Just how much do the East African Community governments stand to gain from oil and gas exploration and extraction deals with foreign oil majors? Will the governments use the revenue to lift millions of people out of poverty? Will the return on investment on the countries’ natural resources and the huge government spending on infrastructure ease exploration and extraction?
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Swaziland has retained and continues to indefinitely retain its controversial status as an absolute constitutional monarchy. It is the only country in Africa with such a ‘distinctly maverick’ political order. The country’s political establishment is regarded by many critics as ‘archaic.’
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In an open letter, published before the EU Tax Summit in Brussels on the 22nd of May, 2013, Catholic bishops from Europe and Africa call on the heads of state to fulfill their moral responsibility and act for financial transparency, against tax fraud.
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Experts here are calling on the United States and the international community to increase pressure on the government of South Sudan to address weaknesses in its central governance. A high-level panel of scholars and government officials warned Wednesday that corruption, economic mismanagement and a lack of national unity could pose obstacles to the establishment of stability in the newly formed country.
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Whatever Jay-Z and Beyonce were expecting when they went to Nigeria in 2006, they can’t have seen this one coming. If the document New York-based muckrakers Sahara Reporters have published is authentic, then they have just scooped one of the news stories of the decade. No doubt about it.
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