Since then, trade between Spain and EG is nothing to write home about, with Spain only being third to US and China as trading partners, and EQ's exports are a drop in the ocean of the Spanish economy. Investment from either country in the other is residual (<10 million euros). [0]
Also Obiang regularly blames Spain for funding/supporting oppositors, notably during the coup attempt in 2004[1], which is probably true[2]. Most of the time these oppositors also have Spanish citizenship.
So, in what sense is he supported by Spain, and how is it a colony?
[0] https://www.icex.es/icex/es/navegacion-principal/todos-nuest...
[1] https://www.theguardian.com/world/2004/jun/16/equatorialguin...
[2] https://www.elmundo.es/elmundo/2008/03/12/espana/1205318523....
Guinea hardly makes it to the news and it isn't in the "national conscience" at all. The average educated spaniard would have to be reminded of the whole story.
Diplomatic relations are somewhat cordial, probably protecting some remaining economical interests, but a bit at "an arms length", as with other dictatorships.
Opposition politicians routinely seek refuge or meet in Spain without any trouble. If anything they decry the "hands off" stance of Spain, hardly the same as a "de facto colony" situation.
And care to hear what do they have to say? There's hardly any journalists willing to interview them. Mostly Xavier Montanyà that I know of. When asked "what could Spain do more for Guinea?" they invariably answer "to begin with, they should do less, offering less support to the current dictatorship". If you want a somewhat mainstream source that talks about this situation (which is rare), look here: https://elcultural.com/espana-en-guinea-ecuatorial-del-expol...
Basically, the support goes in the form of Spanish politicians of all parties receiving "prizes" from the Guinean dictatorship with the tacit implication of leaving them alone.
Our most recent family table-top arguments on this "taboo" topic was triggered by the recent movie "Palm Trees in the Snow". I do think that these stories will eventually be written by people from my generation (born in the diaspora).
We have relatives that have returned, and we've kept in touch with some that never left. My mother last visited in the late 80s* but we always talk of returning now that things are less volatile.
We do keep in touch amongst each other in the diaspora however, so everyone shares the news from back home in some sort of network effect, and we get to hear "how things are going" (apparently quite well since there's crude oil!).
Edit: correction.
Is still Fernando Poo more developed than the continent?
I'm sorry if this isn't accurate, that's what I've been told from (presumably) other E. Guineans in the internet.
I don't know what the real situation is and what they plan to do with the new wealth, but if I'm to speculate, the elite wants to develop the country and transform the economy so that they can keep a certain standard of living, because the oil reserves were never thought to last that long (however, I've heard of new possible deposits being found, not sure if there's any truth to that).
Do you see the ruling elite technically qualified for such leap? And if they are not themselves, are they hiring adequate decision makers, engineers and such?
Also, is there an education system in place (or in advanced planning) that allows to grow local technical talent?
Education is also improving fortunately. The country never had a university until the 90s and now there are plans for a few extra campuses (still one university I believe), and I've seen some "propaganda" videos[4] where they seem to paint an optimistic picture of the future -- if we're to believe that.
Most infrastructure projects are carried out by foreign firms, and China has a very strong presence. For instance, the new planned capital, Ciudad de la Paz, was designed by a Portuguese firm[1] and, and the construction itself is apparently being carried out by a Chinese group[2][3].
One could say that the approach they're taking is very similar to what you'd expect from China: huge government spending, but tight control over the economy. I'm not sure if that model is sustainable but we'll see...
Feel free to get in touch. My twitter username is the same as my username here and my DMs are open!
1. https://www.fat.pt/projecto/nova-capital-da-guine-equatorial... 2. http://csci.cscec.com/en/yyfw/Construction/202006/3109352.ht... 3. https://www.youtube.com/watch?v=KBY6r2Z3yeY 4. https://www.youtube.com/watch?v=feyllyLVZ-E
I've already followed you in Twitter :) Por ahora no tengo más preguntas, le seguiré la pista a los links, a ver a dónde me llevan, gracias!