Equatorial Guinea offered $1 million win bonus

Updated: January 18, 2012

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BATA, Equatorial Guinea (AP) — The Equatorial Guinea Football Federation says its players will share a $1 million win bonus and earn $20,000 per goal against Libya when the co-host makes its debut at the African Cup of Nations on Saturday.

Team liaison officer David Mosiwy tells the Associated Press the cash will be made available by Teodoro Nguema Obiang Mangue, the son of the country’s president, Teodoro Obiang Nguema Mbasolo, who has controlled the oil-rich nation since 1979.

Equatorial Guinea and Gabon are hosting the tournament.

Mosiwy says the prize pot is a “personal gesture” from the president’s son and shows the “popular support” for the team.

Equatorial Guinea has an unemployment rate of around 22 percent, according to U.S. intelligence estimates.

Copyright 2012 The Associated Press.

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