Contents; List of Figures, Tables, Boxes, and Map; Acronyms and Abbreviations; Executive Summary; 1 Introduction; 2 Oil and Gas in Africa; 3 Maximizing the Benefits from Africa's Oil and Gas Resources; 4 Impact of High Oil Prices on African Economies; 5 Challenges and Opportunities; 6 Conclusions and Recommendations; Bibliography
Summary
The book, a joint work of the African Development Bank and the African Union, presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources. It partly draws on a model that simulates the impact of high oil prices on African economies, amodel that was developed by the Research Department of the Bank in a separate study. The roles of AfDB and AU are