This briefing outlines key principles that should frame stakeholder engagements in Africa’s extractive industries, with balanced participation by companies, governments and other role players. Chief among these is a renewed commitment by all the parties to the idea of shared values and reciprocal responsibilities, within clearly defined frameworks for effective co-ordination. More reflective, evidence-driven dialogues on leveraging the extractive sector towards social and economic transformation without compromising the profitability of private investments are also essential. These need to be informed by a broader conception of partnership among African states, prioritising regional standard setting and lesson sharing, as well as more purposeful strategic partnerships with global systemic players in the extractive sector.