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Country Profile: Equatorial Guinea
Fact FileCapitalMalaboOther CitiesMalabo, Luba, Bata, MongomoOfficial languagesSpanish, French, PortugueseRecognised regional languagesFang, Bube, Annobonese AreaTotal 28,051 km2Population(2009est) 504,000CurrencyCentral African CFA Franc |
Overview
Equatorial Guinea or The Republic of Equatorial Guinea is a Spanish-speaking country located in Central Africa. It is also the smallest country in the continent of Africa and one of the few that is officially a Spanish speaking nation.
Languages and Dialects
The two official languages of Equatorial Guinea are Spanish and French, according to their written law, but recently Portuguese has been added to this list as well. The aboriginal langauges of Fang, Bube and Annobonese are important to the nation as well. Because of the vast diversity of language in Equatorial Guinea and because it has three official European languages, the nation can boast a well diversified economy and foreign investment record.
Business Development
With most of the nations industry being related to the growing and exportation of cocoa, this has led Equatorial Guinea to have the highest per capita income in Africa and be within the top ten in the world. Also since vast oil reserves were discovered in the early 1990's, Equatorial Guinea has become the third largest oil producer and exporter in Africa. Furthermore, forestry, farming and fishing are also extremely important factors in the nation's economy.
Telecommunications Industry
Equatorial Guinea has a wealth of information sources available to its citizens, this includes having, three FM radio stations, five short wave AM radio stations, three newspaper companies and three magazine distributors, they also have an official government operated television station as well.
Most of the media companies practice heavy self-censorship, and are banned by law from criticising public figures. The state-owned media and the main private radio station are under the directorship of Teodorin Nguema Obiang, the president's son. Furthermore, the citizens have access to land line telephones, wireless internet, broadband and cellular phone communication.
Future Outlook
In the future, Equatorial Guinea will look to expand based on its high per capita icome, as well as its booming telecommunications and tourism industry. Because of the high per capita income that the nation enjoys, they have been able to use their wealth to undergo research into renewable forms of energy, such as wind, solar and hydroelectric. There is indeed a bright future ahead for Equatorial Guinea, as they look to expand their current industries, as well as expand new ones. These are just some of the positive Equatorial Guinea Facts that are currently available on our database.
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