Download or read book Africa s Resource Future written by James Cust and published by World Bank Publications. This book was released on 2023-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Future of Resources in Africa written by James Cust The World Bank and published by . This book was released on 2023-01-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extractives for Transformation: An Africa Regional Study

Download or read book The Future of Africa written by Jakkie Cilliers and published by Springer Nature. This book was released on 2021-04-06 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access textbook offers a critical introduction to human and economic development prospects in Africa revolving around three questions: where is Africa today, what explains the current state, and, given historical trends and what we know about the world, where do we think the continent will be in 2040? And, a final question: what can we do to create a better tomorrow? It models ambitious progress in health, demographics, agriculture, education, industrialization, technological leapfrogging, increased trade, greater stability, better governance and external support. The book reviews the future of work/jobs, poverty and the impact of climate change. A combined Closing the Gap scenario presents a forecast of what could be possible by 2040. Each chapter suggests which policies might accelerate prospects for each sector. Written in an accessible style, and supported by a range of pedagogical features, this textbook introduces undergraduate and graduate students to the contemporary human and economic development prospects in Africa.

Download or read book Boom Bust or Prosperity Managing Sub Saharan Africa s Natural Resource Wealth written by Charlotte J. Lundgren and published by International Monetary Fund. This book was released on 2013-08-27 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.

Download or read book Livelihood and Landscape Change in Africa Future Trajectories for Improved Well Being under a Changing Climate written by Sheona Shackleton and published by MDPI. This book was released on 2019-10-08 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on a Special Issue of the journal LAND that draws together a collection of 11 diverse articles at the nexus of climate change, landscapes, and livelihoods in rural Africa; all explore the links between livelihood and landscape change, including shifts in farming practices and natural resource use and management. The articles, which are all place-based case studies across nine African countries, cover three not necessarily mutually exclusive thematic areas, namely: smallholder farming livelihoods under new climate risk (five articles); long-term dynamics of livelihoods and landscape change and future trajectories (two articles); and natural resource management and governance under a changing climate, spanning forests, woodlands, and rangelands (four articles). The commonalities, key messages, and research gaps across the 11 articles are presented in a synthesis article. All the case studies pointed to the need for an integrated and in-depth understanding of the multiple drivers of landscape and livelihood change and how these interact with local histories, knowledge systems, cultures, complexities, and lived realities. Moreover, where there are interventions (such as new governance systems, REDD+ or climate smart agriculture), it is critical to interrogate what is required to ensure a fair and equitable distribution of emerging benefits.

Download or read book Community Management of Natural Resources in Africa written by Dilys Roe and published by IIED. This book was released on 2009 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a pan-African synthesis of community-based natural resource management (CBNRM), drawing on multiple authors and a wide range of documented experiences from Southern, Eastern, Western and Central Africa. This title discusses the degree to which CBNRM has met poverty alleviation, economic development and nature conservation objectives.

Download or read book Africa s Development Dynamics 2021 Digital Transformation for Quality Jobs written by African Union Commission and published by OECD Publishing. This book was released on 2021-01-19 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

Download or read book Political Economy of Resource Human Security and Environmental Conflicts in Africa written by Kelechi Johnmary Ani and published by Springer Nature. This book was released on 2021-08-31 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows the push and pull effects between resources, human security and conflicts in Africa. It recognizes the need for resources in Africa to be processed into finished goods in order to influence global market and redefine the pattern of trade relations with powerful countries of Asia, America and Europe in shaping the destiny and future of African countries. The achievement of this laudable objective is plagued by the security challenges which are directly or indirectly linked to resource-related conflicts rocking most of the resource endowed countries in the continent, thereby threatening global peace and security. To deal with this menace in the continent, it requires global co-operation and support of foreign governments, international organizations, international non-government organizations, governments of host countries and its citizens. The book presents the cases and experiences of countries that are endowed with resource, as well as have experienced different forms of human insecurity and have witnessed environmental conflicts in its analysis, which make the discourse interesting and quite educating.

