In brief
Equatorial Guinea’s vice‑president announced the resignation of the entire cabinet after reports that the government had met only about 10% of its targets. The move follows criticism that the administration fostered corruption, failed to diversify the oil‑rich economy, and stalled development projects. President Teodoro Obiang, the world’s longest‑serving leader, expressed dissatisfaction with the outgoing ministry’s performance and indicated that a new government would be appointed. The decision highlights the country’s ongoing struggle to translate oil wealth into broader prosperity amid high poverty and a declining oil sector.
Vice‑President Teodoro Nguema Obiang Mangue announced that the entire government had resigned after reporting that the cabinet had achieved only about 10% of its objectives.
The resignation was framed as a consequence of the principle that public responsibility must be matched by tangible results. A statement from the ruling Democratic Party of Equatorial Guinea (PDGE) warned that the administration had misused state resources, stalled key development projects, and had not implemented policies to diversify the economy beyond its reliance on oil and gas.
The president, who has ruled the West African nation since 1979, confirmed his discontent with the outgoing ministry’s performance and suggested that a new government would soon be formed. He also criticised the lack of policy effort to boost the agricultural sector, which could reduce dependence on imported goods.
Equatorial Guinea remains heavily dependent on petroleum, with oil and gas output contributing the lion’s share of exports and revenue. Despite this wealth, the country’s population of 1.8 million still faces widespread poverty, and recent years have seen a decline in oil production and demand.
