Home | About Us | News Feeds RSS | Subscribe | Support Us | User Login | Search

InfoServ Pages
RSS RSS News Feeds
Topics
Africa General
AU/NEPAD
Culture
Ecology
Economic Justice
Food and Land
Gender
Health and AIDS
History
Human Rights
Interfaith Relations
Media
Profiles
Resource Extraction
Youth & Children
Regions
Central Region
Eastern Region
North Africa Region
Southern Region
Western Region
Countries
Angola
Sudan and South Sudan
Zimbabwe

Coordinator's Picks


About InfoServ
Purpose
History
Identity
Editorial Policy
Content
Africa Research Archive
Free E-mail Service
Longer, analytical article.  Rigged? The scramble for Africa’s oil, gas and minerals

Summary & Comment: Global Witness has published a new investigative report called “Rigged? The Scramble for Africa’s Oil, Gas and Minerals”, which raises concerns about transparency and due process in the allocation of oil licences in Nigeria and Angola and the sale of mining assets in the DRC. JK

Author: Global Witness Date Written: 8 February 2012
Primary Category: Resource Extraction Document Origin: Global Witness
Secondary Category: Africa General Source URL: http://www.globalwitness.org
Key Words: Angola, Nigeria, resource extraction, transparency, accountability, EITI,

African Charter Article #21: All peoples shall freely dispose of their wealth and natural resources for their exclusive interest, eliminating all forms of foreign economic exploitation. (Click for full text...)



Printable Version

Rigged? The scramble for Africa’s oil, gas and minerals

http://www.globalwitness.org/library/rigged-scramble-africas-oil-gas-and-minerals 

Summary:

The intensifying competition for commercial access to the world’s remaining deposits of oil, gas and minerals brings with it a serious risk of exacerbating corruption and violent conflict. Our new report shows that in Angola and Nigeria there is a risk that complex deals struck between governments and corporations for access to natural resources could be used corruptly to benefit vested interests in these countries, rather than the citizens. The report also points to major concerns over opaque sales of mining assets in the Democratic Republic of Congo to offshore companies.

Our research reveals two major problems in the government allocation of oil contracts:

  1. Governments are not making clear the grounds for why a particular company is given a contract. In certain cases, they appear to allow certain companies special or preferential access to oil licences, leading to doubts about the integrity of the process.
  2. Governments are awarding the licences to companies whose beneficial owners remain undisclosed. In certain cases, there are grounds for suspicion that some of the companies may be owned or controlled by government or their private sector proxies.

If citizens do not know why particular companies have been awarded natural resource licenses, it can lead to suspicions of wrongdoing, especially in countries like Nigeria, Angola and the DRC with track records of natural resource related corruption. Transparency is crucial for citizen’s ability to trust that there has been no conflict of interest and to ensure that Angola, Nigeria and the DRC use their natural resource revenues for development and poverty reduction.

To read the full report, go to http://www.globalwitness.org/sites/default/files/library/RIGGED%20The%20Scramble%20for%20Africa's%20oil,%20gas%20and%20minerals%20.pdf

Printable Version

Disclaimer: Opinions expressed in this article are those of the writer(s) and not do necessarily reflect the views of the AfricaFiles' editors and network members. They are included in our material as a reflection of a diversity of views and a variety of issues. Material written specifically for AfricaFiles may be edited for length, clarity or inaccuracies.

     top of page

 back to Coordinator's Picks page