The book provides a systematic examination of the legal, fiscal and institutional frameworks for the commercial development of petroleum and solid mineral resources in Africa. First, it considers the values, assumptions, and guiding principles underpinning legislation and governance in Africa’s extractive sector. It then provides detailed and comparative evaluations of regulatory frameworks, pricing, local content, procurement, sales, and contractual arrangements across African extractive industries. Further, the book assesses how questions of business and human rights risks, accountability, corporate social responsibility, waste and pollution control, environmental justice, and participatory development have been addressed to date, and how they could be addressed better in the future. Enhancing readers’ understanding of the geography, sources and scope of extractive resources in Africa, the book explains how corporations can effectively identify, mitigate and prevent legal and business risks when investing in African extractive industries. Lastly, it discusses the innovative legal strategies and tools needed to achieve a sustainable and rights-based extractive industry.Written in a user-friendly style, the book offers a valuable resource for corporations, investors, environmental and human rights administrators, advocates, policymakers, judges, international negotiators, government officials and consultants who advise on, or are interested in, petroleum and solid mineral investments in Africa. It also offers students and researchers an authoritative guidebook to the current state of extractive industry laws and institutions in Africa. Numerous examples of how international legal norms could be used to help revitalize the underlying legal and fiscal regimes in African extractive industries – to make them more robust, accountable, sustainable and rights-based – round out the coverage.
The first text to deal exclusively with the underpinning legal and governance regimes on extractives investments in Africa, cutting across petroleum and solid mineral sectors
Provides a comparative analysis and overview of extractive industry law and governance institutions across Africa, enabling students and practitioners to understand the diverse approaches and distinctive risk points in extractive investments across Africa
Provides detailed information on the licensing requirements, participation contracts, legal and contractual risks, and due diligence tools for mitigating risks when investing in African regimesEncompasses current topical issues such as business and human rights, environmental justice, corporate social responsibility, corporate risk identification and management, as well as multi-stakeholder engagement and accommodation in extractive investments
Builds on the limits of olderand most recent works in this area, which have provided either narrow, or dated, explorations of legal regimes on extractives investments in Africa
The first text to deal exclusively with the underpinning legal and governance regimes on extractive investments in Africa Provides a comparative analysis and overview of extractive industry law and governance institutions across Africa Enables practitioners and students to understand the diverse approaches and distinctive risk points in extractive investments across Africa Provides detailed information on the licensing requirements, participation contracts, legal and contractual risks, and due diligence tools for mitigating risks when investing in African regimes Encompasses current topical issues, such as business and human rights, environmental justice, corporate social responsibility, corporate risk identification and management, as well as multi-stakeholder engagement and accommodation in extractive investments Builds on older and more recent works in this area, which have provided either narrow or dated explorations of legal regimes for extractive investments in Africa
Damilola S. Olawuyi
Business and Human Rights Corporate risk management Nigeria Kenya Sustainability Resource extraction Petroleum Mineral resources Corporate social responsibility Environmental justice Participation Water pollution Investments Extractive