JOHANNESBURG, SOUTH AFRICA - Media OutReach - August
28, 2019 - African
economies are undergoing a transformative period. The energy sector, in
particular, holds great potential to revitalize African economies and empower
the growth and development. This, is a subject NJ Ayuk dives into in great
detail in his sophomore book, Billions at
Play: The Future of African Energy and Doing Deals.
Now available for pre-order on
Amazon, Billions at Play tells us how
energy can work better for Africans.
With a foreword by OPEC Secretary
General Mohammad Sanusi Barkindo, Billions
at Play sets out to answer the questions: How did Africa get here and what
comes next? How do African countries and societies get the most value from
their resources? What exactly can African leaders do to put their countries on
a sustainable, profitable path? And how can all parties win in Africa's energy
deals of the coming decades?
In a straightforward approach, the
Executive Chairman of the African Energy Chamber outlines the fortunes and
misfortunes in Africa's petroleum industry and presents to us that Africa can
learn from itself to build competitive economies. In particular, he proposes
that:"If African governments,
businesses, and organizations manage Africa's oil and gas revenues wisely, we
can make meaningful changes across the continent."
Using his experience and
knowledge of the global energy sector, Ayuk challenges key players to be more active
in developing their resources and local content skills, and encourages
decision-makers to put Africa's people at the center of economic growth plans.
Making the case for the petroleum
industry having the power to support and transform emerging economies, he
unpacks key issues including what and how Africa can learn from itself, the
role of natural gas in Africa's energy future, effective and sustainable
investment strategies, strategic oil and gas revenue management and, the role
of women in the African petroleum sector.
The latter he insists is vital in
the success of Africa's oil and gas sector.
He asserts that the low number of
women represented in the global energy sector is an opportunity missed. "I
believe this is unacceptable, short-sighted, and, frankly a real stumbling
block to African countries that want to realize the full socio-economic
benefits that a thriving oil and gas industry can provide."
Ayuk says that, "Africans are
more than capable of making our continent successful." However, global
participation in the African energy landscape can produce greater benefits.
Speaking on U.S.-Africa relations specifically, he stresses that Africa needs
companies that are willing to share knowledge, technology and best practices,
and businesses that are willing to form positive relationships in areas where
In his foreword, H.E. Barkindo
describes Ayuk as a dreamer who has "taken the time to develop a detailed
roadmap for realizing that dream" and prompts people all over the world to take
the time to read Billions at Play in
order to "play a part in making his dream of petroleum-fueled economic growth,
stability and improved quality of life happen for Africa."
Billions at Play: The
Future of African Energy and Doing Deals is now available for pre-order on
Amazon. Order your copy today.
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