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What jobs are there in Equatorial Guinea?

What jobs are there in Equatorial Guinea?

Equatorial Guinea is the richest country per capita in Africa, due the fact that it is one of sub-Saharan Africa’s largest oil producers. Other areas besides the oil industry which provide a lot of expat jobs in Equatorial Guinea are forestry, farming, and fishing.

What is the main industry of Equatorial Guinea?

Petroleum Industry Oil and gas extraction dominates the economy of Equatorial Guinea and accounts for approximately 90% of the country’s GDP. The country was ranked the third largest producer of oil in Sub-Saharan Africa behind Angola and Nigeria.

How is Equatorial Guinea so rich?

Since the start of oil production in the mid-nineties, Equatorial Guinea has become Africa’s wealthiest nation on a per-capita basis, and the third-largest oil producing country in sub-Saharan Africa.

Why is Equatorial Guinea so poor?

Despite being one of Africa’s fastest-growing economies and a major producer of oil, Equatorial Guinea’s poverty rate is high due to institutional weaknesses and corruption that restrict the country’s ability to provide basic services to its people.

What is the most common job in Equatorial Guinea?

Economy of Equatorial Guinea

Unemployment 22.3% (2009)
Main industries petroleum, fishing, saw-milling, natural gas
Ease-of-doing-business rank 178th (below average, 2020)

What oil companies are in Equatorial Guinea?

Oil companies operating in Equatorial Guinea include Exxon Mobil, Marathon Oil Corp, Kosmos Energy, Noble Energy.

What are the main economic activities of equatorial region?

Agriculture and forest products existing in equatorial region have made industrial growth possible. Growing of perennial crops like coffee, palm oil, cocoa and tea due to heavy rainfall received throughout the year.

Is Equatorial Guinea safe?

Equatorial Guinea is, for the most part, a safe country to visit. However it does have an extremely high crime rate, though it’s mainly ridden with petty street crime. You should be vigilant and take all possible precaution measures in order to minimize the risk of getting stolen from.

Which country is the richest in Africa?

Nigeria is the richest and most populous country in Africa….Richest African Countries by GDP

  • Nigeria – $514.05 billion.
  • Egypt – $394.28 billion.
  • South Africa – $329.53 billion.
  • Algeria – $151.46 billion.
  • Morocco – $124 billion.
  • Kenya – $106.04 billion.
  • Ethiopia – $93.97 billion.
  • Ghana – $74.26 billion.

What are popular sports in Equatorial Guinea?

Originally introduced to the country by Spanish colonists, Football is the most popular sport in Equatorial Guinea. The national football team made quite a few impacts like qualifying for the FIFA World Cup in 2006 as well as the African Cup of Nations.

What is the capital of Equatorial Guinea?

Equatorial Guinea/Capitals
Malabo, the national capital, is a small city standing behind its crater harbour on the northern coast…… Bioko, island in the Bight of Biafra (Gulf of Guinea), lying about 60 miles (100 km) off the coast of…… Equatorial Guinea, country located on the west coast of Africa. It consists of Río Muni (also known as……

Does Equatorial Guinea have oil?

Petroleum and other liquids Equatorial Guinea held 1.1 billion barrels of proved crude oil reserves as of January 2017. Production of petroleum and other liquids averaged 244,000 barrels per day (b/d) in 2016, which is lower than its peak production of 375,000 b/d in 2005.

What was the main industry of Equatorial Guinea?

Major Industries. Before independence, Equatorial Guinea’s main source of income was cocoa production, but it was grown primarily by Spanish colonists, and with their departure, production fell significantly.

What kind of people live in Equatorial Guinea?

Minority tribes include the Kombe, Balengue, Bujebas, Ibo, and Ibibo. There is a small group of Europeans (fewer than one thousand), most of them Spanish. Linguistic Affiliation. Spanish and French are the official languages of Equatorial Guinea, although a very small percentage of the population speaks either of them.

What kind of food do people in Equatorial Guinea eat?

The main foods are cassava root, bananas, rice, and yams. People supplement their primarily plant-based diet through hunting and fishing.

What was the original name of Equatorial Guinea?

As a Spanish colony, the area was formerly known as Spanish Guinea. There are two main cultural and ethnic traditions: the Fang, on the mainland, and the Bubi, on the island of Bioko. Location and Geography. Equatorial Guinea is on the west coast of equatorial Africa, bordered by Cameroon to the north and Gabon to the south and east.