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Profit and Loss: The Story of African Oil
 
Sao Tome and Principe
 
 
 
 
 
 
Image of beach with palm trees and an oil platform

Sao Tome and Principe

 

Africa’s smallest nation is on the brink of an oil bonanza and President Fradique Menezes says he’s determined that every citizen will benefit.

International experts have been drafted in to write a new oil law, and the public are being asked how they want to see the oil wealth spent.

But allegations of corruption already surround early oil deals, and the government has been challenged by an abortive military coup. Can Sao Tome escape the curse of oil?

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