This fourth issue of the magazine presents a wide range of policy analyses, the main articles are a summary of an eight month project of research work on the extractives sector in Kenya. Known as the Extractives Sector Analysis and Policy Engagement, the project gave rise to five analytical policy papers covering facets of the industry such as fiscal policy, the legal and regulatory situation, implications for the environment and gender and the value chain, concluding with an analysis of the political economy of the sector. The Recent confirmations of discovery of the energy and mineral resources within Kenya's boundaries mean thet a sector that has thus far comprised a miniscule 1% of GDP shows promise of substantial future returns while presenting unique challenges that call for dispassionate analysis, policy engagement and publi education