Download or read book Natural Resource Sovereignty and the Right to Development in Africa written by Carol Chi Ngang and published by Routledge. This book was released on 2021-08-25 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the nexus between natural resources ownership and the right to development in Africa. The right to sovereignty over natural resources and the right to development are recognised and protected in an extensive framework of international, regional and domestic instruments. They guarantee people's entitlement to fully and freely utilise their natural resources as a means of subsistence and for economic, social and cultural development. Yet, despite the abundance of natural resources in Africa a majority of the people on the continent remain largely impoverished. This book articulates the central argument that to achieve the right to development in Africa requires appropriate governance of the continent’s natural resources to which the people of Africa are guaranteed sovereign ownership. With case study illustrations from Zimbabwe, Ghana, Ethiopia and the Democratic Republic of Congo, chapters explore the normative measures, specific guarantees and community entitlements to natural resources for the realisation of the right to development. The book will be an invaluable guide to scholars and postgraduate students of Natural Resources, Development and African studies as well as policymakers and practitioners in these areas.

Download or read book Routledge Handbook of Natural Resource Governance in Africa written by Hany Besada and published by Taylor & Francis. This book was released on 2024-03-13 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Natural Resource Governance in Africa provides a comprehensive analysis of African natural resource governance, stretching across the continent, and encompassing water, land, extractive resources, and mining. Africa’s natural resources are not only crucial for the continent from an economic, environmental, and political perspective, but they are also of significant geopolitical importance, with direct implication for meeting the global challenges outlined in the Sustainable Development Goals. Whether an abundance of natural resources proves to be a curse or a blessing depends on the nature, extent, and outcome of the effort and experience of an individual country in governing and managing such assets. It is with this in mind that this ground-breaking handbook brings together experts from across the field of natural resource development to reflect on the varied regime types and paradigms within the continent’s natural resource sectors, the specific challenges they face, and their role within global value chains. The book first considers governance for sustainable development and discourses of land and development financing, before going on to investigate the regulatory and policy impacts, and socioeconomic implications of natural resource management. Finally, the Handbook situates the African continent within the emerging global energy transition; examining trends in South-South cooperation, and new frontiers for the harnessing of critical tools in a sustainable future for natural resource governance and management. Overall, the Handbook’s in-depth analysis provides a unique blend of realism and optimism, highlighting the importance of building a new sustainable African resource narrative for shared prosperity. The handbook will be an essential read for researchers and policy makers with an interest in sustainable development and natural resource governance in Africa.

Download or read book Addressing the Natural Resource Curse written by Mr. Arvind Subramanian and published by International Monetary Fund. This book was released on 2003-07-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been primarily responsible for Nigeria''s poor long-run economic performance. We propose a solution for addressing this resource curse which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt plague its actual implementation, our proposal will, at the least, be vastly superior to the status quo. At best, however, it could fundamentally improve the quality of public institutions and, as a result, durably raise long-run growth performance.

Download or read book Sustaining the Future written by George Benneh and published by . This book was released on 1996 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa is facing increasing pressures on its natural environments, economics, and societies. Financial burdens, difficulties with economic reform, problems of social transformation and of rapidly growing cities, combined with loss of productive topsoil, deforestation, and scarce or poor-quality fresh water, are among the major contributors. While global climatic change and other physical phenomena may play a part, the present environment is largely a result of the interactions between people, natural resources, and cultural development. This book focuses on sustainable environmental and resource management development in the Sub-Saharan Africa region in the medium-term future. The first part analyses the driving force of environmental change in the region, including persistent poverty, population growth, urbanization, industrialization, and energy production and consumption. The second part takes up issues central to sustainability, including agriculture, on which the majority of people still depend for their livelihood. Among the conclusions, the authors stress the need for policies aimed at poverty eradication and equitable economic development to counter unsustainable use of natural resources and to reduce vulnerability to environmental deterioration, economic decline, and hazards. Much greater cooperation between the North and South--and a more open system or trade in particular--are recommended for better resource management. And finally, a strengthening of environmental institutions and environmental education at all levels is advised.

Download or read book Extracting Profit written by Lee Wengraf and published by Haymarket Books. This book was released on 2018-02-19 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extracting profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. This period of “Africa rising” did not lead to the creation of jobs but has instead fueled the growth of the extraction of natural resources and an increasingly-wealthy African ruling class.

Download or read book Oil and Gas in Africa written by The African Development Bank and published by OUP Oxford. This book was released on 2009-08-27 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book, a joint work of the African Development Bank and the African Union, presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources. It partly draws on a model that simulates the impact of high oil prices on African economies, a model that was developed by the Research Department of the Bank in a separate study. The roles of AfDB and AU are analyzed, considering their differing, but complementary, mandates geared towards the development of the continent. Finally, the book includes recommendations on the future directions and actions for maximizing benefits of Africa's oil and gas resources.

