Coronavirus containment measures have hit economies hard—and with them, government revenues. Most natural resource-dependent countries are experiencing a double shock as their main source of foreign currency has crashed along with fiscal revenues.
At Wits University’s three-day African Investigative Journalism Conference in October, NRGI staff and four NRGI media fellows from Nigeria and Tanzania developed a deeper sense of how the media landscape in Africa is changing—particularly as it relates to oil, gas and mining reporting.
Political parties can help ensure that their country gets the best deal for the extraction of its resources, manages revenues for the long-term best interests of citizens and avoids the resource curse.
Last week the mining industry held the African Mining Indaba, its annual sector meeting in Cape Town. Concurrently, civil society organizations from across the region met for the ninth annual Alternative Mining Indaba (AMI).
Journalists confront informal and regulatory obstacles. In many cases, private companies and the government prevent media from accessing existing sources of free information. This may take the form of lengthy response times, publicly exposing information requests and managing the approval of how information is presented publicly.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.