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Equatorial Guinea's Corruption Scandal: African Poverty, Mansions, and the California Sun?

What kind of home can you get as an African agriculture minister with a 60k salary? If you're the son of an African leader running an oil-rich country, apparently you can afford a Malibu mansion. The UK-based anti-graft watchdog, Global Witness, recently outed the son of President Obiang of Equitorial Guinea, who purchased a $35 million California home this spring, complete with 16 acres, a golf course, tennis court and a swimming pool.

China and Africa Love-fest: Chicken Little or Nirvana?

The flurry of news about China and Africa is reaching a peak as the November 3-5 Beijing Summit gets underway. There is little doubt that effusive pledges of solidarity and good old cash will be forthcoming in abundance. And it is also patently clear that China has every intention of continuing to ramp up its activities in Africa; look no further than China's official "Africa Policy" released last January.

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