Equatorial Guinea Leader Taps Ex-Banker to Tackle Graft

  • Obiang appoints former bank director new prime minister
  • Misuse of public funds behind economic crisis, Obiang says
Malabo, Equatorial Guinea.

Photographer: Han Xu/Xinhua News Agency/Getty Images

Lock
This article is for subscribers only.

Equatorial Guinea named Manuel Osa Nsue Nsua as prime minister, three weeks after the previous government was dismissed for its failure to tackle the country’s economic woes including government corruption.

President Teodoro Obiang Nguema Mbasogo, who has ruled for the central African nation for four decades, signed the decree late on Friday appointing Osa, who was head of Banco Nacional de Guinea Ecuatorial, the only private lender with headquarters in the country. He replaces Manuela Roka Botey, the country’s first woman prime minister, who resigned with her government last month after only 18 months in the post.