A billboard in Malabo, the capital, installed by the construction company Arab Contractors wishing the president and the people of Equatorial Guinea a happy new year. Arab Contractors has been awarded numerous lucrative public construction contracts in the country. There are credible allegations that the president has a 12 percent stake in the company through his company Abayak, and that his son and the vice president Teodorin has an 8 percent stake through his company Sofona.
© 2016 Human Rights Watch