Our Thematics Areas
Revenue governance is critical in spurring economic growth and poverty reduction for resource dependent countries in Africa whose economies are significantly linked to extractive sector revenues.
The African Continent is bequeathed with significant natural resources (Minerals, Oil and Gas). While these significant reserves hold the promise to catalyse economic development and transformation, the history of oil and gas production shows that in many oil-rich African countries, the impact of the oil industry on national development has been sub-optimal. Poor governance of the extractive sector, characterised by corruption, rent-seeking, weak institutional capacity and poor citizenry oversight among others, prevent benefit maximisation of these resources.
The finite nature of these resources means we should be concerned about how extractive revenues are managed. ACEP’s revenue governance work focuses on transparent, efficient and effective revenue mobilisation, allocation, expenditure and accounting in African countries.
Specific project interventions in this regard include: