News24

E Guinea opens city built for AU summit

2011-06-07 09:20

Malabo - Equatorial Guinea has unveiled a new city of luxury villas, an artificial beach and a golf course built in just two years to host this month's African Union summit, state radio reported on Monday.

President Teodoro Obiang Nguema inaugurated Sipopo city on Sunday, congratulating his government and construction companies involved for completing "such an emblematic city in a record two years", it said.

Sipopo counts 52 luxury presidential villas, a conference hall, an artificial beach, a golf course and the French luxury hotel Sofitel, it added.

The small west African country is sub-Saharan Africa's third largest oil producer and has launched an ambitious construction programme financed by its petro-dollars.

Obiang Nguema chairs the continent's African Union and will host its summit from June 29 to July 01. The country will hold the Africa Cup of Nations in 2012.

Equatorial Guinea is home to around 700 000 people, who are mostly poor despite the country's oil wealth.

Comments
  • MarkJM - 2011-06-07 10:33

    What a waste of money! that money could be better used to improve the country, not entertain the rich and powerful! FIX YOUR COUNTRY!!!!! dumbasses!

  • DoublySalmon - 2011-06-07 10:57

    GDP per Capita E Guinea is one of the richest nations in the world, if the oil wealth was fairly distributed every individual would earn more than the average citizen of New Zealand which is a first world country. Anyway, without Apartheid South Africa would have an even worse gini-coefficient (inequality of income) evidenced by it getting worse since 1994 just like E Guinea. I think at most a democratic South Africa of 1948 would have achieved a failed state like Swaziland or worse one of these African nations which are eternally locked in civil war. Furthermore while I'm ranting, including foreign countries in elections is not democratic, allowing Germany and France to elect a president in a democratic election doesn't mean it is democratic and right. Allowing citizens of homelands the right to vote does not make a democracy. Why was South Africa unified again? So the ANC "leaders" could steal more..

  • PMG - 2011-06-07 11:51

    Why waste all that money on an AU summit - the AU is useless and grossly corrupt anyway.

  • crymash - 2011-06-07 14:05

    Salmon i dont see the need for you to include the ANC or apartheid on issues not related with them...next thing you will be saying its the Anc who sanctioned guinea to built this nonsense

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