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Africa's New Oil

Download or Read eBook Africa's New Oil PDF written by Celeste Hicks and published by Bloomsbury Publishing. This book was released on 2015-04-09 with total page 258 pages. Available in PDF, EPUB and Kindle.
Africa's New Oil
Author :
Publisher : Bloomsbury Publishing
Total Pages : 258
Release :
ISBN-10 : 9781783601141
ISBN-13 : 1783601140
Rating : 4/5 (41 Downloads)

Book Synopsis Africa's New Oil by : Celeste Hicks

Book excerpt: The development of Africa's oil has greatly accelerated in recent years, with some countries looking at the prospect of almost unimaginable flows of money into their national budgets. But the story of African oil has usually been associated with conflict, corruption and disaster, with older producers such as Nigeria having little to show for the many billions of dollars they've earned. In this eye-opening book, former BBC correspondent Celeste Hicks questions the inevitability of the so-called resource curse, revealing what the discovery of oil means for ordinary Africans, and how China's involvement could mean a profound change in Africa's relationship with the West. A much-needed account of an issue that will likely transform the fortunes of a number of African countries – for better or for worse.


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