page count: 102
This 107-page report details how the dictatorship under President Teodoro Obiang Nguema Mbasogo has used an oil boom to entrench and enrich itself further at the expense of the country's people. Since oil was discovered there in the early 1990s, Equatorial Guinea's gross domestic product (GDP) has increased more than 5,000 percent, and the country has become the fourth-largest oil producer in sub-Saharan Africa. At the same time, living standards for the country's 500,000 people have not substantially improved.--Publisher description.