NATURAL RESOURCES- EXTRACTIVE INDUSTRIES

The African continent is blessed with a rich reserve of natural resources. Africa holds approximately 30% of the world’s known mineral reserves, as well as a substantial hydrocarbon (oil and gas) reserves. Despite being so richly endowed, Africa remains one the poorest continents in the world. Among many causes: unfair tax regimes, illicit financial flows, corruption, bad governance.

The African continent is blessed with a rich reserve of natural resources. Africa holds approximately 30% of the world’s known mineral reserves, as well as a substantial hydrocarbon (oil and gas) reserves. Despite being so richly endowed, Africa remains one the poorest continents in the world. Among many causes: unfair tax regimes, illicit financial flows, corruption, bad governance.

WACSOF, the umbrella network of Civil Society Organisations in West Africa is leading a regional movement on advocacy, capacity building, public awareness in the area of extractive industries. Following are some activities WACSOF organised or participated