At the end of the PWYP African regional meeting, which took place at Limbe on March 2007, a regional action plan was approved by the PWYP coalitions throughout Africa.

In order to further develop, improve and implement some sections of the action plan, the members of the PWYP campaign in Africa agreed to meet in Libreville, Gabon, from 27 to 29 June 2007 after an EITI training organized by the World Bank mostly for French-speaking countries in Africa.

Africa is fast becoming a key supplier of oil to the United States. In a decade, nearly a quarter of all oil supplies will come from the region. As this report argues, despite this “oil boom” ordinary Africans will see no improvements to their lives so long as revenues continue to flow into governments lacking in transparency and accountability. This report addresses two key questions: How can Africa’s oil boom contribute to relieving poverty? What policy changes should be implemented to promote the management and allocation of oil revenues in a way that will benefit ordinary Africans?

“Last week, the first oil tanker left the waters off Kribi, Cameroon, its belly filled with 950,000 barrels of crude and the hopes of millions of Chadians to whom the oil belongs. But fragile are the hopes that the $2 to 6 billion in oil revenues estimated to flow into Chad over the next 30 years will lift people out of poverty.

The controversial Chad-Cameroon Oil Development and Pipeline Project was widely seen as a test case for how a country could overcome the “resource curse” by consciously using oil production revenues to reduce poverty. The $4.2 billion project, with its 665-mile pipeline was led by Exxon-Mobile with financing from the World Bank and the International Finance Corporation.

Acommunique on the Chad-Cameroon oil and pipeline project and how the situation stands three years on from exploitation.

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The Publish What You Pay (PWYP) coalition is concerned about the current stalemate between the Chadian government and the World Bank following the government’s amendment of Law 001 – the petroleum revenue management law

The Chadian Association for the Promotion and Defense of Human Rights (N’Djamena, Chad) and Environmental Defense (Washington, D.C.) welcomed the World Bank’s decision last Friday to suspend funding for Chad, but called attention to the urgent need to address problems of social disruption, public health and environmental damage resulting from the controversial Chad-Cameroon oil & pipeline project.

Washington, DC – The World Bank suspended all loans to Chad today because of the Chadian government’s intention to funnel oil revenues – meant for education and healthcare – to the military. Oxfam International regrets Chad’s decision to gut its innovative oil revenue law and urges the World Bank to learn from the lessons of this failed experiment.

The Chad-Cameroon oil pipeline forms part of a project to develop the oil fields discovered in the 1970s in Southern Chad, and transport the oil through the Cameroon to an offshore terminal off the Atlantic coast.

The oil fields are to be developed and operated by an oil consortium of ExxonMobil, Petronas and Chevron that obtained a 30-year concession from the Government of Chad.

There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon’s oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency.

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