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Equatorial Guinea

Equatorial Guinea, located in central and western Africa, neighbors Atlantic in the west and Cameroon in the north, and borders Gabon in the east and south. It is composed of the mainland Muni River and Bioko, Annoben, Corrisco and other islands within the Gulf of Guinea.

Equatorial Guinea's economy is dominated by farming, with its main export products being cocoa, followed by coffee. The country has long been included in the list of the world's least-developed countries, while in 1996 rich oil resources were discovered in the territorial waters of Equatorial Guinea, then the country saw a rapid economic growth, with its per capita GDP already reaching 20,000 US dollars. However, the vast majority of oil revenues is in the command of government officials and the ruling group, therefore the country's is still in poverty in terms of overall economic income.

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