Equatorial Guinea Africa’s richest country

(Johannesburg) – Authorities in Equatorial Guinea should invite international experts to conduct an independent investigation into the March 7, 2021 explosion at a military camp in Bata, the country’s largest city, Human Rights Watch and EG Justice said today.

Official statements about the cause of the incident have been questioned. Immediately after the explosion, President Teodoro Obiang issued a statement announcing that he had asked the “competent courts” to conduct an investigation, while claiming that it was caused by a “fire in the nearby grounds set by neighbors” and by the “negligence of the unit” in charge of protecting the explosives. In another statement, the president also blamed “farmers for burning stubble in the fields” and the team in charge of guarding the ammunition.

Unverified versions circulating in the country claim that the fire was set by soldiers who were ordered to burn stubble and then spread to the armory, or that it started during a training on the use of explosives that went wrong. The president’s hasty statement deflecting blame from the military and speculation about the causes underscore the need for an independent investigation, argue Human Rights Watch and EG Justice.

What wealth does Equatorial Guinea have?

With a wealth of natural resources, such as oil and gas, the country also has a strong industry in sectors such as agriculture, livestock, fisheries and forestry.

Why is Guinea an underdeveloped country?

Republic of Guinea: causes of poor development

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Limited job opportunities and underdeveloped industries have led the Republic of Guinea to end up in the top 5 underdeveloped countries in the world. Forced labor that does not pay enough, resulting in a pronounced level of poverty.

What is produced in Guinea?

Agriculture, which employs about 80 percent of the available labor force in the country, has cashew nuts and cotton as its main products. Guinea is, however, a country rich in mineral reserves, including bauxite, which represents a third of the world’s total.

Social characteristics of guinea

However, subsistence agriculture is one of the most widespread activities among the population. Although cocoa production had been important in colonial Equatorial Guinea, the neglect of the rural economy under successive dictatorial regimes has diminished the potential for agriculture-based growth. However, the government has signaled its intention to reinvest some of the oil profits in agriculture.

The regime of Francisco Macias Nguema led to a colossal collapse between 1969 and 1978. Even the fall in population – which cushions the decline in GDP per capita – was due to a massive flight caused by the brutality of that regime.

The recovery appeared in the period of the presidency of Teodoro Obiang Nguema, which in economic terms had three parts: the one presided by the reorganization of the nkuele in the peseta area (1979-84); then, the entry of Equatorial Guinea in the CFA franc area, which gave way, in 1995, to the stage of the oil explosion up to the present time.

What is the country of Guinea like?

Guinea is located on the west coast of Africa. It is bordered to the north by Guinea-Bissau and Senegal, to the south by Sierra Leone, to the southeast by Liberia and to the east by Mali and Ivory Coast. The country is characterized by a coastal area, often covered by mangroves, where the capital Conakri is located.

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What is the minimum wage in Equatorial Guinea?

Equatoguinean legislation is quite protective of workers’ rights, recognizing a variable indemnity per year worked. The minimum salary is set at 120,000 CFA Francs, but expatriate salaries are usually much higher. The working hours are generally forty hours per week.

What are the most commonly used minerals in Equatorial Guinea?

In doing so, Equatorial Guinea intends to take full advantage of its mineral potential, especially in the Rio Muni area, which is highly prospective for minerals such as gold, diamonds, base metals, iron ore and bauxite.

Equatorial Guinea poverty

In 2018, the country was the 125th largest exporter in the world (US $ 4500 million in goods, less than 0.1% of the world total). [3][4] In terms of imports, in 2019, it was the 137th largest importer in the world: US $ 4100 million. [5]

In livestock, Guinea produced, in 2019, 225 million liters of cow milk, 39 million liters of goat milk, 15 million liters of sheep milk, 99 000 tons of beef, 16 000 tons of goat meat, 11 000 tons of chicken meat, 8900 tons of lamb meat, among others. [8]

What are underdeveloped states?

An underdeveloped country, or least developed country, is one that has a low level of gross domestic product (GDP) per capita and presents structural impediments to sustained economic growth. It shows, for example, high levels of inequality and corruption.

What is an underdeveloped country?

A country is defined as underdeveloped when it has a low gross domestic product (GDP), i.e., it has a low per capita income and also has social, cultural and political problems, which slows down its expansion and growth in every sense.

What type of agriculture is practiced in Equatorial Guinea?

Traditional crops focus on cocoa, coffee, sugar cane and fruit, along with timber harvesting. For a country

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Natural resources of guinea-bissau

Guinea is divided into eight administrative regions and subdivided into 33 prefectures. Conakri is the capital, the largest city and the most important economic center. Other important cities are Kankan, Nzérékoré, Kindia, Labé, Guéckédou, Mamou and Boke.

The 10 million Guineans belong to 24 ethnic groups, of which the most important are the N’ko with 40 %, the Fula with 30 % and the Susu with 20 %. Guinea is a predominantly Muslim country (85 %), with a significant percentage of Catholic Christians living in the forests in the south of the country.

Guinea is very rich in minerals, including bauxite, diamonds, gold and aluminum. Its economy depends on agriculture and mining. Guinea is an underdeveloped country with a significant proportion of its population (over 60%) living below the poverty line. French is the official language of Guinea and is the most widely used language in schools, the administration, the media and the security forces. However, each of Guinea’s 24 tribes has its own language.

By Rachel Robison

Rachel Robison is a blogger who collects information on court filings and notices.