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Petroleum extraction in Africa

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submitted on 2023-09-11, 11:11 and posted on 2023-09-13, 12:25 authored by Austin Dziwornu Ablo, William Otchere-Darko

Many other countries have managed to secure socio-economic development by extract-ing natural resources. But, the situation is generally diferent in sub-Saharan Africa as in other emerging economies. Studies from Nigeria (Okpanachi and Andrews 2012), Sudan, Equatorial Guinea, Democratic Republic of Congo and Angola (Ovadia 2013), and Bolivia (Haarstad 2014) show how poorly managed extractive sector can lead to the so-called resource curse (e.g. Kopinski et al. 2013; Auty 1994). For several decades, scholarly debates on Africa’s extractive industry focus on the inverse relationship between natural resources and develop-ment. However, recently grounded in Africa Rising discourse (Heilbrunn 2014; Fioramonti 2014), scholarly works emphasise natural resource-driven GDP growth in Africa.

Other Information

Published in: Routledge Handbook of Public Policy in Africa
License: http://creativecommons.org/licenses/by-nc-nd/4.0
See chapter on publisher's website: https://dx.doi.org/10.4324/9781003143840-65

History

Language

  • English

Publisher

Routledge

Publication Year

  • 2021

License statement

This chapter is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License

Institution affiliated with

  • Hamad Bin Khalifa University
  • College of Public Policy - HBKU

Geographic coverage

Africa

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