Petroleum Resource Management and Economic Development in Sub-Saharan Africa

Petroleum Resource Management and Economic Development in Sub-Saharan Africa PDF Author: O. Cole
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Petroleum Resource Management and Economic Development in Sub-Saharan Africa

Petroleum Resource Management and Economic Development in Sub-Saharan Africa PDF Author: O. Cole
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Energy Resources in Africa

Energy Resources in Africa PDF Author: Herick Othieno
Publisher: Springer
ISBN: 3319251872
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
This book provides information on the distribution of the available energy resources throughout the continent and how it is linked to the development of individual states. Africa is considered one of the poorest continents in the world, mainly because its development has historically depended on imported resources including technical expertise. This view and its associated resource management strategy are based on the perception that Africa lacks sufficient energy resources to drive its development agenda. Analyses of individual countries’ energy potentials, exploitation levels and distribution mechanisms are provided with a view to identifying additional factors that are stifling Africa’s economic development. One critical factor is the relationship between available energy resources and the energy mixes chosen by different states, and how these can be exploited to produce the right blend of energy for various applications such as industrial, transport, domestic, and recreational uses. The authors provide an in-depth analysis of the advantages and disadvantages of different energy sources in terms of their environmental, industrialization and distribution costs, impacts, and the development options best suited for improving Africa’s economic situation. This analysis is based on the assertion that Africa is indeed blessed with abundant energy resources, which have not been effectively exploited. The book not only reviews Africa’s energy situation in general, but also reveals that, while there are certainly circumstances peculiar to individual countries, the similarities, especially within Sub-Saharan African countries, outweigh the differences. That being said, the challenges and available opportunities in each country should be viewed with due consideration given to the prevailing national resource management environment. Many initiatives in Africa fail because of the many loopholes in the management structures, which allow corruption, theft, and mere selfishness to thrive. In addition to the negative impacts of these factors on implementation activities, there is also a general lack of institutional support for initiatives that could otherwise be very progressive. Thus, taken together, these retrogressive practices stifle African energy development plans. The book offers a valuable guide for developers, investors, researchers and environmentalist, providing in-depth insights on the relationship between available energy resources and development trends in Africa. "By harnessing the wind and sun, your vast geothermal energy and rivers for hydropower, you can turn this climate threat into an economic opportunity." US President Obama's address to the African Union (2015)

The Political Economy of Energy in Sub-Saharan Africa

The Political Economy of Energy in Sub-Saharan Africa PDF Author: Lucky E. Asuelime
Publisher: Routledge
ISBN: 135167210X
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
A deepening ecological crisis is rearing its head in sub-Saharan Africa, as it faces a myriad of challenges in regards to the development of its energy sector. The ‘dirty now and clean up later’ approach to the environment has a strong appeal, particularly because it is often thought of as the last place to try to edge in another priority - especially if that priority is perceived by many to be an economic luxury. Asuelime and Okem bring together a team of specialist contributors who investigate to what extent sub-Saharan Africa has displayed foresight or politico-economic integrity. The book shows the state’s ability to meet the demands of provision of energy in sub-Saharan Africa has led to heavy investments in infrastructure, transmission and distribution of energy to the citizens. However, the inefficiencies, corruption and unhealthy bureaucratic challenges that accompany this have led urgent problems, which will be thoroughly explored in this book. The Political Economy of Energy in Sub-Saharan Africa will be of interest to students and scholars of African Studies, Development Studies, political science and environment.

Africa's Resource Future

Africa's Resource Future PDF Author: James Cust
Publisher: World Bank Publications
ISBN: 1464817448
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. This issue of stranded assets and, relatedly, “stranded nations,†? has major implications for the many African economies that are dependent on petroleum extraction and export. On the other hand, the energy transition will increase demand for raw material inputs involved in clean energy technologies. The transition from fossil fuels to clean energy may create demand by 2050 for 3 billion tons of minerals and metals that are needed to deploy solar, wind, and geothermal energy. How can African economies tap into these opportunities while managing the downside risk to their fossil fuel wealth? Africa’s Resource Future explores these themes and offers policy makers insights to help them navigate the coming years of uncertainty.

