As part of a new series on procurement in Africa, together with Open Contracting Partnership, we have profiled some of the pioneers pushing open ... data and participation in public contracting. In this first part of a two-part series, we feature some of the key figures advocating for a more transparent and participatory procurement ecosystem in South Africa, Nigeria, and Tanzania.
In Accra, the announcement of first oil in December 2010 was accompanied by the rush to spend the proceeds as quickly as possible.
A local thinktank, the IMANI Centre for Policy and Education, has warned that predicted production levels – and therefore the revenue the government receives – are much too high.
‘Generally, the results from Jubilee mirror the performance of other offshore projects in West Africa, for instance in Côte d’Ivoire and Cameroon, where optimistic timelines and production levels have failed to materialise over the long term,’ it said in an alert released on 11 July.
Ghana petrol tankers strike over poor roads
South Sudan, Sudan: The oil will flow
Juba, Khartoum resume talks in Ethiopia
South Sudan: the celebration continues
Running out of fuel in Khartoum
Heglig and Abyei oiling the Nubian war
The dangers of reliance on wavering commodity prices is an age-old problem for Africa’s non-diversified economies.
In Sudan, the damage has been done not by markets or over-optimistic forecasting, but by an assumption that South Sudan would not turn off the oil taps because of a dispute over transit fees.
Khartoum’s budget deficit is now more than $2.4bn. New austerity measures, such as cutting fuel subsidies, have provoked a political backlash, bringing the country to the brink of its own ‘Arab Spring’.
Policy makers hope that a recent thaw in relations will once again mean that the tankers off Port Sudan will be fully loaded●
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