What is the government like in Equatorial Guinea?
What is the government like in Equatorial Guinea?
Republic
DictatorshipUnitary statePresidential systemOne-party state
Equatorial Guinea/Government
Equatorial Guinea is nominally a multiparty constitutional republic. Since a military coup in 1979, President Teodoro Obiang Nguema Mbasogo has dominated all branches of government in collaboration with his clan and political party, the Democratic Party of Equatorial Guinea (PDGE), which he founded in 1991.
Is Equatorial Guinea the poorest country in Africa?
It is ranked as number 54 in terms of countries with the lowest GDP per capita in Africa. On a global scale, Somalia is ranked at 188. The poorest countries in Africa are also among the poorest countries in the world….Poorest Countries In Africa 2021.
| Country | Equatorial Guinea |
|---|---|
| GDP (IMF ’19) | $12.43 Bn |
| GDP (UN ’16) | $10.68 Bn |
| Per Capita | $10.68 Bn |
Are Equatorial Guineans rich?
Since the start of oil production in the mid-nineties, Equatorial Guinea has become Africa’s wealthiest nation on a per-capita basis, and the third-largest oil producing country in sub-Saharan Africa.
Who is involved in the corruption in Equatorial Guinea?
The individual who has become most associated in the international media with the corruption of Equatorial Guinea’s leaders is Teodorin Obiang, a son of the president whose lavish lifestyle in southern California, Paris, and elsewhere has made headlines and been the target of investigations by American and French authorities, among others.
How is the government of Equatorial Guinea doing?
From 1996 to 2013, the Economic Intelligence Unit gave the country a score of 0.0 for “control of corruption”. On the National Resource Governance Institute’s Resource Governance Index, Equatorial Guinea received a “failing” score of 13/100, ranking 56th out of 58 countries.
Where was the money extorted from Equatorial Guinea?
Between 1995 and 2004, much of the money extorted from the people of Equatorial Guinea by the Nguema/Mongomo group was deposited in Riggs Bank in Washington, D.C. According to Human Rights Watch, Riggs had been aware of the level of corruption and human rights concerns in the country.
Which is the worst country in the world for corruption?
Political corruption in Equatorial Guinea is high by world standards and considered among the worst of any country on earth.