Africa's Oil, Gas and Energy News.
By NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion … Read More
The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More
By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber 2021 could be the beginning of a much needed reset for US relations with Africa and its … Read More
Uganda is preparing to join, the global standard for the promotion of transparency and good governance in the management of oil, gas and mineral resources, the extractive industries transparency initiative (EITI) after … Read More
Three lobbying groups namely Global Rights Alert, ActionAid Uganda and Transparency International have kick started an online petition to push for transparency from the Uganda government and international oil companies. … Read More
Source: resourcegovernance.org Earlier this year, Ugandan President Yoweri Museveni signed the Public Finance Management Act (PRMA) 2015 into law and created one of the world’s newest sovereign wealth funds. While the law … Read More
The Government of the Republic of Burundi formally committed to implement the Extractive Industries Transparency Initiative, EITI Standard in a declaration published by Come Manirakiza, Minister of Energy and Mine on … Read More
Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More
