Fahamu (Oxford)
27 September 2007
Equatorial Guinea produces a barrel of oil per person per day. In 2005, it had a budget of US$2 billion" more than sufficient to raise the standard of living of it's 400,000 citizens. The country also has aid links: with school students in the United States, and church schools and small municipalities in Spain. Agustin Vellos argues that the so-called 'development cooperation' ...
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concerning the above,which is true.i beleive that the present situation of equatorial guinea will improve day by day and if the developping countries presents in equatorial guinea contribute in the education,technically,that is oil for Education and technology.and not oil for money.if the 60%of the small population of the country are educated;There will be 100% of changes in all aspects.that is one of the biggest problem we are faced in Africa. for instannce if one lookes at the standard of living in 2004-thru 2009 thing had being change.
I think the is way out.for development. base on the production of oil. in spain-Equatorial Guinea.