Extractive Industries and Changing State Dynamics in Africa


Book Description

This book uses extractive industry projects in Africa to explore how political authority and the nation-state are reconfigured at the intersection of national political contestations and global, transnational capital. Instead of focusing on technological zones and the new social assemblages at the actual sites of construction or mineral extraction, the authors use extractive industry projects as a topical lens to investigate contemporary processes of state-making at the state–corporation nexus. Throughout the book, the authors seek to understand how public political actors and private actors of liberal capitalism negotiate and redefine notions and practices of sovereignty by setting legal, regulatory and fiscal standards. Rather than looking at resource governance from a normative perspective, the authors look at how these negotiations are shaped by and reshape the self-conception of various national and transnational actors, and how these jointly redefine the role of the state in managing these processes for the ‘greater good’. Extractive Industries and Changing State Dynamics in Africa will be useful for researchers, upper-level students and policy-makers who are interested in new articulations of state-making and politics in Africa.




Extractives Industry Law in Africa


Book Description

The book provides a systematic examination of the legal, fiscal and institutional frameworks for the commercial development of petroleum and solid mineral resources in Africa. First, it considers the values, assumptions, and guiding principles underpinning legislation and governance in Africa’s extractive sector. It then provides detailed and comparative evaluations of regulatory frameworks, pricing, local content, procurement, sales, and contractual arrangements across African extractive industries. Further, the book assesses how questions of business and human rights risks, accountability, corporate social responsibility, waste and pollution control, environmental justice, and participatory development have been addressed to date, and how they could be addressed better in the future. Enhancing readers’ understanding of the geography, sources and scope of extractive resources in Africa, the book explains how corporations can effectively identify, mitigate and prevent legal and business risks when investing in African extractive industries. Lastly, it discusses the innovative legal strategies and tools needed to achieve a sustainable and rights-based extractive industry.Written in a user-friendly style, the book offers a valuable resource for corporations, investors, environmental and human rights administrators, advocates, policymakers, judges, international negotiators, government officials and consultants who advise on, or are interested in, petroleum and solid mineral investments in Africa. It also offers students and researchers an authoritative guidebook to the current state of extractive industry laws and institutions in Africa. Numerous examples of how international legal norms could be used to help revitalize the underlying legal and fiscal regimes in African extractive industries – to make them more robust, accountable, sustainable and rights-based – round out the coverage




Collaborative Governance in Extractive Industries in Africa


Book Description

The potential for using revenues from extractive resources for inclusive growth in Africa is tremendous. However, the realisation of the transformative role that extractive industries could play in sustainable development has been elusive in most African countries. Extractive industries in most of these countries are plagued with numerous conflicts, some with serious casualties over the control, distribution, management and utilisation of the resources and revenues from extractive operations. Collaborative Governance in Extractive Industries in Africa presents the critical challenges facing extractive industries from different contexts, countries, sectors and settings. It features chapters with diverse angle of interest and analytical tools applied in examining the critical issues related particularly to mining and petroleum development in Africa. The contributors to this book have extensive academic and professional experience in policy research in the mining, oil and gas sectors in Africa and other regions. The book addresses the current gap in knowledge about appropriate governance regimes that could create the forum where the divergent interests and positions of various stakeholders of extractive resources and revenues could be handled - without any of them resorting to deadly conflicts. It presents the functionality of collaborative governance in enhancing for example, transparency, accountability, and equitable distribution of extractive revenues. Governance practitioners, policy- and decision makers could use the structures, components and procedures discussed in this book to develop training manuals, governance criteria and indicators for measuring and managing collaborative governance regime at the national and local levels. They will also find useful information about some of the critical elements that should guide the strategic implementation of the collaborative process.




Transparency and Accountability in Africa's Extractive Industries


Book Description

While current efforts to increase transparency and accountability in the management of natural resources emphasize the roles and responsibilities of a broad range of actors, relatively little attention has been paid to the potential contribution of elected legislators. Yet, the three core functions of legislative bodies - representing constituent interests, making or shaping public policy, and overseeing policy implementation by executive branch agencies - are central to any effort in this area. This report is an effort to help elected political officials - particularly those in the legislative branch of government - serve as constructive leaders in improving the oversight and management of their countries' natural resources.




Fiscal Regimes for Extractive Industries—Design and Implementation


Book Description

Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación




Mining in Africa


Book Description

The continent of Africa is rich in minerals needed by Western economies, but rather than forming the basis for economic growth the mining industry contributes very little to African development Investigating the impact of the 2003 Extractive Industries Review on a number of African countries, the contributors find the root of the problem in the controls imposed on the African countries by the IMF and World Bank. They aim to convince academics, governments and industry that regulation needs to be reformed to create a mining industry favourable towards social, economic and environmental development. The book takes a multidisciplinary approach and provides a historical perspective of each country, making it ideal for students of development studies and development organizations.







Extractive Sector Regulations and Policy in Africa


Book Description

Regulatory variability in sub-Saharan Africa is based on the push and pull of domestic elite-driven governance orientations, including post-conflict and constitutional transitions, populist and local community political pressures, especially as electoral competition becomes a political reality, transnational influences, networks, and impositions, and competing discourses about the role and objecti. [...] The interplay of governance orientations, institutional pillars and competencies, and regulatory objectives and approaches creates a complicated web for policy-makers and stakeholders who aspire to leverage resource riches for socio-economic development. [...] Fourth, the rise of China and other extractive industry actors changed the landscape of investment: strategic agreements, non-market-based calculations of investment thresholds, and ready access to cheap equity and debt financing via government-backed banks and export credit agencies reduced dependence on Western capital markets. [...] If value maximization and mitigation objectives were the focus of the past 20 years, a swing of the pendulum back to the catalyzation of structural economic transformation objective characterizes the contemporary era of extractive industries in sub-Saharan Africa. [...] Both the content of new regulations and the uncertainty generated by substantive changes to the rules of the game will keep the risk averse away and attract only the strategic players and high-risk speculators.




Governing Natural Resources for Africa’s Development


Book Description

Bringing together some of the world’s leading thinkers and policy experts in the area of natural resource governance and management in Africa, this volume addresses the most critical policy issues affecting the continent’s ability to manage and govern its precious resources. The narrative of the book is solutions-driven, as experts weigh on specific issues within the context of Africa’s natural resource governance and offer appropriate policy recommendations on how to best manage the continent’s resources. This is a must-read for government policy makers in industrialized economies and, more importantly, in Africa and emerging economies, as well as for academic researchers working in the field, extractive companies operating on the continent, extractive industry and trade associations, and multilateral and donor aid institutions.




Africa's Mineral Fortune


Book Description

For too long Africa's mineral fortune has been lamented as a resource curse that has led to conflict rather than development for much of the continent. Yet times are changing and the opportunities to bring technical expertise on modern mining alongside appropriate governance mechanisms for social development are becoming more accessible in Africa. This book synthesizes perspectives from multiple disciplines to address Africa’s development goals in relation to its mineral resources. The authors cover ways of addressing a range of policy challenges, environmental concerns, and public health impacts and also consider the role of globalization within the extractive industries. Academic research is coupled with key field vignettes from practitioners exemplifying case studies throughout. The book summarizes the challenges of natural resource governance, suggesting ways in which mining can be more effectively managed in Africa. By providing an analytical framework it highlights the essential intersection between natural and social sciences, central to efficient and effective harnessing of the potential for minerals and mining to be a contributor to positive development in Africa. It will be of interest to policy makers, industry professionals, and researchers in the extractive industries, as well as to the broader development community.