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Equatorial Guinea has the highest GDP per capita of any African country. What’s gone wrong?         About 20 years ago the country discovered oil, and virtually overnight it went from being one of the poorest…
After spending several million dollars on government buildings in Malabo, the capital, and Bata, the nation’s economic center, Equatorial Guinea is pouring billions of dollars into building a new administrative capital, Oyala, in the middle of the jungle.