Malabo, Equatorial Guinea1 Until 1973, the city of Malabo was called Santa Isabel. This city is the capital of Equatorial Guinea and lies on the edge of a depressed volcano. Malabo is Equatorial Guinea's center of finance and commerce. It has a harbor and an international airport. After the riots of 1969 and after Nigerian workers went back to Nigeria around 1975, most Europeans left the city. It has a population of over 30,000 people. The economy is based on the export of cocoa, timber and coffee.
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