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2025-10-16
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President Teodoro Obiang Nguema Mbasogo’s 45-year rule as ‘president for life’ creaked on. The shift towards a gas-driven economy continued, coupled with aggressive anti-corruption purges. Attention remained focused on how the notorious scion and bon-vivant, Vice-President Teodoro Nguema Obiang Mangue – widely known as Teodorín – attempted to distance himself from a legacy of oil and kleptocratic plunder amid a protracted transfer and inheritance of power. Meanwhile, ExxonMobil finalised its withdrawal from the flagship Zafiro oilfield and the country, transferring assets to the state-owned oil company GEPetrol. Commodity traders and corporate backers such as Glencore, Chevron, and ConocoPhillips provided new lifelines, seeking to maximise undersea gas piped to Bioko’s unique industrial facilities, liquefied, and shipped out from what is now Africa’s second-largest LNG exporter. Amid a deep ebb of US influence, Malabo definitively reoriented towards Russia and China. Obiang met twice with Xi Jinping, and around 200 Russian mercenaries arrived to reinforce the regime in transition. Despite domestic splits and global realignments, the ruling family’s entrenched authoritarian saga, as old as the country’s independence, continued.
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Martino, Enrique, (2025). “Equatorial Guinea”. En Africa Yearbook Volume 21: Politics, Economy and Society South of the Sahara in 2024, Brill, pp. 278–285. DOI: https://doi.org/10.1163/9789004730045_027
Centro
Facultad de Ciencias Políticas y Sociología
Departamento
Historia Social y del Pensamiento Político