Amid the coronavirus pandemic, experts predict Africa’s economy will shrink for the first time in over 25 years. For the continent’s oil- and gas-rich countries the impact of the pandemic coincided with and exacerbated a global drop in oil prices.
Research for the 2021 edition of NRGI's Resource Governance Index has begun. The index measures the governance of oil, gas and mining sectors in resource-producing countries and provides freely available public data to help inform evidence-based decision-making.
The road to oil and gas riches is rapidly narrowing for some new producers. The crash in prices, triggered by the coronavirus pandemic, creates specific challenges for a group of "prospective producer" countries in sub-Saharan Africa.
For many developing counties, natural gas offers promise. There can be hidden costs to gas, however, as experiences in Ghana and Algeria show. Although certainly not without challenges of its own, renewable energy may help countries in similar situations better manage their energy use and revenue.
Extractive sector policies and governance choices are holding back solar and wind projects in many countries. Part of the trouble lies in the shortsighted habits of political decision-making that oil, gas or coal exploitation can foster. Debates about domestic energy use are highly political and can fall prey to narrow agendas.
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.
A new "frequently asked questions" briefing about the supply chain for electric vehicle batteries provides information about the governance, corruption, human rights abuses and environmental dimensions of battery production.
Journalists covering oil, gas and mining topics, especially in challenging jurisdictions, often face ethical dilemmas. NRGI continues to work to equip them with the skills they need to navigate these tricky spaces.