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99 - Equatorial Guinea: The North Korea of Africa

The Red Line

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The Corruption of Equatorial Guinea

In 1995, Equatorial Guinea discovered huge deposits of oil just offshore. In less than a year, foreign companies had started moving into extract the oil. A lot of people predicted that Equatorial Guinea might become one of the economic powerhouses of Sub-Saharan Africa. But in reality, how much of that oil actually flowed back toward the general public?

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