Resource-rich developing countries should ensure that most (if not all) revenues mining generates from non-renewable minerals like oil and natural gas serve low-interest loans to both public and private sectors investing in the development of infrastructural and wealth generation projects which are proven beyond doubt they are capable to pay back the loans timely. It is taking into consideration that the non-renewable mineral revenues Governments in mineral rich developing countries earn from mostly foreign whole owned development and exploitation of their minerals are for both Governments and private sectors throughout generations in the developing countries they belong to... The surest way of ensuring non-renewable mineral revenues generated from the development and exploitation of non-renewable mineral deposits in mineral rich developing countries serve all throughout generations in the developing countries they belong to is to deposit most (if not all) of the revenues in a sovereign fund which serve low-interest loans to both public and private sectors investing in the development of high-return infrastructures (that support investing in wealth generation) and wealth generation projects proven beyond doubt they are capable to pay back the loans timely. Non-renewable mining revenues should directly benefit both Governments investing in the development of high return infrastructures (like in power and water supply) and private sectors investing in wealth generation endeavours proven beyond doubt they are capable to regenerate with profit timely, that is enable Governments and private sectors to generate profits from them and leave them there for other future Governments and private sectors to exploit similarly, that is serve generations in the developing countries they belong to sustainably. Yes, mineral rich developing countries could use anticipated future mineral revenues as collateral in their mobilization to enable the in-advance investing in high return production projects like in local power and water supply, and other wealth generation projects. Investing future mineral revenues in advance is enabling society time to accumulate more profits than society could accumulate from the late investing of mining revenues as they arrive. Most important is to deposit all revenues borrowed using future mining revenues as collateral in the sovereign fund to enable it start serving the mineral rich developing countries in advance in the form of low-interest loans to both Governments investing in the development of high return infrastructures (which support investing for wealth creation) and private sectors investing in wealth creation endevours proven beyond doubt they are capable to regenerate with profit timely. Depositing the revenues borrowed using future mining revenues as collateral ensures that the non-renewable loans borrowed using non-renewable future mineral revenues serve public and private sectors throughout generations in the mineral rich developing countries they belong to sustainably. It is also important that the Governments investing in high return infrastructure projects like in power and water supply to support investments in the local economies should be through public-private sector partnerships which would be enabled to benefit from the superior private sector directors through public-private sector Boards which would be immune to corrupt attacks.

Yes, resource financed infrastructure can fix the natural resources curse when carried out through a Sovereign Fund which serves low-interest loans to societies through high return infrastructures which are proven beyond doubt the would regenerate with profit timely.

This is quite an interesting concept, keen on reading the full WB report. RFI's are something we can start bringing up on the Kenyan discussion with large infrastructure projects like the Lamu Port South Sudan Ethiopia Transport Corridor (LAPSSET) being prompted by the recent discovery of oil and gas.