Securing Sustainable Solutions to the African Debt Crises

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Strategic Objective 2: To contribute to the strengthening of extractive industries revenue management in Africa.

 Africa is highly endowed with an array of natural resources capable of turning around the economic fortunes of the continent. The mobilisation and utilisation of proceeds from the sector has however not translated into meaningful and tangible benefits for the continent. Therefore while DRM is no doubt an important sustainable source of financing Africa’s development agenda, concerns are still looming that the “natural resource curse” in Africa may continue to limit its effectiveness as evidenced by the experiences of some countries for example, Nigeria, Angola and Congo DR where natural resources are the dominant sources of government revenue, and yet have not been used to improve service delivery and the broader national development objectives. Instead, resource endowments have created incentives for rent seeking, promoted bad governance and political instability.

During this strategic period, AFRODAD will therefore advocate for efficient and effective use of natural resources which is key to expanding the resource base for financing Africa’s development initiatives. 

For women in particular, extractive industries can provide opportunities for a better life, including increased employment opportunities, access to revenues, and expanded investment in the local community. Women-led businesses can flourish in the extractives supply chain. Working with and investing in women also makes good business sense - for example, many companies are recruiting women to drive trucks and operate machinery, as they have often found women employees to have an impressive safety record and reduced maintenance of equipment. 

Mining, oil drilling and gas extraction all have environmental, social and economic impacts that change women’s lives, often in ways that are dramatically different from their effects on men. Ensuring that men and women have equitable access to the benefits of resource development, and that neither are disproportionately placed at risk, requires commitment
to understanding and acting on the gender dimensions of the sector. This means including women in community-level project consultations, and national-level policy dialogues on extractive industries. 

Gender-sensitive consultation is essential to ensure that analysis; training and policies in the extractive industries not only meet the needs of women, but enhance their well-being.

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