Poor development outcomes reflect enduring challenges in natural resources governance

Abstract

Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa (ECA). The report launched during the ongoing ECA Conference of Ministers in Addis Ababa (Ethiopia) argues that the good governance of natural resources in Africa requires institutions that have both the proper mandate and capacity to manage resources efficiently. They also require the capabilities to formulate, implement and enforce sound policies and regulations. The report, based on case studies from eight geographically diverse countries (Botswana, Cameroon, Cote d’Ivoire, Egypt, Madagascar, Nigeria, Tanzania and Uganda), drew upon a range of empirical evidence. ‘Among these countries, Botswana is the only country that has a long term development plan on the utilization of its natural resources for the benefit of its citizens.’ noted Mr Elhiraika. Among the recommendations by the report is the requirement for the strengthening of institutional and regulatory frameworks to enhance transparency and accountability in economic governance. The report recommendations and key messages arising from the discussion will now contribute to ongoing efforts to strengthen Africa’s natural resources sector as a stakeholder and enabler of development on the continent.