Sao Tome and Principe at Oil Bonanza Crossroads

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Sao Tomé et Principe bénéficiera-t-il de la manne pétrolière ?

Une plage de Sao Tomé et Principé copyright AFP PHOTO ISSOUF SANOGO

With the discovery of large amounts of oil in the Gulf of Guinea, the small archipelago of Sao Tome and Principe faces the possibility of benefiting from considerable oil revenues. However, a report released by Human Rights Watch (HRW) on Tuesday documents the difficulties in managing the revenues from the hydrocarbon business in an effective and transparent way.

IPS

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