Rabah Arezki, a former vice president and chief economist at the African Development Bank, is Director of Research at the French National Center for Scientific Research and a faculty affiliate at Harvard Kennedy School.
Michael L. Ross is a professor in the Department of Political Science and the Institute of the Environment and Sustainability at UCLA.
Africa is facing one of the world’s great energy windfalls. The continent holds roughly 125 billion barrels of confirmed oil reserves and more than 620...