Financial Times FT.com

Into Africa

By Matthew Green

Published: May 24 2009 19:35 | Last updated: May 24 2009 19:35

A young girl leaning out of the doorway of her house in a slum neighbourhood of Malabo, capital of Equatorial Guinea
Equatorial Guinea, under President Obiang (below), has been among the world’s fastest growing countries but many still live in poverty (above)

Before the oil came, Equatorial Guinea’s phone book boasted only a few pages. Subscribers were listed by their first names. Cars were a novelty and the tallest buildings in Malabo, the island capital, were gracefully ageing villas dating back to Spanish colonial rule. The airport consisted of a tin shack.

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