Download or read book Africa s New Oil written by Celeste Hicks and published by Bloomsbury Publishing. This book was released on 2015-04-09 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of Africa's oil has greatly accelerated in recent years, with some countries looking at the prospect of almost unimaginable flows of money into their national budgets. But the story of African oil has usually been associated with conflict, corruption and disaster, with older producers such as Nigeria having little to show for the many billions of dollars they've earned. In this eye-opening book, former BBC correspondent Celeste Hicks questions the inevitability of the so-called resource curse, revealing what the discovery of oil means for ordinary Africans, and how China's involvement could mean a profound change in Africa's relationship with the West. A much-needed account of an issue that will likely transform the fortunes of a number of African countries – for better or for worse.

Download or read book Natural Resource Sovereignty and the Right to Development in Africa written by Carol Chi Ngang and published by Earthscan Studies in Natural Resource Management. This book was released on 2023-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The natural resource and right to development dilemma / Serges Djoyou Kamga and Carol Chi Ngang -- Sustainable right to development governance of natural resources in Africa / -- Carol Chi Ngang -- Loss, anguish and postponement: The story of African development, natural resource ownership and the paradox of waiting / Isaac Shai -- Rationale for Africa's 'legitimate' ownership of her natural resources / Daphine Kabagambe Agaba -- Resource constitutionalism for socio-economic development in Africa's petrostates: Re-imagining prior-informed consent -- Aaron Olaniyi Salau -- Peoples' right to natural resources in Africa and state sovereignty: A quest for equilibrium / Jacob Osutongun Abiodun -- Colonial extraction of natural resource and the impact on the right to development in Africa / Annelie de Man and Carol Chi Ngang -- Issues of sovereignty over natural resources in Africa / Faith Kabata -- Rethinking natural resource ownership and the realisation of the right to development for indigenous peoples in Africa / Esther E. Njieassam -- Ownership of natural resources and the right to development for African indigenous peoples / Ebun Abolarin -- Assessing the impact of water policies and practices on the RTD within the tourism industry in Africa / Furaha Joy Sekai Saungweme -- Sustainable Development Goals and the bumpy road to 2030 in Ethiopia: The challenges of land grabbing / Jean-Claude N. Ashukem -- Freedom from want and the constitutional right to development in Ethiopia: Urban Productive Safety Net Programme-The case of Addis Ababa / Tsion T. Dechassa and Gedion G. Jalata -- Corporate social responsibility and the right to development in local communities: The case of the Democratic Republic of Congo / Muyamba Mangu and Serges Djoyou Kamga -- Laws on natural resources ownership in Ghana: A perceived hindrance to community development / Bridget Kafui Anthonio-Apedzi -- Policy implications of the right to development through the Mining Charter of South Africa / Mofihli Teleki -- Impact of artisanal and small scale gold mining on livelihood in Mutasa District of Manicaland Province, Zimbabwe / Cephas Mandihrawe -- Conclusion. Towards a resilient development future in Africa / Carol Chi Ngang.

Download or read book The Dog that Didn t Bark written by James Cust and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The commodity price boom from 2004-2014 was a huge economic opportunity for African countries abundant in oil, gas and minerals. During this period their government revenues from resources grew by an average of 1.1 billion USD per year, and economic growth in those same resource-rich countries surged. GDP growth in resource-rich countries accelerated from 4.6% to 5.4% as countries entered a decade long period of sustained high commodity prices. Nonetheless, the paper traces a significant missed opportunity for resource-rich countries in Africa, with little to show for it in the post-boom period, which saw growth collapse far below pre-boom levels, to 2.7% per annum. This paper considers the record of performance during the boom (2004-2014) and subsequent bust from 2015 onwards. The paper describes four main outcomes of the boom: 1) measures of resource dependency rose in Sub-Saharan Africa during the boom, 2) the growth record was strong during the boom but collapsed once commodity prices fell, 3) poverty and inequality rose during the boom despite strong GDP growth, 4) resource-rich countries failed to diversify both their exports and their asset base, leaving them poorly prepared for the end of the boom and a period of lower commodity prices and subsequent COVID-19 pandemic. The conclusions are stark. During this golden decade of sustained high commodity prices and booming revenues, there was limited re-investment of those revenues into building sustainable assets for the future. In other words, countries consumed the boom, rather than successfully transformed their economies. The conclusion is that many resource-rich countries in the region squandered their "once in a generation" opportunity for economic transformation, offering policy lessons that may prove valuable as we enter a new period of elevated commodity prices.