What are the lessons we can learn from their successes and failures? Is there really a resource curse? Why does it hit some countries harder than others? Case studies of eight African oil-rent-dependent states (Angola, Cameroon, Chad, the Republic of Congo, Equatorial Guinea, Gabon, Nigeria and Sudan) are tabulated for comparative analysis. These are followed by several two variable correlations of oil-rent dependency (independent variable), which analyse poverty, corruption, governance and violence (dependent variables). In conclusion, various moral lessons are drawn concerning the present-day realities of the oil-governance initiatives.
SAIIA sincerely thanks those who acted as peer reviewers for this paper.
