Guinea

New Book Sees Oil As Troubled Resource for Africa

26 June 2007 -- A new book entitled Poisoned Wells: The Dirty Politics Of African Oil claims Africa's oil has contributed to poverty, corruption and conflict on the continent.

West African nations, including Nigeria, Angola, Gabon and Guinea, produce about 5 million barrels of oil per day, or 15 percent of the oil on the world market. The resource has pumped billions of dollars into the hands of West African governments and multi-national oil companies.    » read more »

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