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AfricaFocus Bulletin
Country-focused Bulletins
Feb 1, 2011 Equatorial Guinea: Oil but No Rights, 2
"Obiang's eldest son, Teodorin, bought a $35 million property in
California in 2006. In 2004, he spent about $8.45 million for
mansions and luxury cars in South Africa. His only known income was
a $4,000 monthly salary as a government minister. His $43.45
million in spending on his lavish lifestyle from 2004 to 2006 was
more than the $43 million the government spent on education in
2005." - Human Rights Watch
Feb 1, 2011 Equatorial Guinea: Oil but No Rights, 1
"For the past three decades, Obiang has proudly presided over one
of Africa's most devastating humanitarian and political disasters.
With a per capita GDP comparable to Portugal or Korea, Equatorial
Guinea's national income is the highest in sub-Saharan Africa - and
yet over 60 per cent of the population struggle to live on less
than a dollar a day. Since oil was discovered in 1995, President
Teodoro Obiang's family and close associates have grown fabulously
wealthy, while the majority of the population remain mired in
poverty." - Abena Ampofoa Asare
Feb 8, 2010 USA/Africa: Two to Tango
Corruption is not a solitary activity, and the networks that
promote corruption are rarely confined to one country or one
continent. For corruption in Africa, countries outside the
continent enter the picture not only when foreign companies pay
bribes for access. They are also a preferred location for stolen
wealth. A newly released investigative report from a U.S. Senate
Subcommittee provides four detailed case studies of funds from
Equatorial Guinea, Gabon, Nigeria, and Angola, tracing connections
to U.S. banks, lawyers, real-estate agents, financial institutions,
and even a university.
Jul 28, 2004 USA/Africa: Oil and Transparency
Recent Bulletins on Continent-Wide Issues
Feb 3, 2012 Africa: Paying for Health
Dec 30, 2011 Africa: Review 2011 with AfricaFocus
Dec 17, 2011 Africa: Capital Flight Updates
Dec 17, 2011 Africa: Measuring Capital Flight
Dec 12, 2011 Africa: Books New & Notable 2011
Dec 7, 2011 Africa: Carbon Trading Deceptions
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