Ghana’s Vice President Confident Africa Is Ready For Economic Transformation

Story By Malise Otoo in Accra, Ghana According to the African Transformation Report, ACETs flagship publication launched in October 2013, on the measures of economic transformation, it said, "Africa has been lagging behind East Asia, in large part because of state-led industrial policies in the first decades after independence and the market-led adjustment policies of the 1980s and 1990s. Since then, some African countries have been moving toward a middle course between the two policy extremes. Six of the 10 fastest growing economies in the 2000s were in Africa, and others were above or near the 7 percent threshold for economic takeoff, set to double their economies in ten years." However, this has not mostly happened in Africa and therefore much of the growth needs to come from better macroeconomic policies and booming commodity markets. Dr.Mahamadu Bawumia, Vice President of the Republic of Ghana delivering his keynote address during a…

Ghanaian Cultural Leader Criticizes Lack Of Transparency In Africa’s Extractives Industry

There are no transparent fiscal regimes in Africa governing oil, gas and mining in Africa, an unfortunate trend on the continent which has condemned indigenous people at the hands of foreign investors who come to take away the continent’s natural resources, a cultural leader told a meeting in Accra, Ghana. This was said by the Paramount Chief of Western Nzema Traditional Area, Nana Awulae Annor Adjaye, during the opening session of this year’s Summer School on Oil, Gas and Mining Governance (Anglophone Africa Regional Extractives Industries Knowledge Hub), organized by Natural Resource Governance Institute (NRGI) in Accra, Ghana. The Summer School has attracted about 45 participants from Kenya, Uganda, Tanzania, Mozambique, Malawi, South Africa, Ghana, Nigeria, Sierra Leone, Zimbabwe, Cameroun and Botswana. Participants are mainly from civil society, media, academia and government bodies. While what the cultural leader raises is not a new issue, it points to a continent doing…

Women Demand Role In Extractives Industry Decision Making

The marginalization of women in the extractives sector was predominantly raised at the ongoing Summer School on Oil, Gas and Mining Governance (Anglophone Africa Regional Extractives Industries Knowledge Hub) organized by Natural Resource Governance Institute (NRGI) in Ghana’s capital Accra. Women’s contribution to the overall management and development of natural resources especially in Africa has over the years been a contentious issue and Dr. Rose Mensah Kutin, the director of Abantu for Development in Ghana, while discussing gender and extractives in Africa at the Summer School, was quick to point out the need to empower and involve women in key decision making. Dr.Mensah speaking at the opening session of the two week Summer School which taking place at the International Students Guest Centre in Accra on Monday demanded that there is reasonable participation of women in decision making because women are in a ‘precarious situation’ but can make a contribution.…

Extractives Summer School Kicks Off In Accra

The 2017 Summer School on Oil, Gas and Mining Governance also known as Anglophone Africa Regional Extractives Industries Knowledge Hub kicked off in Accra, Ghana’s capital at the International Students Guest Centre on Monday, 4th September 5, 2017. The training has attracted professionals from civil society, media, governments, academia among others. The two week training has attracted about 45 participants from Uganda, Tanzania, Kenya, Mozambique, South Africa, Malawi, Zimbabwe, Ghana, Nigeria, Botswana and Kenya to discuss issues of governance, revenue management, extractives value chain and how best oil, gas and mining can be effectively used to improve Africa economically. The training that will involve a field trip to visit Ghana Oil activities in Atuabo, western Ghana is organized by Natural Resource Governance Institute (NRGI) with support from Germany International Cooperation (GIZ). The Africa Regional Extractives Industries Knowledge Hub first saw light in 2009. Speaking at the opening session of this…

Hoima Municipality Risks Losing World Bank Funding

By George Busiinge Hoima Municipality is at risk of losing more funding from World Bank on claims of failure to monitor and supervise the implementation of the first phase of Uganda Support to Municipality Infrastructure Development (USMID) project. Leading a team of World Bank officials during the project evaluation in Hoima on Monday, Martin Ora, the country representative World Bank questioned the municipality leadership as to why the first project phase is not being completed in time. He warned that they may be forced to block more funding if the contractor fails to produce quality work. Engineer Isaac Mutenyo, Program Coordinator blamed the municipality leadership over failure to monitor the project implementation. Grace Mary Mugasa, the municipality mayor assured the officials that the first phase will be complete three months from now. She said the contractor had issues in the bidding process which affected the performance. Government in 2015 contracted…

