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Issues in Fiscal Policy Management under the Economic Reforms (2003-7)

In this paper the recent policy measures are reviewed which have been introduced by the federal government to enable a more prudent management of oil revenue and also to improve the quality of the government’s capital spending. The broad conclusion …

Low Government Revenue from the Mining Sector in Zambia and Tanzania: Fiscal Design, Technical Capacity or Political Will?

Overall, the trend for Sub Saharan Africa and for Zambia specifically, is clear from 2004/5 to recent years, as there have been either negative or low rates of national adjusted savings in contrast to the trend in most of Asia and Latin America. Th…

Why is Ghana so Poor, yet Rich underneath the Soil?

On the 14th of February, 2019, the Ministry of Finance announced what is described as the biggest oil find in Africa, 450 million – 550 million barrels, with potential reserves of nearly 1 billion barrels of oil. Fortuitously, this new “find” has oc…

Prospects for Africa's 26 Fragile Countries

"Africa is witnessing strong and sustained high levels of economic growth and an overall reduction in conflict across the continent. New natural resource exploitation, growing urbanisation and progress in human-development goals, such as education a…

Public-Private Partnerships (PPPs) and Sustainable Natural Resources Exploitation in Africa: Lessons from Diamond Mining in Chiadzwa, Zimbabwe

"African countries are endowed with vast natural resources in general and mineral wealth in particular. Regrettably, most of the resource-rich countries in Africa face chronic shortages of financial capital, appropriate and advanced technologies and…

AFECCOR Supporting Artisanal Gold Mining Communities to Access Savings and Credit

The Artisanal Mining Women’s Empowerment Credit & Savings project, known by its French acronym AFECCOR, supports women and men in artisanal gold mining communities to access savings and credit in an effort to promote entrepreneurship and security. I…

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