Collateral damage only from credit crunch as Africa seeks wider spread of funding sources


Issue 177 - 31 Dec 2009 | 2 minute read

Personalised politics cloud deals and jeopardise development. In many African countries, highly personalised politics, weak leadership, lack of institutional capacity and outright graft all work to undermine progress towards building efficient, modern energy industries. Despite real progress made by governments, companies and other stakeholders in the past decade, many industries and deals lack transparency and political risks

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