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Swenani
#1 Posted : Monday, April 25, 2016 10:29:15 AM
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Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Equatorial Guinea is a small country on the west coast of Africa which struck oil in 1995 and which is now being cited as a textbook case of the resource curse - or the paradox of plenty.Since the mid 1990s the former Spanish colony has become one of sub-Sahara's biggest oil producers but a large proportion of the population still lives in poverty.

GDP (nominal) 2016 estimate
Total GDP $10.211 billion
GDP Per capita $12,438

President:Teodoro Obiang Nguema Mbasogo(ascended to power on 3rd August 1979)
First vice president:Ignacio Milam Tang
Second Vice president:Teodoro Nguema Obiang Mangue(son to the president).

Masukuma was/is in the country to oversee the presidential voting on Sunday where Nguema is expected to win by over 95% of total votes turnout
If Obiero did it, Who Am I?
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Lolest!
#2 Posted : Monday, April 25, 2016 11:13:21 AM
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Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
On longevity, they want you to think only Mugabe has overstayed
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Swenani
#3 Posted : Monday, April 25, 2016 11:34:57 AM
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Joined: 8/15/2013
Posts: 13,237
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Lolest! wrote:
On longevity, they want you to think only Mugabe has overstayed


He has no oil and he does'nt lick ass
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masukuma
#4 Posted : Monday, April 25, 2016 3:18:38 PM
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Joined: 10/4/2006
Posts: 13,821
Location: Nairobi
Swenani wrote:
Equatorial Guinea is a small country on the west coast of Africa which struck oil in 1995 and which is now being cited as a textbook case of the resource curse - or the paradox of plenty.Since the mid 1990s the former Spanish colony has become one of sub-Sahara's biggest oil producers but a large proportion of the population still lives in poverty.

GDP (nominal) 2016 estimate
Total GDP $10.211 billion
GDP Per capita $12,438

President:Teodoro Obiang Nguema Mbasogo(ascended to power on 3rd August 1979)
First vice president:Ignacio Milam Tang
Second Vice president:Teodoro Nguema Obiang Mangue(son to the president).

Masukuma was/is in the country to oversee the presidential voting on Sunday where Nguema is expected to win by over 95% of total votes turnout

d'oh!
All Mushrooms are edible! Some Mushroom are only edible ONCE!
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kiash
#5 Posted : Monday, April 25, 2016 8:01:16 PM
Rank: Veteran


Joined: 4/27/2010
Posts: 951
Location: Nyumbani
Swenani wrote:
Equatorial Guinea is a small country on the west coast of Africa which struck oil in 1995 and which is now being cited as a textbook case of the resource curse - or the paradox of plenty.Since the mid 1990s the former Spanish colony has become one of sub-Sahara's biggest oil producers but a large proportion of the population still lives in poverty.

GDP (nominal) 2016 estimate
Total GDP $10.211 billion
GDP Per capita $12,438

President:Teodoro Obiang Nguema Mbasogo(ascended to power on 3rd August 1979)
First vice president:Ignacio Milam Tang
Second Vice president:Teodoro Nguema Obiang Mangue(son to the president).

Masukuma was/is in the country to oversee the presidential voting on Sunday where Nguema is expected to win by over 95% of total votes turnout


I met guys from Equatorial Guinea trying to survive out here and was like your population is not even the size of Nairobi si Obiang could give you monthly stipends hata mkiwa majuu, this works for guys from Gabon but Obiang is just a mor**n. The country has the potential of being an African Norway lakini mbuzi tu inaongoza.
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murchr
#6 Posted : Monday, September 30, 2019 4:40:06 PM
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Joined: 2/26/2012
Posts: 15,980


The auction comes after the Geneva prosecutor's office announced in February it had closed a case against Teodoro Nguema Obiang Mangue - son of the country's president of 40 years, Teodoro Obiang Nguema Mbasogo - and two others following an investigation of money laundering and mismanagement of public assets.

Prosecutors said they were dropping charges of financial wrongdoing against the younger Obiang, known as Teodorin, who is also the vice president of the country, but were confiscating the luxury cars as part of the case.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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hardwood
#7 Posted : Monday, September 30, 2019 4:51:03 PM
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Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
murchr wrote:


So its ok for an arab prince of an oil rich nation to have a fleet of super cars but wrong for a mwafrika prince of an oil rich nation to buy the same. Seems bazungu have a problem with seeing a rich african. The bazungu should first confiscate the luxury vehicles of the arab oil rich playboys.
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