OREANDA-NEWS. An abundance of resources creates several opportunities and challenges on the continent. When well managed, natural resources wealth, including extractives, can accelerate Africa’s economic transformation and create jobs and opportunity for present and future generations. The challenge is finding ways to capitalize on extractive industries projects. Local content policies potentially offer countries and communities an effective pathway.

In order to generate debate for increasing positive outcomes from extractives through local content policy, the African Development Bank’s African Natural Resources Center (ANRC), King Abdullah Petroleum Studies and Research Center (KAPSARC) and OCP Policy Center (OCPPC) are co-hosting a workshop in Rabat, Morocco, on September 5-6, 2016.

The workshop is an opportunity to engage participants for cross learning, share and discuss practical case studies, lessons learned and knowledge tools developed by ANRC to support African countries to formulate and implement local content policies.

The African Natural Resource Center is a non-lending entity of the AfDB that provides strategic advice and technical assistance to help African countries to maximize development outcomes from natural resources.

The King Abdullah Petroleum Studies and Research Center (KAPSARC), based in Riyadh, is the Kingdom of Saudi Arabia’s non-profit research and advocacy arm that aims at building knowledge in energy economics.