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Should A Country Like France Be Indicting African Leaders?

AFRICANGLOBE - Teodorin Obiang, vice-president of Equatorial Guinea, is on trial in France for plundering the nation’s treasury to fund his aristocrat lifestyle. Obiang, who is also the son of Equatorial Guinea’s president, faces up to 10 years in prison if found guilty of corruption, money laundering and embezzlement.

Son Of Equatorial Guinea’s Dictator Goes On Trial In France

AFRICANGLOBE - The playboy son of Equatorial Guinea’s leader, notorious for his extravagant taste in cars, homes and Michael Jackson memorabilia, goes on trial Monday in Paris charged with plundering his country’s coffers to fund his jetset lifestyle in France. Teodorin Obiang, his country’s vice-president, is charged with using state money to pay for a mansion on one of the swankiest avenues in Paris, along with a 76-metre yacht, a collection of designer suits and other indulgences.

8 Places To Visit In Equatorial Guinea

AFRICANGLOBE - In Equatorial Guinea, a mix of beautiful scenery and rich vegetation promises travelers a variety of enticing attractions. It’s rare that a feel of the African tropics, volcanic landscapes, relaxing coastal escapes, and towns can all be enjoyed in one destination.

Dutch Govt Seize $120 Million Yacht Belonging To Equatorial Guinea’s Vice...

AFRICANGLOBE - 76-meter (250 ft) luxury yacht said to belong to Teodorin Obiang Nguema, the vice-president of oil-rich Equatorial Guinea has been seized by Dutch authorities after it tried to leave Makkum, the Netherlands to head to Malabo. Obiang Nguema, who is the son of president Teodoro Obiang Nguema Mbasogo, Africa’s longest serving president, has been under investigation in Switzerland.

Equatorial Guinea’s President Appoints Son VP

AFRICANGLOBE - Equatorial Guinea’s veteran ruler, Teodoro Obiang Nguema, on Wednesday named his son Teodorin Nguema Obiang vice president of the tiny oil-rich nation, in charge of defence and security.

35 Quick Facts About Africa That Will Amaze You

AFRICANGLOBE - Zimbabwe’s President, Robert Gabriel Mugabe is the world’s most educated President with 7 degrees, two of them are Masters. Ethiopia’s economy is growing faster than China’s. Check out these and many other amazing facts about Africa.

China To Invest $26bn In Equatorial Guinea

AFRICANGLOBE - Last week, the Industrial and Commercial Bank of China (ICBC) signed a deal to invest $26 billion in Equatorial Guinea. The ICBC, China’s biggest lender, said most of the fund will go to providing infrastructural and financial support for the Equatorial Guinea government and Chinese enterprises located in the country.

Equatorial Guinea Basking In Oil Glory

AFRICANGLOBE - Once a poor country, Equatorial Guinea seems to be overtaking many rich countries on the continent and at this current pace, the country needs only a few years to become one of Africa’s infrastructure hubs.

Equatorial Guinea Selected As New Hosts Of Africa Cup Of Nations

AFRICANGLOBE - Equatorial Guinea, who were disqualified from the preliminary rounds of the Africa Cup of Nations, are to replace Morocco as hosts of the 2015 event. Morocco wanted the tournament postponed over alarmist fears of a spread of the Ebola virus but the Confederation of African Football (Caf) refused andon Tuesday stripped them of the hosting rights and kicked them out of the competition.

Equatorial Guinea: The Wealthiest Unequal Nation In Africa

AFRICANGLOBE - "Africa is not poor, it is poorly managed", said Liberian President Ellen Johnson Sirleaf in 2009. Equatorial Guinea, whose president has been in power for 35 years, is Africa’s wealthiest nation on a per-capita basis and yet one of the most unequal.

Growing CIA And Pentagon Involvement In Africa

AFRICANGLOBE - Today when Africa is being deemed as a rapidly growing continent economically, AFRICOM, NATO, EUFOR, the Israeli Defense Forces and the French Armed Forces are increasing their interventionist policies throughout the region.

Israeli Delegation Kicked Out Of African Union Summit?

AFRICANGLOBE - “I have never seen such racism, such anti-Semitism. We were humiliated,” said several of the Jews in attendance, who had left Equatorial Guinea in a fury after changing their flights.

Equatorial Guinea Launches $1bn Economic Diversification Fund

AFRICANGLOBE - Equatorial Guinea has launched a $1 billion Co-Investment Fund to support foreign investments inflows and enhance economic diversification in the country.

Equatorial Guinea Emerges As Macroeconomic Success Story?

AFRICANGLOBE - Equatorial Guinea is showing up on lists of African success stories, its oil and gas-fuelled GDP producing graphs showing sustained growth, and propelling it to the rank of middle-income country.

French Authorities Seize Luxury Hotel Owned by the Son of Equatorial...

French authorities have seized the Parisian hotel belonging to Teodorin Obiang, the son of the Equatorial Guinea President Teodoro Obiang Nguema. He is being...