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Extractives and energy transition in East Africa (Kenya, Uganda and Tanzania) raises a number of dilemmas and opportunities that are worth noting. While there have been efforts in achieving the desired transition towards a low carbon economy, the region has put immense efforts towards exploration and development of fossil fuels. The new discoveries of oil deposits in Kenya and Uganda and gas in Tanzania have pivoted the region into emerging oil countries that are keen on harnessing this nascent sector. Locally, the situation has led to heightened expectations on the job and business opportunities that the sector presents. This however does not negate the actual and potential impact in terms of job and business opportunities that the renewable sector presents.

Kenya is adjusting to the reality of hosting upstream petroleum operations, which are specialized and technically complex. While the sector presents important opportunities for economic development, substantial health, safety, and environmental (HSE) risks are bound to arise in all the phases. Recognizing and controlling such risks is critical to preventing fatalities and damage to the
environment. Thus, a strong HSE regulatory regime, aligned with prevailing international standards and best industry practice, is necessary to protect lives and the natural environment.

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This paper analyses the extractives industry in East Africa (Kenya, Uganda and Tanzania) and youth participation. It examines not only, the state of the extractives industry during the COVID-19 pandemic, but also youth participation in the extractives industry and its associated challenges as well as the opportunities and measures that can be taken to strengthen youth participation in the industry.

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The covid-19 pandemic has impacted the global economy severely although this varies from one sector to another. The pandemic has equally impacted the extractives industry (oil, gas and mining) especially through measures imposed by governments in a bid to reduce or stop the spread of the virus. Some of these measures by governments include restriction of movement, public gatherings and learning among others.

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The Sustainability reporting guidance for the oil and gas industry is a key tool to help companies shape the structure and content of their sustainability reporting. Published in conjunction with the American Petroleum Institute (API) and the International Association of Oil & Gas Producers (IOGP), it brings together the collective wealth of technical expertise from the membership of the three associations.

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This Policy Brief identifies key constraints that face SMEs, with possible policy considerations that can help strengthen their engagement in the fast-transitioning and time-bound oil and gas sector. The Brief draws on existing research and highlights from the High-Level Policy Dialogue held on 21st June 2019 at Strathmore University as part of the East Africa SME Training in Oil and Gas.

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This Policy Brief collates evidence on specific gaps that hinder SME participation in the fast-transitioning oil and gas sector in Uganda. The Brief highlights policy considerations that can help bridge those gaps and scale up SME businesses to regional and global value chains. The brief mainly draws on existing research to inform policy dialogue on how Uganda ought to strengthen private sector engagement in the oil and gas sector.

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    WHAT'S TRENDINGTWITTER FEED
    @ExtraBaraza - 1 day

    RT : The next session in the event series for civil society in East & Southern by NRGI & partners on sustainable pathw…

    @ExtraBaraza - 1 day

    A Critical Time for Miners Says PwC’s Mine 2022 Report. More details: #report…

    @ExtraBaraza - 1 day

    Kore Potash Cuts Congo Project Boosts by $520 Million. More details: (Kola…

    @ExtraBaraza - 1 day

    EU Inks Tripartite Gas Deal with Egypt and Israel. More details: #gas…

    @ExtraBaraza - 1 day

    Petrol Subsidy Hits N2.84trn in 17 Months. More details: #EB2022…

    JOIN OUR EVER GROWING NETWORKSUBSCRIBE TODAY

      GET IN TOUCHFOLLOW US

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      Copyright © 2021 Extractives Baraza. All Rights Reserved.