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Significance

The polls came shortly after last month's high-profile sentencing (in absentia) by a French court of Vice-President Teodorin Obiang. He received a three-year jail term and a fine of 30 million euros (36 million dollars) on corruption charges. However, both his jail term and fine were suspended, meaning that he will only face jail or pay the fine if he re-offends and is convicted in France. Teodorin has long been seen as heir apparent and likely to succeed his father.

Impacts

Teodorin's conviction may set a precedent for trials of senior government officials and their families in France.

International energy firms will face more demands to buy locally and improve corporate social responsibility (CSR).

The continued high dependency on the oil sector and a small tax base make non-oil tax revenue projections illusory.

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