Page 21 - Nigeriaone mag 2 edition en
P. 21

The local content development in African oil and gas producing

             countries



































                                                                                       African woman, illustrative image

             Youth  in  Africa  constitutes  a  significant  share  of  the  population.  African  nations  prioritize  local  content
             development  in  their  bid  to  maximize  the  exploitation  of  their  substantial  oil  and  gas  reserves.  In  that
             regard, Luanda (Angola) hosted the 8th African Petroleum Congress and Exhibition (Cape V111) on 16-19
             May  2022.  At  the  event,  discussions  revolved  around  challenges  and  opportunities  of  the  local  content
             development for the youth and entrepreneurs in the continent's hydrocarbon market . Numerous challenges
             plague  the  African  energy  sector,  such  as  technology  issues,  infrastructure,  market,  expertise,  and
             investment.  Salisu  Isihak,  the  Chairman  of  the  World  Energy  Council’s  Future  Energy  Leaders  Nigeria,
             believes that African youth has the potential to solve prevailing problems. He said “The innovation among
             the youth will enable the development and implementation of solutions to industry challenges. They are key
             in safeguarding a just energy transition and will be drivers in ensuring the resources are beneficial to the
             continent.”
             There  have  been  some  notable  accomplishments  in  local  content  development  in  some  African  nations,
             despite serious challenges. Some of the panelists at the event highlighted the significant steps that have been
             taken by certain African countries to improve young people's participation in the market. In addressing the
             industry experience gap, Kwaku Boateng, Director of Local Content at the Petroleum Commission of Ghana,
             spoke about the important initiatives taken by his country. “Ghana only started to develop its oil and gas in
             2010  and  the  market  is  still  young.  Right  now,  we  are  trying  to  develop  our  local  content.  Because  our
             technicians had no requisite experience, international firms were bringing their own experienced workers.
             We decided to develop a number of programs such as the Ghana Upstream Sector Internship Program and
             Associated Oil and Gas Capacity Building Program, in which we placed youths in technical institutions to
             train  them.  We  also  realized  our  technicians  did  not  have  accreditation  to  work  for  international  firms,
             hence we developed a program to ensure our graduates are trained with the right certification to ensure they
             are recognized internationally.”


             Africa                                                                                        21
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