Local content is an evolving topic for foreign direct investment in the extractives industry around the world. Following successful exploration in 2012, resulting in initial estimates of up to 750 million barrels of oil, the local content debate in Kenya has intensified as operators prepare to move into the development phase of the projects. These developments have generated significant expectations across Kenya’s various stakeholder groups, particularly in the private sector and civil society. There is an urgent need to build a structured and facts-based engagement process, bringing together key stakeholders from all sides of the Kenya local content debate and to drive a shared vision for the country’s petroleum sector.
The primary objective of the Petroleum Business Opportunities (PBO) project over the next five years is to build capacity in selected Kenyan sectors/firms to assure they successfully engage in business with the nascent Oil and Gas (O&G) sector. The PBO project is focused on increasing the development impact of the Oil and Gas sector through leveraging such opportunities, improving the ability of the Kenyan private sector to supply goods and services to the Oil and Gas sector, thereby increasing domestic income and employment. This contributes to ensuring that Kenya’s growing extractives sector generates equitable, inclusive and sustainable benefits to Kenyan citizens.
DAI SBG expertly navigates the intersection of development and business, enabling companies and communities to prosper together. Drawing on our 46 years of experience in emerging markets, we help companies enter new markets quickly, expand existing operations, and reduce investment and operational risks by engaging productively with local vendors and communities. SBG works with companies in the oil, gas, mining, renewable energy, infrastructure, and retail sectors to provide solutions to business needs, including:
SEIC is an autonomous Kenyan research centre specializing in multi-disciplinary stakeholder research into the social science aspects of oil, gas and mining at the Strathmore University School of Law. SEIC seeks to bridge theory and practice in Kenya’s (and the broader East Africa region) extractive sector and support constructive dialogue and collaboration among companies, relevant agencies of government, civil society and local communities through its key activity of research.SEIC Site
The local content exchanges participants will include industry professionals, government officials, companies/investors, civil society organizations, local service providers and consulting firms.
Those who will attend include: Government, the senate, companies/investors civil society organizations, local service providers and consulting firms