Kenya Must Get It Right With Oil


Last month, Kenya declared that oil was discovered off its coast for the first time. Nairobi expects explorers to invest at least $40 million in the country and dozens of international oil companies have already expressed interested in offshore blocks. But with civil war simmering in neighboring Somalia and a looming water crisis in the region, Nairobi should take heed that the power which comes from oil reserves does not lead to corruption as the country heads toward national elections. British energy exploration Tullow Oil last month said…

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