0
It'll bring in revenue. However, there is no guarantee it'll go to the nation - given the history of politics in post-colonial Africa, the odds are against it. Instead, it'll likely line the pocket of kleptocratic politicians, and cause the nation to be ultimately exploited and bled dry for a pittance.
What else can I help you with?
Which are the most influential African countries?
Nigeria - Most Populous African Nation with tremendous oil reserves and military influenceEgypt - Largest standing Military On the continentSouth Africa - Strong Economy and most "western-like" infrastructural set up (Apartheid legacy)Ghana - Most democratic -orientated nation( historically)
What country does Africa trade oil with?
Africa trades oil with several countries, primarily including China, the United States, and India. China is a significant partner, importing large volumes of crude oil from African nations like Angola and Nigeria. The U.S. and India also engage in substantial oil trade, sourcing oil from various African countries to meet their energy needs. Additionally, European countries import African oil, particularly from nations like Libya and Nigeria.
How do reset the oil service light on a 2001 polo South African model?
How do reset the oil service light on a 2001 polo?
What is SASOL?
South African Synthetic Oil Limited
What country has begun offering African nations money for roads railways and schools with relatively few strings attached in order to secure oil from African countries to fuel its development?
China
Is Ghana's oil discovery a blessing or a curse?
yes
Why is oil both of blessing and a curse to Africa?
As with many other countries, particularly in the Middle East, oil is a blessing because it allows them to generate enormous profits as a state. But it's a curse because they then have little interest in diversifying their economy, which is essential for many things. Corruption and tyranny typically are the worst side effects of a nation rich and oil and little else. Economically, a crash in oil prices would be devastating for this nation - they have nothing to hedge on.
How do you spell annoiting?
The correct spelling is "annointing" (marking or blessing with oil).
How is oil both a blessing and a problem for the Arabia peninsula?
Blessing: It allows for rapid modernization and growth in an area that is otherwise almost completely unproductive and financially non-viable. Curse: It allows for the survival of cruel and authoritarian dictatorships since they can support themselves on oil revenues without having to deal with taxation and "paying" (both to stop people from protesting and to hire police to beat those who won't back down to money) to avoid needing to concede to partial democratic reforms.
What is an oil nation on the Persian gulf?
Kuwait is an "oil nation on the Persian Gulf"Kuwait is one.
What African country has the most oil?
Nigeria is the African country with the most crude oil
When people get confirmed what is the oil called?
when people get confirmed it is called a blessing, an anoiting,or a cleanse.
Indonesia is an oil-producing nation?
Yes. It is the second largest oil-producing nation in Asia; second to China.
Which west african city has the largest oil reserves?
There has been discovery of many oil reserves in Africa. Nigeria has the most oil reserves in the African continent.
What is one possible use for nanotechnology?
murder of curse and getting rid of oil spills
Can a child be annointed?
A child can be anointed with Holy and Consecrated Oil so that they may receive a blessing to be healed.
Is there an African country that produces oil?
Equatorial Guinea produces oil!
