New Report: The Anatomy of the Resource Curse: Predatory Investment in Africa’s Extractive Industries

Lesley on Africa

My colleague, J.R. Mailey of the Africa Center for Strategic Studies, just published The Anatomy of the Resource Curse: Predatory Investment in Africa’s Extractive Industries. Full disclosure: I haven’t read the report in its entirety, but I’ve seen J.R. brief on this topic and know the investigative and analytical work that went into producing it, so I’d highly recommend reading it. A summary is below:

With more than 20 countries possessing bountiful oil and mineral deposits, Africa is home to more resource-rich states than any other region in the world. If accountably governed, natural resource wealth could be a boon to a society, enabling valuable investments in infrastructure, human capital, social services, and other public goods. Yet, living conditions for most citizens remain dismal as a result of inequitable distribution of resource revenues. Natural resource wealth is also strongly associated with undemocratic and illegitimate governance. Roughly 70 percent of…

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