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Profit and Loss: The Story of African Oil
 
 
Gabon
 
 
 
 
 
African children, Gabon flag and a tractor laying an oil pipeline

Gabon

 

After four decades of oil production, Gabon’s population of one million people should be enjoying the highest standards of health and education in Africa.

But critics say a tiny elite has siphoned-off the oil wealth. And the economy has been ravaged by the “Dutch Disease” – an economic malaise which sees the non-oil sector shrink and die even as the oil dollars roll in. And now the oil itself is running out.

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