South America Plans For Its Renewable Energy Future

Energy policy makers and senior representatives from across South America met to identify steps required as they prepare to integrate increasing levels of renewable energy from variable sources, such as solar and wind, into their grids. The four-day workshop, organised by the International Renewable Energy Agency (IRENA) in partnership with the Argentinian Ministry of Energy and Mining, is taking place in the Argentinian capital Buenos Aires and gathered representatives from countries across the continent, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, and Uruguay. The workshop facilitated a dialogue involving IRENA and South American representatives, focused on exchanging best regional and global practice for planning and modelling variable renewable energy as the region looks to further develop its renewable energy generation capacity. In recent years Latin America has seen impressive growth in non-hydropower renewables, whose installed capacity has more than tripled between 2006 and 2015, from 10 gigawatts…

Minister Warns That Oil Could Be Useless

Bunyoro Parliamentary caucus has supported the Oil refinery affected people for rejecting the resettlement houses in Kyakaboga village in Buseruka Sub County. This follows reports that people rejected the houses that were handled over to them early this month. Residents led Innocent Tumwebaze the chairperson Oil refinery affected people told Bunyoro parliamentary caucus at Nyahaira primary school that houses were not constructed as they were promised by government. Tumwebaze says Government promised them to construct their houses in their land but not a camp and the houses have no power, no water tanks at the houses and can’t accommodate their families. He says medical services are very distant, children are not going to school, eighbourhood is bushy and a threat to safety and security saying that this them to reject government’s offer. Those that took keys are using the houses as stores for their maize but not staying and sleeping…

Refinery Project Affected Persons Get Homes

The Ministry of Energy and Mineral Development on Thursday commissioned forty-six houses located in Kyakaboga Parish, Buseruka Subcounty Hoima District to the eligible households, who opted for resettlement during the land acquisition process for the refinery and other petroleum infrastructure in Kabaale Parish,Buseruka Subcounty Hoima District. While presiding over the ceremony, Hon. Eng Simon D’Ujanga, Minister of State for Energy thanked the project affected persons (PAPs), the Bunyoro region for accepting to host a significant part of the oil and gas infrastructure that is required for Uganda to become an oil producing nation. “The 29.57 square kilometres of land in Kabaale will host the 60,000 barrels of oil per day refinery, an international airport, Petrochemical Industries together with crude oil storage, Logistics, warehousing and other associated facilities”, he added. The commissioning of the houses is a culmination of the land acquisition process which was guided by a Resettlement Action Plan…

Total, CNOOC Take On Uganda’s International Oil & Gas Summit

Total and CNOOC Limited have confirmed their support for the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017, partnering as lead sponsors and co-hosts to the event when it returns 27-28th September at the Hotel Serena, Kampala. This year’s SUmmit is held under the auspices of the Ministry of Energy and Mineral Development, Uganda with the support of the Uganda National Oil Company and Petroleum Authority Uganda. Building on the success of its 2nd edition in 2016 which saw over 350 attendees, UIOGS 2017 will again demonstrate the importance of Uganda’s exciting oil and gas industry, discussing and debating the future of exploration and production in the region. It will feature presentations from industry leaders and experts in their fields from all across the world. Further underlining its growing international significance, UIOGS 2017 now has supporting partners from all over the globe including Ponticelli Uganda, Emerson Automation Solutions, Civtec…

Museveni, Magufuli Tee Off Oil Pipeline Construction

The presidents of Uganda and Tanzania teed off the construction of the 1,445 km East African Crude Oil Pipeline (EACOP) with a promise that the infrastructure will boost the Foreign Direct Investment of both countries. The Joint Venture partners; CNOOC Uganda Limited, Total E&P Uganda and Tullow Uganda are spearheading the construction of $3.5billion pipeline which will be the longest electronically heated crude export pipeline. The venture partners said the project, which will transport crude from Hoima in western Uganda to the coastal port of Tanga in Tanzania, would open up the entire East African region to further opportunities for trade and socio – economic development. Tanzania’s President, John Pombe Magufuli called on the Joint Venture partners to treat the construction of the pipeline with urgency. We don’t need to delay the completion of the project for almost three years. They can do it even night and day to ensure…
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