ABOUT THE CONFERENCE
The Africa Oil Governance Summit is an annual event that brings together stakeholders in Africa’s petroleum industry to deliberate on emerging governance issues in the sector. Instituted in 2015, the summit provides a unique platform where stakeholders in Africa’s petroleum industry share best practices on maximizing the benefits of resource extraction through efficient governance approaches.
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MEET OUR SPEAKERS
The speakers for this year’s summit have been drawn from different countries with a great track record in governance, the petroleum sector, oil and gas and the total management of natural resources. Last year’s speakers share some similarities with this year’s speakers. However because of the different theme, most are new. They are not only dynamic in their area of expertise, but wield extraordinary knowledge which when tapped into, will go a long way in shaping our developmental process toward excellence.
HON JOHN PETRE AMEWU
MINISTER OF ENERGY, GHANA
HON. JOHN PETER AMEWU
MINISTER FOR ENERGY, GHANA
LAST YEAR'S SUMMIT
NOVEMBER 13-14, 2017 – ACCRA,GHANA
Africa Centre for Energy Policy (ACEP), partners and allies met in Accra from the 23rd and 24th of November 2016, to review and reflect on progress made by the country and Africa as a whole in the governance of its oil resources and to build the desired consensus on a road map to resource prosperity. The summit focused particularly on how good governance from oil wealth can be translated into development in Africa and how the continent could be assured to move away from the oil resource curse. For good governance to be achieved, participants agreed that it was paramount to pursue transparency and accountability in the oil resource sector.
In ensuring transparency, it was acknowledged that some African countries have made impressive progress such as the adoption of open and competitive bidding processes for granting oil concessions. Particularly for Ghana, the government has propelled the institutionalisation of a number of processes including the setting up of the Petroleum Commission Act, the Petroleum Revenue Management Act (PRMA) and the Public Interest Accountability Committee (PIAC) amongst others.
The summit also called for citizen and community involvement and participation in all stages of decision making right from the appraisal stages to deciding which type of projects should be funded from oil revenues.