African oil and gas are increasingly in demand because of technological advances, rising commodity prices, and an extreme global thirst for energy. Countries like Niger, Uganda, Chad, Ghana, Kenya, and Tanzania are looking at the prospect of previously unimaginable flows of money into their national budgets. The story of African oil, however, is historically associated with disaster. Today, older producers, such as Angola, Nigeria, and Cameroon, have little to show for the many billions of dollars they ve earned. Oil money has been shown to fuel conflict and corruption in these areas,...
African oil and gas are increasingly in demand because of technological advances, rising commodity prices, and an extreme global thirst for energy. Co...