Equatorial Guinea Obiang Mangue, and other close relatives with powerful positions in the security forces. The tension may be rooted in a power shift arising from the dramatic increase in oil production which has occurred since 1997. In 2004 a plane load of suspected mercenaries was intercepted in Zimbabwe while allegedly on the way to overthrow Obiang. A November 2004 report named Mark Thatcher as a financial backer of the 2004 Equatorial Guinea coup d'état attempt organized by Simon Mann. Various accounts also named the United Kingdom's MI6, the United States' CIA, and Spain as tacit supporters of the coup attempt. Nevertheless,
History of Equatorial Guinea also included former members of the South African Army 32 Battalion. Financial backers included Sir Mark Thatcher, son of former British Prime Minister Margaret Thatcher and possibly the British novelist Jeffrey Archer. Somewhere between $3 million and $20 million was expended on the failed coup, which is said to have had the tacit support of some Western governments and international corporations. In 2011 the government announced it was planning a new capital for the country, named Oyala. History of Equatorial Guinea The History of Equatorial Guinea is marked by centuries of colonial domination by the Portuguese, British and Spanish empires,