EQUATORIAL GUINEA: Poverty rife in Africa’s “Kuwait”

Saturday, November 22, 2008
MALABO Monday, October 06, 2008 (IRIN) - Equatorial Guinea is one of the world’s top 30 oil producers, according to its Ministry of Mines, but corruption watchdog group Global Witness says most in the country still live in poverty.Global Witness US-based policy advisor, Sasha Lezhnev, told IRIN: “Equatorial Guinea is the dictatorship that no one talks about. The government earns billions in oil every year, yet 60 percent of its population lives on less than US$1 a day.”Lezhnev said the...
Source: http://www.irinnews.org/report.aspx?ReportId=80768