Energy Justice

Energy Justice PDF Author: Rukonge Sospeter Muhongo
Publisher: Springer Nature
ISBN: 3030613380
Category : Political Science
Languages : en
Pages : 244

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Book Description
This book explores local content policies and their role in natural resource management within the realm of energy justice. Based on several country case studies it discusses the role of regional integration for such policies in Sub-Saharan Africa. Energy justice has been widely applied across different aspects of development, but here the principles of justice are specifically integrated with the management and implementation of oil and gas projects. Such an analysis offers novel means of implementing policies in local regions, moving away from a one-size fits all approach that leads to the ineffective transplantation of policies from developed economies to developing Sub-Saharan economies. The book argues that with a regional approach, Sub-Saharan Africa can leverage natural resources, industrial parks, supplier clusters, regional financing mechanisms and regional training facilities which would drive down the costs of production, increase efficiency and integrate the local Sub-Saharan population into the oil and gas industry. This would result in the benefits as well as the environmental concerns and responsibilities intrinsic to these industries, being spread more equally amongst local and none local stakeholders. This book will be a valuable resource for scholars and students as well as policy makers and practitioners in the areas of extractive industry-related disciplines energy governance, and economic development in Africa.

Big Barrels

Big Barrels PDF Author: N. J. Ayuk
Publisher:
ISBN: 9781911525592
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
Big Barrels takes aim at the perception that in Africa oil and gas can do no good. For decades, resource wealth in Sub-Saharan Africa has been synonymous with corruption and dysfunction. The reality is far more complex and generally more encouraging. In a series of eight case studies Big Barrels looks at what African nations are doing right. Employment and enterprise in Nigeria, good governance in Ghana, economic development in Tanzania, environmental stewardship in Gabon, and more - these are all elements of success in African nations' petroleum industries today. The positive trends in Africa's energy business, as well as its challenges, are presented here. Big Barrels lays out the facts on how oil and gas can be a force for good on the Mother Continent.

A New Scramble for Africa?

A New Scramble for Africa? PDF Author: Sören Scholvin
Publisher: Routledge
ISBN: 1317187237
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
Global energy consumption will increase rapidly in the next decades. The discrepancy between demand and supply is worrisome within the old and new cores of the world-economy. Sub-Saharan Africa meanwhile possesses vast potential for energy resources to be further exploited. Whilst the Global North is a traditional player in the sub-Saharan energy sector, new actors from emerging economies - especially China’s state-owned enterprises but also Brazilian, Indian and South African giants - have entered what appears to be a scramble for the largely untapped energy resources of the region. This book is the first to bring together comparative perspectives on: · The strategies of state and non-state actors involved in the exploitation of sub-Saharan energy resources. · The potential and pitfalls of new forms of cooperation on energy southwards of the Sahara. · The domestic opportunities and challenges of the present energy resource boom. Dynamics on the international level are brought together with local developments to provide up-to-date insights on the scramble for energy resources in sub-Saharan Africa. This book also advances a materialist approach applicable in geographical and political-scientific research, showing that much insight can be gained by concentrating on the material environment that shapes economic and political phenomena.

Mining for Change

Mining for Change PDF Author: John Page
Publisher: Oxford University Press
ISBN: 0198851170
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. This book presents research on how to better manage the revenues and opportunities associated with natural resources.

Natural Resource Investment and Africa's Development

Natural Resource Investment and Africa's Development PDF Author: Francis N. Botchway
Publisher: Edward Elgar Publishing
ISBN: 0857930400
Category : Nature
Languages : en
Pages : 545

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Book Description
'This book makes a significant contribution to the literature on natural resource law and governance by engaging specifically with the issues arising in the African region. It covers a wide spectrum of issues that are key to the sustainable use of natural resources in the region, thus making it an important resource for anyone interested in natural resource governance and economic development in the African region.' – Philippe Cullet, University of London, UK This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyse the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.

Oil, Democracy, and Development in Africa

Oil, Democracy, and Development in Africa PDF Author: John R. Heilbrunn
Publisher: Cambridge University Press
ISBN: 1107049814
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
This book focuses on the history, key industry and policy actors, and political economic outcomes in oil-producing African states, filling a gap in the literature on resource-abundant countries by providing an optimistic assessment of circumstances in contemporary Africa.