From Tropical Gangsters: One Man’s Experience With Development And Decadence In Deepest Africa by Robert Klitgaard.
We went back into town and looked around. Despite all the horror stories I’d heard about local conditions, Malabo made a good first impression. Most buildings were two-story Spanish colonial structures of no small charm – although colors that used to be white and yellow and light green had faded to off-white and battle-scarred tan and moldy green. The water stains on the walls were like mascara after tears. Malabo’s little harbor was spectacular. Ridged by steep cliffs a hundred feet high crowned with a majestic row of palms, the half-mile or so of harbor contained one big dock and one small one, and the sea in the distance looked clear and deep.