Equatorial Guinea

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Official Name:
República de Guinea Ecuatorial
République de la Guinée Équatoriale
short form: none
int’l form: Equatorial Guinea
former: Spanish Guinea

ISO Country Code: gq

Time:
Local Time = UTC +1h
 

Country Calling Code: +240

Capital City: Malabo (on the island Bioko)
Bata (the economícal capital)

Other Cities: Luba (also on Bioko) and Bata and Ebebiyín in Río Muni, the mainland.

Government:
Nominally multi-party Republic with strong domination by the executive branch.
Independence: 12 October 1968 (from Spain).

Geography:
Location: West central Africa bordering the Bight of Biafra.
Area: 28,000 km² (10,800 sq. miles)
Terrain: Varies. Annobón and Bioko Island are of volcanic origin, Río Muni the mainland stretches from coastal plain to hilly.

Climate: Tropical; always hot and humid.

People:
Nationality: Equatorial Guinean, Equatoguinean
Population: 700,000 (2011, UN estimate)
Ethnic groups: The mainland ethnic group of the Fang constitutes the great majority of the population and dominates political life and business. The Bubi people (50 000) of Bioko Island; other–Annobonese, Ndowe, Kombe, and Bujebas. The pygmy populations have long been integrated into the dominant Bantu-speaking cultures.
Languages: Spanish, French (both official); other–pidgin English, Fang, Bubi, Ibo.
Religion: Christianity; pagan practices.
Literacy: 84%

Natural resources: Petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum.

Agriculture products: Main–cocoa, timber; other: coffee, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock.

Industries: petroleum, natural gas, fishing, sawmilling.

Exports partners: USA 29.3%, China 22.8%,Spain 16%, Taiwan 14.9%, Canada 6.8% (2004)

Imports partners: USA 26.8%, Cote d’ Ivoire21.4%, Spain 13.6%, France 8.8%, UK 7.8%,Italy 4.4% (2004)

Currency: CFA Franc (XAF)

Sources: GE Dirección General de Estadística y Cuentas Nacionales and others.

Background:
The country gained independence in 1968 after 190 years of Spanish rule. President OBIANG NGUEMA MBASOGO has ruled the country for over two decades since seizing power from his uncle, then President MACIAS, in a 1979 coup. Although nominally a constitutional democracy since 1991, the 1996 and 2002 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 also 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 rapid growth in real GDP, there is strong evidence of government misappropriation of oil revenues, in particular, for lavish personal expenditures. Furthermore, the failure of the government to inject oil revenues into the country’s economy, especially to fund much-needed improvements in the country’s infrastructure, has meant little improvement in the economic and social welfare of most Equatoguineans.

(Source: CIA – The World Factbook and US Department of Energy Information)

border countries: ,
related countries: Sao Tome and Principe, Spain


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