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Angola Launches $5 bln Sovereign Wealth Fund

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Angola on Wednesday launched a $5 billion sovereign wealth fund to invest in domestic and overseas assets by funnelling its vast oil wealth into...

American Land Grabs Mirror Africa’s Colonial Past

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While Africa may have celebrated the demise of colonialism, it seems the continent is sliding back to those days, as investors continue to push...

Africa’s Emerging Energy Giants May Have Transparency On Their Side

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Among the extractive industry stakeholders who gathered in the Sussex countryside last month to discuss transparency were representatives of some of the world's leading...

BP Making Secret Payment in Angola in Exchange for Oil Concessions

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As oil industry lobbyists attempt to water down watershed transparency legislation in the United States and the European Union, Global Witness shows that BP...

Report Cautions Against Deepening Corruption in Oil Sector

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A new report by Global Witness, an international non-governmental organisation, has warned of a high risk of corruption in natural resource contracts in Nigeria...
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