Equatorial Guinea: one of the world's fastest growing economies

Equatorial Guinea currently has one of the world's fastest growing economies with a 2006 growth rate percentage of 18.9. China, second to Equatorial Guinea, has a growth rate percentage of 9.2. According to 2007 CIA World Factbook Statistics, Equatorial Guinea is in seventh place behind Azerbaijan (31.00) ,Timor-Leste (24.00), Macau (16.60 in 2006), Angola (16.30), Armenia (13.70) Sudan (12.80) with a GDP real growth rate percentage of 12.70. According to those same statistics. Equatorial Guinea is currently in 5th place behind Sudan (32.00), Azerbaijan (31.00), Angola (24.40) and Vietnam (17.10) with a 14.10% industrial production growth rate.

The Republic of Equatorial Guinea is a country in Central Africa. With a population of over 500,000 and one of the smallest countries in continental Africa. Equatorial Guinea's capital and largest city is Malabo located in the the most populated province, the Bioko Norte Province on the northern coast of Bioko Island (formerly Fernando P—) on the rim of a sunken volcano. Its population has grown rapidly over the past ten years to about 100,000. The official languages of Equatorial Guinea are Spanish(67.6%) and French (27%). Other languages include Portuguese, Fang, Bubi (also spelled Bube) and Annobonese.

Equatorial Guinea has yet to recover from the scars of President Francisco Mac’as Nguema's "reign of terror," in which Equatorial Guinea was widely known as the "Auschwitz of Africa" because of Mac’as Nguema's near-genocide campaign of the country's Bubi minority, which formed the majority on Bioko Island, while bringing many of his own tribespeople, the Fang, to Malabo.

Currenly under Teodoro Obiang Nguema Mbasogo's rule, Equatorial Guinea has been significantly affected by Mbasogo's growing cooperation with the oil industry after the discovery of large oil reserves in 1996. Equatorial Guinea has experienced rapid economic growth due to the discovery of the large offshore oil reserves, and in the last decade has become Sub-Saharan Africa's third largest oil exporter. In 2004, the Equatorial Guinea's production has reached 360,000 barrels per day. As a result Malabo's population has nearly doubled.

Equatorial Guinea's commodities include petroleum, methanol, timber and cocoa. It's main industries include petroleum, fishing, sawmilling and natural gas. The country's agricultural products include coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts, livestock and timber. It's GDP is composed of agriculture (2.8%), industry (92.5%) and services (4.6%).

The country's currency is Central African CFA franc (XAF), which is shared with 5 other independent states in central Africa including Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. Equatorial Guinea, Gabon and Central African Republic are all developing countries.


more equatorial guinea:

Internet top level domain .gq

Import and export partners


novagift
BGFI Groupe - Groupe BGFIBANK
Marathon Oil
GEPetrol - equatorialoil.com / http://en.wikipedia.org/wiki/GEPetrol
Sonagas
EG LNG


Afriland First Bank
BEAC
CCEI Bank GE
SGBGE Societe Generale de Banques en Guinee Equatoriale


oanda.com
xe.com


http://www.mataf.net/en/exchange-rate-75-226.htm

http://finance.yahoo.com/currency/convert?from=EUR&to=XAF&amt=1&t=5y

Currency Conversion Results

http://www.topix.com/world/equatorial-guinea http://www.orange.gq/ This announcement concerns a network of 30 websites being built for the following goals: - Integrating newly obtained knowledge and techniques into Joomla - Testing 30 different web directories - Gathering links with applicable material for the purpose of collecting material for a number of websites. Goals: -Liquidate 15 of the 30 websites in this network by the end of April, 2008 after moving the material on those 15 websites to the remaining 15. The 15 domains will be redirected to proper websites. -Liquidate 10 more websites, leaving 5 websites with 2-3 months worth of material from 25 websites by the end of May, 2008. concerning this website: topics, goals and notes: business in general, investments Equatorial Guinea worlds fastest growing economies forex trading tools: correlations; volatility; pivot points; risk management; candlestick patterns http://www.mapsofworld.com/world-top-ten/world-top-ten-fastest-growing-economies-map.html 2006 equatorial guinea china ireland vietnam sudan maldives chile guyana myanmar south korea We are fully aware that this website doesn't look like much at the time. We offer numerous seo, hosting, web development services. If you do happen to find this site online and are interested in collaboration efforts with us or if you need assistance building your own website free of charge please feel free to contact us here taken from mediamarco.net This announcement concerns a network of 30 websites being built for the following goals: - Integrating newly obtained knowledge and techniques into Joomla - Testing 30 different web directories - Gathering links with applicable material for the purpose of collecting material for a number of websites. Goals: -Liquidate 15 of the 30 websites in this network by the end of April, 2008 after moving the material on those 15 websites to the remaining 15. The 15 domains will be redirected to proper websites. -Liquidate 10 more websites, leaving 5 websites with 2-3 months worth of material from 25 websites by the end of May, 2008. concerning this website: topics, goals and notes: Business and industries that have benefitted from doing business online. Making money online How can you make money online? Do you own a business and have decided that it was time to go online? Clone scripts and copycat sites: are there any new ideas? What is flock and why is it so significant? Advertising online Myspace, youtube, google, wikipedia, firefox, flock, linux, microsoft, yahoo, macintosh: who is countining to grow and what are the forecasts? Whose growth is declining and why? We are fully aware that this website doesn't look like much at the time. We offer numerous seo, hosting, web development services. If you do happen to find this site online and are interested in collaboration efforts with us or if you need assistance building your own website free of charge please feel free to contact us here Symbol Euro Exchange Rate CFA Franc (BEAC) Bid Ask EURXAF=X 1 Mar 21 684.74 684.74 684.74