East African countries see oil and gas as a road to economic salvation. But are they too late to catch the boom?

Source: www.foreignpolicy.com

"The world is awash in oil, and crude prices are in free-fall, making tricky and expensive projects in Africa less appealing. And by the end of the decade, the world will enjoy a surplus of natural gas export capacity. Coupled with softening demand, especially in Asia, it all spells bad news for countries hoping to turn untapped resource wealth into glittering riches."

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