Equatorial Guinea is a nation of about 668,000 people in western Africa, composed of a mainland portion between Cameroon and Gabon, plus five inhabited islands. It is is one of the smallest countries on the African continent.
The terraine of Equatorial Guinea is coastal plains which rise to interior hills on the mainland. The islands are volcanic. The insular and continental regions are widely separated.
Equatorial Guinea is vulnerable to violent windstorms and flash floods.
Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule.
President Teodoro Obian 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, 2004, and 2008 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, improvements in the population's living standards have been slow to develop.
Geography
Location: Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon
Geographic Coordinates: 2 00 N, 10 00 E
Area:28,051 km2 (28,051 km2 land and 0 km2water)
Land Boundaries: 539 km. Border countries: Cameroon 189 km, Gabon 350 km
Volcanism: Santa Isabel (elev. 3,007 m), which last erupted in 1923, is the country's only historically active volcano. Santa Isabel, along with two dormant volcanoes, forms Bioko Island in the Gulf of Guinea
Terrain: Coastal plains rise to interior hills; islands are volcanic.The highest point is Pico Basile (3,008 m).
Ecoregions of Equatorial Guinea. Source: World
Wildlife Fundd
Government
Type: Republic
Capital: Malabo. Population: 128,000 (2009)
Administrative Divisions: 7 provinces (provincias, singular - provincia);
Annobon
Bioko Norte
Bioko Sur
Centro Sur
Kie-Ntem
Litoral
Wele-Nzas
Source: Wikimedia Commons
Independence Date: 12 October 1968 (from Spain)
Legal System: partly based on Spanish civil law and tribal custom; has not accepted compulsory International Court of Justice jurisdiction
Suffrage: 18 years of age; universal
International Agreement
Equatorial Guinea is party to treaties on: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
The discovery and exploitation of large oil and gas reserves have contributed to dramatic economic growth but fluctuating oil prices have produced huge swings in GDP growth in recent years.
Forestry and farming are also minor components of GDP. Subsistence farming is the dominate form of livelihood.
Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture).
A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement.
The government has been widely criticized for its lack of transparency and misuse of oil revenues. However, in 2010, under Equatorial Guinea's candidacy in the Extractive Industries Transparency Initiative, the government published oil revenue figures for the first time.
Undeveloped natural resources include gold, zinc, diamonds, columbite-tantalite, and other base metals.
Growth remained strong in 2008, when oil production peaked, but slowed in 2009-10, as the price of oil and the production level dropped.
Growth returned in 2011 stimulated by higher oil prices and large investments in public infrastructure and hotels.
GDP (purchasing power parity): $26.11 billion (2011 est.)
GDP (official exchange rate): $19.4 billion (2011 est.)
Central Intelligence Agency, World Wildlife Fund (Lead Author);CIA World Factbook (Content Source);Lakhdar Boukerrou, Peter Saundry (Topic Editor) "Equatorial Guinea". In: Encyclopedia of Earth. Eds. Cutler J. Cleveland (Washington, D.C.: Environmental Information Coalition, National Council for Science and the Environment). [First published in the Encyclopedia of Earth May 31, 2009; Last revised Date February 9, 2012; Retrieved February 10, 2012 <http://www.eoearth.org/article/Equatorial_Guinea>
The Authors
The Central Intelligence Agency was created in 1947 with the signing of the National Security Act by President Harry S. Truman. The act also created a Director of Central Intelligence (DCI) to serve as head of the United States intelligence community; act as the principal adviser to the President for intelligence matters related to the national security; and serve as head of the Central Intelligence Agency. The Intelligence Reform and Terrorism Prevention Act of 2004 amended the National Securit ... (Full Bio)
Known worldwide by its panda logo, World Wildlife Fund (WWF) leads international efforts to protect endangered species and their habitats. Now in its fifth decade, WWF works in more than 100 countries around the globe to conserve the diversity of life on Earth. With nearly 1.2 million members in the U.S. and another 4 million worldwide, WWF is the world's largest privately financed conservation organization. WWF directs its conservation efforts toward three global goals: 1) saving endangered ... (Full Bio)
Equatorial Guinea is a nation of about 668,000 people in western Africa, composed of a mainland portion between Cameroon and Gabon, plus five inhabited islands. It is is one of the smallest countries on the African continent.
The terraine of Equatorial Guinea is coastal plains which rise to interior hills on the mainland. The islands are volcanic. The insular and continental regions are widely separated.
Equatorial Guinea is vulnerable to violent windstorms and flash floods.
Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule.
President Teodoro Obian 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, 2004, and 2008 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, improvements in the population's living standards have been slow to develop.
Geography
Location: Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon
Geographic Coordinates: 2 00 N, 10 00 E
Area:28,051 km2 (28,051 km2 land and 0 km2water)
Land Boundaries: 539 km. Border countries: Cameroon 189 km, Gabon 350 km
Volcanism: Santa Isabel (elev. 3,007 m), which last erupted in 1923, is the country's only historically active volcano. Santa Isabel, along with two dormant volcanoes, forms Bioko Island in the Gulf of Guinea
Terrain: Coastal plains rise to interior hills; islands are volcanic.The highest point is Pico Basile (3,008 m).
Ecoregions of Equatorial Guinea. Source: World
Wildlife Fundd
Government
Type: Republic
Capital: Malabo. Population: 128,000 (2009)
Administrative Divisions: 7 provinces (provincias, singular - provincia);
Annobon
Bioko Norte
Bioko Sur
Centro Sur
Kie-Ntem
Litoral
Wele-Nzas
Source: Wikimedia Commons
Independence Date: 12 October 1968 (from Spain)
Legal System: partly based on Spanish civil law and tribal custom; has not accepted compulsory International Court of Justice jurisdiction
Suffrage: 18 years of age; universal
International Agreement
Equatorial Guinea is party to treaties on: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
The discovery and exploitation of large oil and gas reserves have contributed to dramatic economic growth but fluctuating oil prices have produced huge swings in GDP growth in recent years.
Forestry and farming are also minor components of GDP. Subsistence farming is the dominate form of livelihood.
Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture).
A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement.
The government has been widely criticized for its lack of transparency and misuse of oil revenues. However, in 2010, under Equatorial Guinea's candidacy in the Extractive Industries Transparency Initiative, the government published oil revenue figures for the first time.
Undeveloped natural resources include gold, zinc, diamonds, columbite-tantalite, and other base metals.
Growth remained strong in 2008, when oil production peaked, but slowed in 2009-10, as the price of oil and the production level dropped.
Growth returned in 2011 stimulated by higher oil prices and large investments in public infrastructure and hotels.
GDP (purchasing power parity): $26.11 billion (2011 est.)
GDP (official exchange rate): $19.4 billion (2011 est.)
Comments
There are no comments.