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The Trial Of One Of Africa’s Most Corrupt Politicians Shows That Fighting Graft Is Global

The Trial Of One Of Africa’s Most Corrupt Politicians Shows That Fighting Graft Is Global

For the past three weeks, in a crowded and sweltering Paris courtroom, the vice president of Equatorial Guinea has been on trial over allegations that he laundered tens of millions of dollars in France. Prosecutors allege that Teodoro Nguema Obiang Mangue, known by the nickname “Teodorin,” earned around $80,000 per year as agriculture minister during the period […]

France Demands 3-Year Jail Term for Equatorial Guinea President’s Son

France Demands 3-Year Jail Term for Equatorial Guinea President’s Son

French prosecutors said on Wednesday they were seeking a three-year jail term and a 30 million euro fine for Equatorial Guinea’s Vice President Teodorin Obiang, on trial in absentia for embezzlement. The 48-year-old son of President Teodoro Obiang Nguema is charged with using money plundered from his country’s state coffers to fund a jet-set lifestyle […]

Two African Countries Get Temporary United Nations Seat

Two African Countries Get Temporary United Nations Seat

U.N. member states elected six countries Friday to temporary seats on the Security Council, the U.N. body responsible for maintaining international peace and security. Starting January 1, 2018, Ivory Coast, Equatorial Guinea, Kuwait, Poland and Peru will serve two-year terms, while the Netherlands will join for one year, in a special arrangement with Italy. The […]

Exiled Former President Yahya Jammeh ‘To Take Up Farming Full Time’

Exiled Former President Yahya Jammeh ‘To Take Up Farming Full Time’

Gambia’s exiled former leader Yahya Jammeh has reportedly disclosed plans to take up farming “full time”. Quoting the Jeune Afrique newspaper, a BBC report said that Jammeh was set to go into farming. An unnamed diplomat in Equatorial Guinea was cited as the source of the story, the report said. It was not clear what […]

Equatorial Guinea confirms hosting ousted Gambian dictator Yahya Jammeh

Equatorial Guinea confirms hosting ousted Gambian dictator Yahya Jammeh

Equatorial Guinea confirmed on Tuesday it was hosting ousted Gambian leader Yahya Jammeh, who fled his country after West African troops threatened to remove him by force if he did not concede his election defeat. Information Minister Eugenio Nse Obiang confirmed that Jammeh was in the country in a statement sent out to journalists. He […]

Why Poverty Plagues a High-Income Equatorial Guinea

Why Poverty Plagues a High-Income Equatorial Guinea

The African Union’s discussions about poverty have never focused on Equatorial Guinea, a small but oil-rich country boasting the highest per capita income on the continent. But with its foreign minister, Agapito Mba Mokuy, seeking the African Union Commission chairmanship, it is worth asking why the central African nation has done so poorly on social […]

Third largest oil and gas producer in sub-Saharan Africa agrees to production cuts

Third largest oil and gas producer in sub-Saharan Africa agrees to production cuts

The Ministry of Mines and Hydrocarbons of Equatorial Guinea announces that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017. H.E. Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and present the Government of Equatorial Guinea’s offer […]

L’Afrique bénéficie d’un nouveau service par satellite au détail, Jola, d’iWay Africa

L’Afrique bénéficie d’un nouveau service par satellite au détail, Jola, d’iWay Africa

Le fournisseur panafricain de télécommunications, iWayAfrica, une division en propriété exclusive de Gondwana International Networks, a lancé Jola, un service par satellite de détail panafricain très en demande qui est géré par Ku-Band en Afrique subsaharienne. Jola, qui veut dire ‘celui qui apporte le bonheur’, fournit un accès à Internet par satellite à des prix […]

Societe Generale partners with American Express in Africa

Societe Generale partners with American Express in Africa

Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates. These countries include Benin, Burkina Faso, Cameroon, Chad, Guinea, Ivory Coast, Madagascar and Senegal. The agreement involves both online sales and POS payments through electronic payment terminals. This means that any […]

Video News Release: Al Sumait Awards Ceremony in Malabo Equatorial Guinea

Video News Release: Al Sumait Awards Ceremony in Malabo Equatorial Guinea

A one million dollar prize for pioneers in research and grass root initiatives to effect positive change for African Development in Categories of Health, Food Security and Education (www.AlSumaitPrize.org). Content and organization Al-Sumait prize For African Development Board of Trustee Members Explain the vision and mission of the awards – the 2015 health prize category […]

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