Angola: Disclosing oil wealth

Last month, the Angolan government did something startling: it announced that an oil deal signed with ChevronTexaco would bring the country $300 million. The disclosure of a single figure may not seem a triumph of transparency, but in the past Angola - like many other countries - treated its oil revenue as a state secret. Revealing its oil payments is the first of many anticorruption measures that Angola desperately needs.