The workshop looked at the findings of a country study undertaken by one of ACET’s in-country Associates on the challenges and opportunities in the country’s mineral, oil and gas sectors. The study focuses on local employment, local businesses in goods and services, ownership and management by local people and participation of local financial institutions in the country’s mineral, oil and gas sectors.
Mozambique is one of the new frontiers of gas discoveries in the Western Indian Ocean that can be seen as a “game changer” in the regional integration perspective. Recent discoveries of Natural Gas and some indications of oil in Mozambique, Tanzania, Uganda and Kenya constitute an opportunity for fast industrialization. This is also a great opportunity for the neighbouring countries such as South Africa, Botswana, Zimbabwe, Zambia, Malawi, and others who can participate in the value chain by accessing the natural gas and its products.
The aim of this ACET workshop was to bring together key players from Mozambique’s mineral, oil and gas industries, government officials and academia. These actors discussed the research findings, provided further insights and knowledge for recommendations to address the challenges and maximize the opportunities in the mineral, oil and gas sectors.
This was part of ACET’s multi-country work which includes country studies on the mineral, oil and gas sectors in Burkina Faso, Ethiopia, Ghana, Nigeria, Namibia, Mozambique, South Africa and Zambia. The end of the project will bring together the key findings across countries and will be discussed with the ultimate aim to provide cross country learnings to improve the benefits from natural resources sectors accruing to African countries economies and their people.
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