Healing the East Africa resource curse
Monday, September 16, 2013 at 3:18AM
Michael Ndichu Kuria in Africa, Disclosure, East Africa, Extractive Industries, Kenya, Niger Delta, Nigeria, Tanzania, Uganda, production sharing agreements

There's no silver bullet to overcome the natural resource curse that haunts much of the globe. But countries in East Africa, the region I am most familiar with, can take several practical and affordable steps to exploit resources in ways that will benefit citizens and put realistic development goals within reach.

Here's what they can do:

Extractive companies and foreign governments can also play a more positive role.

We'll talk about that in the next post.

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Michael Ndichu Kuria is a contributing editor of the FCPA Blog. He's a counter-fraud and counter-corruption consultant currently active in the East, Central and Horn of Africa regions. He conducts anti-bribery compliance reviews, forensic audits, fraud and misconduct investigations, integrity reviews, fraud risk management, procurement policy compliance reviews, and controls assessments. He has also designed and reviewed anti-money laundering and counter terrorist financing systems for various public sector and private sector clients across the East African region. He can be contacted here.

Article originally appeared on The FCPA Blog (http://www.fcpablog.com/).
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