12 Feb 2016
The ten member States of Economic Community of Central Africa States (ECCAS) are endowed with large reserves of fuel and mineral resources 30 percent of Africa's crude oil. With the right policies and institutional capacity in place, the exploitation of these mineral resources could generate substantial government revenues, create jobs and ultimately contribute to economic growth and development. However, available data reveals that the commodity price boom that preceded the recent bust has had a negligible impact on social development in the region.