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...payment on arms to prosecute a war against northern secessionists. Environmentalists worry that massive infrastructure projects like the Chad-Cameroon pipeline will destroy sensitive rain forests. Critics also fear that the oil windfall will help prop up dictators. In Equatorial Guinea, the ruling party and its leader, President Teodoro Obiang Nguema, show no sign of giving up control; opposition members are routinely harassed and tortured, according to Amnesty International. The IMF has cut off several aid programs because of corruption, and has called for good governance and good management of oil resources in Equatorial Guinea, warning that "authorities will need...

Author: /time Magazine | Title: Black Gold | 10/20/2002 | See Source »

Finally Macias' own end came. Led by his nephew, Colonel Teodore Obiang Nguema Mbazago, a military council seized power in the island capital of Malabo in a bloodless coup. Said the colonel...

Author: /time Magazine | Title: EQUATORIAL GUINEA: Despot's Fall | 8/20/1979 | See Source »

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