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International Business Times
International Business Times
Business
Samuel Obiang

Young Equatorial Guineans Yearn For The American Dream

Many of Equatorial Guinea's 1.6 million inhabitants live in poverty despite its natural oil wealth (Credit: AFP)

Tiny but oil-rich Equatorial Guinea long escaped the youth exodus plaguing other African nations, but a decade of economic decline and rising unemployment has left many eager to leave.

The discovery of off-shore oil in the mid-1990s turned the country into Africa's third richest in terms of per capita income.

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