Francisco Macías Nguema

Discovery of Oil Before Spain relinquished control of Equatorial Guinea in the late 1960s, they tried unsuccessfully to discovery an area suitable for the extraction of oil. During the reign of Francisco Marcias Nguema from his election in 1968 until his execution in 1979, the dominant economic export for Equatorial Guinea, cocoa (which used to accumulate close to seventy-five percent of the Gross Domestic Product) steadily plunged to yielding only a seventh of the Gross Domestic Product (GDP)

What was the purpose of the American Revolutionary War, or any revolutionary war, for that matter? There are many types of government in the world, and like everything, some are better than others. The people in the countries that had revolutionary wars had the drive and determination to rebel against their government, for what they believed was right, because, well, they did not like their government and wanted another kind. Within the hundreds of types of governments, the most common include

the intent to harm humans. This is a form of power because a person is willing to harm others in order to get people to do what is asked. Spain allowed Equatorial Guinea to become independent and organized its first election. A very insecure Macias Nguema won the elections. People spoke out about their opposition against his leadership. Macias jailed them and two were noted, “both were murdered: one first had his legs broken and was then starved” (20). Also, after “political reshuffles; ten of the

April 14, 2014 The Resource Curse. A catalyst for bad governance. The Case of Equatorial Guinea The Resource Curse- a Catalyst of Corruption? Richard Day, an economist with a post graduate degree from the London School of Economics analyses the benefits of abundance of natural resources to African countries and why it is not the main reason for corruption. Richard makes a case for some of the top oil producers in the world which includes the Northern part of America which produces more oil than all

Equatorial Guinea is located in the ‘arm- pit’of Africa and is the only African country with Spanish as the official language. Bought from Portugal in the eighteenth century, Equatorial Guinea became one of a select few countries that Spain colonized. (“Countries and their Cultures,” n.d.). However, when the country became a burden rather than an asset, Spain sought to find a buyer in the international system. Most colonial powers cited how they refused to touch the Equatorial Guinea, which was