The Herald: "Africa’s Oil, Gas Sectors Can Do More"

The oil, gas and mining industries — currently employing around one percent of Africa’s workforce — can do more to create more stable, direct and indirect wage-paying jobs that only promote economic growth.

This formed part of deliberations at the ongoing UNCTAD’s 17th African OILGASMINE Conference and Exhibition, taking place in Khartoum, Sudan where participants analysed the potential for exploration and production of oil and gas, and investment opportunities in Africa.

In Africa, only around five million new jobs are created for more than 12 million young women and men joining the labour force every year, but a study by International Finance Corporation in Ghana found, for example, that the creation of one direct job in the mining sector could generate 27 additional jobs in the wider economy.

Read the full article HERE.