Business

Cameroon – Mining: Cameroon in the African Top 5 of the 2017 Natural Resources Governance Index

Cameroon in the African Top 5 of the 2017 Natural Resources Governance Index
Written by Deckson N.

The Natural Resource Governance Institute ranks Cameroon among the top five in Africa’s “2017 Natural Resources Governance Index “, which has just been published. The locomotive of the Cemac zone comes in 4th position behind Ghana, Tunisia and Côte d’Ivoire. But the report states that Cameroon’s ranking corresponds to an “insufficient” governance of oil and gas resources, as the country only carries 54 points out of a total of 100.

The “2017 Natural Resources Governance Index ” measured the management of oil and gas resources in 81 countries that produce 82% of the world’s oil supply, 78% of gas and 72% of copper. But in total, it is reported, 89 evaluations were finally made, since in eight countries, the authors of the report evaluated both the hydrocarbon and mining sectors.

Three main criteria were taken into account in the ranking of countries. This is the achievement of value (governance of the allocation of extraction rights, prospecting, production, environmental protection, revenue collection and public enterprises); Revenue management (national budgeting, subnational sharing of natural resource revenues and sovereign wealth funds); And the general governance conditions of the country concerned.

see the ranking below

  1. Ghana
  2. Tunisia
  3. Ivory Coast
  4. Cameroon
  5. Tanzania
  6. Mozambique
  7. Uganda
  8. Nigeria
  9. Congo
  10. Egypt
  11. Gabon
  12. Angola
  13. Chad
  14. Algeria
  15. South Sudan
  16. DRC
  17. Equatorial Guinea
  18. Sudan
  19. Libya
Facebook Comments

About the author

Deckson N.

Please wait...

Subscribe to our site and be Informed!

Want to be notified when our article is published? Enter your email address and name below to be the first to know.