The Democratic Party of Equatorial Guinea (PDGE) holds 99 of the 100 seats in the outgoing lower house of parliament and all 70 of the senate seats.
Obiang, 80, is the longest ruling head of state in the world excluding monarchs but it was uncertain if he would stand again or whether his son would succeed him.
It was his son, Vice President Teodoro Nguema Obiang Mangue, nicknamed “Teodorin”, who made the announcement.
“Because of his charisma, his leadership, and his political experience”, the ruling party unanimously chose Obiang as its candidate for the November 20 poll, Obiang Mangue wrote on Twitter.
The Democratic Party of Equatorial Guinea (PDGE) holds 99 of the 100 seats in the outgoing lower house of parliament and all 70 of the senate seats.
But it had not been clear who would be named as the party’s candidate on the presidential ballot. No other candidate has so far been declared.
Obiang seized power in a coup in 1979 that led to the execution of his feared, ruthless uncle and predecessor Francisco Macias Nguema.
The PDGE was the country’s single legal political movement until 1991, when multi-party politics were introduced.
But Obiang himself has never officially been re-elected with less than 93 percent of the vote.
He could now be set for another seven years in power.
Last year, Teodorin seemed to have been lined up to stand in the elections. In the end, however, and to general surprise, he was not chosen as a candidate last November.
Observers and diplomats pointed to a power struggle between Teodorin and certain regime figures who did not want to see the president’s son taking over the reins of power.
Teodorin has been sentenced in France to a three-year suspended prison term and a fine of 30 million euros for having fraudulently accumulated luxury properties and goods.
On Tuesday, the small, oil-rich country announced it was bringing forward the presidential vote by five months.
It also said the poll would take place at the same time as parliamentary elections.
Holding the two costly votes together was necessary at a time of economic crisis due to the Ukraine conflict and the pandemic, it said.
The country, one of the world’s most authoritarian, abolished the death penalty, state television announced on Monday citing a new law signed by the president.
International rights groups regularly accuse the authorities in the former Spanish colony of human rights abuse
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