The urgency to develop appropriate and sustainable governance regimes for the planet’s natural resources cannot be overstated. Human ecological footprints are exceeding the earth’s regenerative capacity. For the African continent, the consequences could be devastating as natural capital contributes up to 25% of Gross Domestic Product compared to 2% in the OECD countries. In spite of the abundant natural resource endowment in the African continent, these have not translated to economic growth and prosperity for the population – a phenomenon, known as the ‘Paradox of Plenty’ or ‘Resource Curse’. This triggers the international community to introduce ways for Africa’s managing of natural resources more effectively. In addition, many countries in the continent are reaching peak production levels of their natural resources necessitating a pressing need for effective management of the resources and the revenues they provide.
The overall aim of the project is to improve the governance and management of natural resources in Sub-Saharan Africa with regard to the mining sector, the agricultural sector and the forestry sector. Particular attention is given to commodity-dependent developing countries such as Mali, Congo Republic, Ethiopia, Cameroon, Ghana, and Tanzania. Natural resources include oil and gas, minerals and metals, forests and fish.