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Original Essays | June 20, 2014

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Poisoned Wells: the Dirty Politics of African Oil (07 Edition)


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Publisher Comments:

Each week the oil and gas fields of sub-Saharan Africa produce well over a billion dollars worth of oil, an amount that far exceeds development aid to the entire African continent. Yet the rising tide of oil money is not promoting stability and development, but is instead causing violence, poverty, and stagnation. It is also generating vast corruption that reaches deep into American and European economies. In Poisoned Wells, Nicholas Shaxson exposes the root causes of this paradox of poverty from plenty, and explores the mechanisms by which oil causes grave instabilities and corruption around the globe. Shaxson is the only journalist who has had access to the key players in African oil, and is willing to make the connections between the problems of the developing world and the involvement of leading global corporations and governments.

About the Author

Nicholas Shaxson is a journalist who writes regularly for the Financial Times, The Economist, African Energy, and the insider newsletter Africa Confidential. He is an associate fellow with the Royal Institute of International Affairs (Chatham House) in London, and a world authority on the politics and economics of the oil-producing nations of the Gulf of Guinea. He has been covering the African oil trade for the last fifteen years.

Table of Contents

Introduction: A Paradox of Plenty in the New Gulf * Fela Kuti: How Things Fell Apart in the Oil Boom * Pedro Motú: A Morph to Another World * Abel Abraão: Wielding the Oil Weapon * Omar Bongo: Taking the Red Pill * Eva Joly: Elf Africaine and the Rabbit Warren * André Milongo: Golden Eggs * Obiang Nguema: What Caring Neighbors Do * Fradique de Menezes: Battening Down the Hatches * Arcadi Gaydamak: Between Global Borders * Dokubo-Asari: Corroding the Soul of a Nation * Global Witness: Hooligans and Rock Stars * Conclusion: Drawing the Poison

Product Details

Shaxson, Nicholas
Palgrave MacMillan
International Relations - Trade & Tariffs
Africa - South - General
Industries - General
Industries - Energy Industries
Economic Conditions
Petroleum industry and trade
Moral and ethical aspects
Petroleum industry and trade -- Africa.
Politics - General
Edition Description:
Trade Paper
Publication Date:
Grade Level:
9.25 x 6.13 in

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Related Subjects

Business » General
History and Social Science » Politics » General
History and Social Science » World History » General

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