JOHANNESBURG, SOUTH AFRICA - Media OutReach - August28, 2019 - Africaneconomies are undergoing a transformative period. The energy sector, inparticular, holds great potential to revitalize African economies and empowerthe growth and development. This, is a subject NJ Ayuk dives into in greatdetail in his sophomore book, Billions atPlay: The Future of African Energy and Doing Deals.
NJ Ayuk
Now available for pre-order onAmazon, Billions at Play tells us howenergy can work better for Africans.
With a foreword by OPEC SecretaryGeneral Mohammad Sanusi Barkindo, Billionsat Play sets out to answer the questions: How did Africa get here and whatcomes next? How do African countries and societies get the most value fromtheir resources? What exactly can African leaders do to put their countries ona sustainable, profitable path? And how can all parties win in Africa's energydeals of the coming decades?
In a straightforward approach, theExecutive Chairman of the African Energy Chamber outlines the fortunes andmisfortunes in Africa's petroleum industry and presents to us that Africa canlearn from itself to build competitive economies. In particular, he proposesthat:"If African governments,businesses, and organizations manage Africa's oil and gas revenues wisely, wecan make meaningful changes across the continent."
Using his experience andknowledge of the global energy sector, Ayuk challenges key players to be more activein developing their resources and local content skills, and encouragesdecision-makers to put Africa's people at the center of economic growth plans.
Making the case for the petroleumindustry having the power to support and transform emerging economies, heunpacks key issues including what and how Africa can learn from itself, therole of natural gas in Africa's energy future, effective and sustainableinvestment strategies, strategic oil and gas revenue management and, the roleof women in the African petroleum sector.
The latter he insists is vital inthe success of Africa's oil and gas sector.
He asserts that the low number ofwomen represented in the global energy sector is an opportunity missed. "Ibelieve this is unacceptable, short-sighted, and, frankly a real stumblingblock to African countries that want to realize the full socio-economicbenefits that a thriving oil and gas industry can provide."
Ayuk says that, "Africans aremore than capable of making our continent successful." However, globalparticipation in the African energy landscape can produce greater benefits.Speaking on U.S.-Africa relations specifically, he stresses that Africa needscompanies that are willing to share knowledge, technology and best practices,and businesses that are willing to form positive relationships in areas wherethey work.
In his foreword, H.E. Barkindodescribes Ayuk as a dreamer who has "taken the time to develop a detailedroadmap for realizing that dream" and prompts people all over the world to takethe time to read Billions at Play inorder 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: TheFuture of African Energy and Doing Deals is now available for pre-order onAmazon. Order your copy today.
https://www.amazon.co.uk/dp/1913136345/ref=cm_sw_r_wa_apa_i_mF1yDbB4BV0D6
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