With ExxonMobil set to begin oil production in Guyana next year, this tiny South American country will soon become unthinkably rich. But neighboring Venezuela shows how an oil boom can go bust.
Can a new government, perhaps by shoring up democracy and oversight, harness this commodity for peace and prosperity?
A major constraint that prevents Kenyans from benefiting from the oil sector includes the lack of specialised training or technical skills
In just a few years, Burkina Faso has become the fourth largest gold exporter in Africa. But with 43% of the population still below the poverty line, what are the local benefits?
Across countries, we find that FDI inflows driven by new projects in new industries increased by 58% in the two years following a giant discovery
Across the world, authoritarian regimes are taking oil from its rightful owners – the people.
Guyana is on the verge of an oil bonanza that could bring in US$1 million a day. But if it's not careful, this poor nation – population 750,000 – could fall prey to the dreaded 'resource curse.'
How is a country that was once South America's richest now on the verge of bankruptcy? A Venezuelan economist breaks down his country's descent into chaos.
Saudi Arabia's economy is almost entirely dependent on oil. Here's how it's trying to change that.
Nigeria needs a collaborative approach involving voluntary partnerships between the state, an international development agency, the business sector and civil society to solve its problems.
The country is now compelled to send its army into an area where a major resource extraction project has failed to deliver on its promises to landowners.
South Africa's central bank should urgently insulate the rand from further financial chaos by imposing tighter exchange controls.
Local people in India are supposed to be protected by progressive laws. But the reality is a far cry from that.
Gabon has the lowest trust ratings of any election commission among the 36 African countries surveyed by Afrobarometer.