Fortune magazine article: "African Adventure
A good read on the problems faced by countries like Gabon who have
At least in Chad, Exxon hired a former PCV to help spread a little of
the oil profits to the people.
Oil revenue, all too often, is like a narcotic to developing nations.
Those in power get hooked on it and are adverse to spending any oil
revenue in developing their nation, only in feeding their
greedy/glutenous fixes. Those not in power see only the prize of the
oil narcotic and do not make the effort to further develop their
Reference book worth a read to all those interested in Gabon: "The
Rentier State in Africa" by Douglas Yates.
- Anyone interested in going? I plan to be at Roland Garros the end of
this month and am thinking about flying from Paris to Libreville in