Big Barrels: African Oil and Gas and the Quest for Prosperity, highlights the success stories of the Continent’s Petroleum sector today
Oil and gas can be a force for good on the African continent.
In his author’s debut Big Barrels: African Oil and Gas and the Quest for Prosperity, leading African energy lawyer NJ Ayuk, uses practical examples from the Continent to disprove the decade-long perception that resource wealth in Africa is synonymous with corruption and dysfunction.
Big Barrels, which launched early June at the Africa Oil & Power Conference and is co-written by Energy analyst and editor João Marques, aims to change the narrative on energy in Africa, and paints the picture that the reality is far more complex and generally more encouraging.
The rapid development of Equatorial Guinea from one of the world’s economic backwaters to a leading light in Central Africa; how Ghana turned to its active civic society to deal with its oil windfall only a few years ago; and how Tanzania is being shaped in response to global interest in its massive gas reserves, are among the nine examples of success stories from African nations’ petroleum industries today, highlighted in the book.
According to Ayuk, advocate for African entrepreneurs and Founder and CEO of the Pan-African Centurion Law Group, Big Barrels highlights the positive trends in Africa’s energy business, but is not blind to its challenges.
Says Ayuk, “The simple fact is – oil and gas provide African countries with the fastest route to prosperity. Natural resources are put on a pedestal with regards to building nations, economies and wealth.”
He continues, “The Continent is currently forging its own ways of winning in this complex industry. We are not just a source of raw materials for the world. This book demonstrates how oil and gas in Africa is a source of innovation, wealth and job creation, and why it is imperative”.
Big Barrels: African Oil and Gas and the Quest for Prosperity is available via Amazon (Ships to South Africa), Barnes & Noble and !ndigo, as well as selected book retailers in the United States and United Kingdom.