Equatorial Guinea: History
Portuguese explorer Fernao do Poo discovers the island of Bioko, naming it Fernando Poo.
The Treaty of El Pardo is signed, in which the Portuguese give up Fernando Poo and its surrounding areas in return for South American territories.
Britain establishes a base on Fernando Poo to prevent slave trade.
Spanish settlers come to Rio Muni, the mainland.
Fernando Poo and Rio Muni become known as the Western African Territories and then as Spanish Guinea.
Spanish Guinea gains independence and becomes known as the Republic of Equatorial Guinea. A constitution is adopted with a General Assembly and a Supreme Court and Francisco Macias Nguema is elected as the first president.
The economy collapses due to Macias' totalitarian style of ruling.
Equatorial Guinea becomes of the fastest-growing economies in the world because of its use of its oil reserves.