Equatorial Guinea: Africa's Kuwait. (Countryfile).(oil boom prompts desire for re-opening of American embassy)

African Business | December 1, 2001| | Copyright

Famous among philatelists for producing some of Africa's most colourful postage stamps, Equatorial Guinea is also the continent's only Spanish-speaking nation - and for decades, it's been one of Africa's poorest.

No more. An oil boom that began only five years ago has transformed this once-isolated and repressed little country into one of Sub-Saharan Africa's largest oil producers, giving the 522,000 people of Equatorial Guinea an unprecedented chance for prosperity.

Today, the Guinness Book of World Records lists Equatorial Guinea as the world's most ...

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