From Wealth to Inclusion - Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

• [World Bank] Malabo -- new report from the World Bank Group finds that Equatorial Guinea stands at a decisive moment. The Equatorial Guinea Poverty and Equity Assessment, the first of its kind, finds that, in spite of the oil wealth that transformed this country into an upper-middle-income economy and one of the richest economies in Sub-Saharan Africa, nearly half of the population still lives in poverty according to the national poverty line. As oil revenues decline and new sources of growth remain limited, the country risks a