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Equatorial Guinea, formerly Spanish Guinea, is a small country on the west coast of Africa with an area of 28,000 sq km. One of the smallest countries on the African continent, it is made up of a mainland territory called Rio Muni, and five islands including Bioko, where the capital Malabo is located. Equatorial Guinea gained independence from Spain on October 12, 1968, and now it’s the only independent Spanish-speaking state in Africa.
Apart from oil production, the country’s economy is based primarily on cocoa production, farming, fishing and forestry products. Equatorial Guinea is also known to issue beautiful commemorative coins.
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