Watching Government: African reforms

The US should be working harder to promote transparency and accountability in African oil-producing countries, according to a new report by the nonpartisan Center for Strategic & International Studies, Washington, DC.As industry boosts investments in Africa, international scrutiny grows over how leaders of some of the world's most impoverished nations will spend expanding oil revenues.According to CSIS, citing data from Washington-based PFC Energy, West African oil production is projected to increase substantially over the next decade, much of new production coming from offshore. Currently, the region produces 3.4 million b/d of oil. But by 2010 PFC said there is a 90% chance producti...

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