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Abstract
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.
Celeste Hicks is a freelance journalist and former BBC correspondent, who has lived and worked across the Sahel and in Somalia.
'The new oil scramble in Africa is a hugely important development topic, and while there is now a vast and sophisticated literature on the political economy of the "older" petro-states across the continent (such as Nigeria, Angola, Algeria), there is no comparable analysis of the sort offered by Africa's New Oil. This book combines well both ethnographic and lived experiences in the narrative as well as more policy inflected and academic debates.'
Michael J. Watts, author of Curse of the Black Gold
'Through meticulous research, rigorous analysis and personable jargon-free language, Celeste Hicks lays bare one of the great development dilemmas of our time. Africa's New Oil is a must-read for anybody who wishes to see the wealth from the continent's natural resources fairly distributed, as well as being a practical handbook for those actively pressuring their governments to exploit those resources for the benefit of all.'
Pete Lewenstein, author and former deputy editor at BBC African Service
'A timely and deeply insightful look at the oil industry in Africa. Hicks aptly captures key policy decisions and outcomes from country to country, while highlighting the important contextual challenges that influenced these policy choices.'
Charles Wanguhu, coordinator, Kenya Civil Society Platform on Oil and Gas
'In this vivid account, Celeste Hicks clearly shows the complexities that are at the intersection of oil governance reform and the political realities of weak institutions, impunity, poor planning, conflict, corruption and entrenched elite interests. This is a must-read for all people that are at the frontlines of working towards reforming the governance of mining, oil, gas resources and revenues.'
Gilbert Makore, coordinator, Publish What You Pay-Zimbabwe
'Africa’s New Oil is a well-written
journalistic introduction to the continent’s new oil producers and its case studies
can offer something of value to academic and lay readers alike.'
Journal of Retracing Africa
Table of Contents
Section Title | Page | Action | Price |
---|---|---|---|
Front Cover | Front cover | ||
African Arguments | i | ||
About the Author | iv | ||
Title Page | v | ||
Copyright | vi | ||
Contents | vii | ||
Maps and Figures | viii | ||
Acknowledgements | ix | ||
Abbreviations and Acronyms | xi | ||
Introduction | 1 | ||
1: Chad: A Model Project | 16 | ||
Revenue Management | 18 | ||
Environment | 19 | ||
The Political Context | 20 | ||
A Law with Flaws | 23 | ||
The Military Threat | 25 | ||
The End of the Model Project | 30 | ||
The End of the Rebels | 32 | ||
Lessons Learned for the World Bank? | 34 | ||
2: The Aftermath | 39 | ||
Escaping the Resource Curse: Key Themes | 39 | ||
Revenue Management | 48 | ||
Civil Society: The Silver Lining | 61 | ||
Environmental Protections | 66 | ||
Development of Local Content and the Impact on the Wider Economy | 68 | ||
Bringing it all Together: Is Chad Resource Cursed? | 71 | ||
3: Lessons Learned for China? | 78 | ||
‘We Don’t Understand Why the Western Media is so Critical’ | 81 | ||
The Political Context: Guns, Money and Oil | 84 | ||
The Chinese Contract | 86 | ||
Local Content and Wider Economic Impact | 90 | ||
Djérmaya Refinery | 93 | ||
China and Transparency | 94 | ||
The Deal Unravels | 96 | ||
Environmental Concerns | 97 | ||
4: Resource Nationalism in Niger | 105 | ||
Local Content and Revenue Sharing | 105 | ||
Political Context | 108 | ||
Resource Nationalism: The Issue of the Moment | 111 | ||
Civil Society and Journalism | 116 | ||
Contracts and Revenue Transparency | 119 | ||
Slow Progress | 121 | ||
Future Success | 123 | ||
Assessing China’s Success | 125 | ||
5: Civil Society Power in Ghana | 128 | ||
Ghana’s Black Gold | 131 | ||
Transparency and Revenue Management | 134 | ||
Contracts | 136 | ||
Local Content | 137 | ||
Pathway out of Poverty? The Impact on The Economy of the Oil-producing Region | 139 | ||
Regional Compensation and The Environment | 141 | ||
Eldorado Missed? | 144 | ||
Accountability and Quality of Spending | 146 | ||
The Limitations of Transparency | 149 | ||
Ghana’s Transparency Scorecard | 153 | ||
6: The East African Miracle? | 156 | ||
Towards A Regulatory Framework: Uganda | 158 | ||
Kenya | 175 | ||
Women | 188 | ||
Kenya Versus Uganda: Will They or Won’t They? | 193 | ||
Conclusion | 195 | ||
Breaking The Resource Curse: An Evaluation | 196 | ||
Revenue Management | 198 | ||
Chad: Lessons Learned | 201 | ||
Beyond Transparency | 205 | ||
Notes | 210 | ||
Bibliography | 216 | ||
Index | 226 | ||
Back Cover | Back cover |