According to eningbo, Equatorial Guinea in 2012 was a small African country located in the Gulf of Guinea, with a population of approximately 690,000 people. It was bordered by Cameroon and Gabon and its official languages were Spanish and French. Equatorial Guinea had an economy primarily based on oil production, with the majority of its revenues coming from the sale of petroleum products. In 2012 Equatorial Guinea was still recovering from its past as a dictatorship which had been in place since independence in 1968. This period had seen human rights abuses on a large scale as well as economic mismanagement which left much of the population living in poverty. In addition to this there were also issues with corruption which further hindered economic growth and development. Despite these challenges however there were some positive developments taking place in 2012 that provided hope for improved economic conditions for its citizens. These included increased foreign investment into infrastructure projects such as roads and ports which would help to improve trade opportunities with other countries in the region and beyond. In addition there were government efforts to diversify the economy away from oil production through industrialization, as well as an increasing focus on developing renewable energy sources such as solar power which would reduce reliance on imported oil products from abroad which would have a positive impact on both economic growth as well as environmental protection efforts. Overall, while there were still significant challenges facing Equatorial Guinea in 2012 it had made some progress towards improving economic conditions for its citizens through increased investment into infrastructure projects and renewable energy sources which promised better opportunities for future generations of Equatorial Guineans people. Equatorial Guinea is a small country located on the west coast of Africa, bordered by Cameroon and Gabon. It is one of the smallest countries in Africa, with an area of 11,000 square miles. In 2015, the population was estimated to be around 1.2 million. The capital city is Malabo, located on Bioko Island in the Gulf of Guinea. The official language is Spanish, although many other languages are spoken in Equatorial Guinea including Fang, Bubi and Annobonese Creole. The economy of Equatorial Guinea is mainly based on oil and gas production. Oil production has been increasing in recent years due to new discoveries and offshore drilling operations. This has led to an increase in revenues for the government which has allowed them to invest more in infrastructure and public services such as health care and education. Despite this increased investment, poverty remains a major issue in Equatorial Guinea with over half of its population living below the poverty line. In terms of politics, Equatorial Guinea is a single-party state with President Teodoro Obiang Nguema Mbasogo remaining in power since 1979 when he assumed office after ousting his uncle Francisco Macias Nguema in a coup d’etat. President Obiang has been criticized for his authoritarian rule which has seen restrictions placed on freedom of speech and assembly as well as human rights violations such as torture and extrajudicial killings by security forces with impunity. Despite this criticism there have been some efforts towards democratic reform including allowing opposition parties to contest elections since 1991 however these efforts have not yet resulted in any significant change from within the government itself. Check cheeroutdoor for Equatorial Guinea Business.