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Local Content in the Extractives Sector: Insights for New Producing Countries

From

05
9:00 am September 2016

To

06
5:00 pm September 2016

OCP Policy Center, Rabat

Africa is endowed with an abundance of renewable (e.g. forestry, water, wind, solar etc.) and non-renewable (extractives, oil, gas, minerals) natural resources. It is estimated that the continent accounts for about 15% of global oil reserves, 40% of its gold, 80% of platinum group metals, 23% of land area, 7% of forests and 4% of inland water. The continent is also host to a variety of other solid minerals. 

Such abundance of resources exposes the continent to several opportunities and challenges. In effect, if poorly managed, natural resources can make countries vulnerable to the political and economic instability generated by commodity price fluctuations, governance issues and negative social and environmental outcomes. However, if well managed and invested, wealth from natural resources will accelerate Africa’s economic transformation, and create jobs and opportunity for present and future generations. Therefore, the challenge is to capitalize on the positive outcomes of extractive industries and maximize their local content in a way that best serves the interest of local populations and sustains the development of the producing countries.

In this Context, the African Development Bank’s African Natural Resources Center (ANRC), King Abdullah Petroleum Studies and Research Center (KAPSARC) and OCP Policy Center (OCPPC) are organizing an international workshop that seeks to generate insights about creating positive outcomes and local content from mining, oil and gas.  New case studies from mineral-producing countries will be shared by the ANRC and OCPPC and new research about local content in Eastern Africa will be presented and discussed.  

Agenda 

 

Monday, September 5, 2016

08:45 – 09:15

Welcome and introduction

09:15 – 10:30

Session 1: Preparing Policymakers for Discussions about Local Content in the Extractives

11:00 – 12:30

Session 2: Local Content Regulation and Incentives

14:00 – 15:30

Session 3: What is the Right Approach for Local Content for new producing countries?

16:00 – 17:30

Session 4: Local Content Case Studies

Tuesday, September 6, 2016

09:00 – 10:30

Session 5: Local Content Impacts: Empirical Approaches and Research Findings 

11:00 – 12:30

Session 6: Natural Resource-Led Development in SSA: What is the Role of Local Content? 

12:30 – 12:45

Closing Remarks 

 

Speakers