The East African Energy Frontier, a Decade On
The East Africa region has seen some of the decade’s largest natural gas and energy finds. However, despite their magnitude, these discoveries have yet to fulfil the promise of social and economic progress.
With some signs of the negative impact of resource wealth already in evidence, Uganda, Kenya, Tanzania and Mozambique all require changes to their natural resources policies to ensure that revenues are shared and invested in the future. Underpinning this is the need for governments to improve transparency, allowing local institutions to hold the government and other stakeholders accountable. Without such steps, the full potential of these finds is set to go unrealised.