“The people of Equatorial Guinea should share in the wealth generated by their country's huge oil reserves. Instead, they endure poverty and oppression. Their president and his associates enjoy lavish homes and trips abroad, and money that should go to the people winds its way to private bank accounts.” Archbishop Desmond Tutu, 2010
Policy Briefs & Research
A HRW report that analyzes how President Teodoro Obiang Nguema’s regime has used an oil boom to further entrench and enrich itself at the expense of the country's people.
This policy paper assesses Equatorial Guinea’s 2006 Oil Law, how its provisions hinder intra-governmental and public oversight and accountability; and how, as a whole, it fails to promote the type of transparency espoused by the Extractive Industry Transparency Initiative. It also offers succinct and constructive recommendations to the EG government to address the current deficiencies in the law.