The Economic Impact of Strategic Risk on Petroleum Ventures: Examples from West Africa

1995 ◽  
Author(s):  
L.K. Ethetton ◽  
W.D. Brumbaugh

Subject Security update Significance In late March, Chadian forces launched a military assault on Boko Haram and the Islamic State West Africa Province (ISWAP) in the Lake Chad region, renewing Chad’s reputation as a more decisive military power than most of its neighbours. Yet the campaign has also evoked questions about transparency and about Chad’s role within the long-term regional fight against the two jihadist groups. Meanwhile, Chad is bracing for the COVID-19 pandemic, especially its economic impact. Impacts COVID-19 may benefit jihadists by allowing them to regroup while governments are distracted. The virus could also kill jihadist fighters and supporters and undercut their revenue. Chad would be unlikely to pull back troops from foreign commitments that France supports, such as in Mali or G5 Sahel.


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