African Energy Chamber has announced the appointment of some prominent experts in the oil and gas industry into its Regulatory Affairs Committee to serve on its Advisory Board for 2020 and 2021.
The experts so appointed include: Regional CTO, Strategy and Innovation at Microsoft, Jovita Nsoh; Associate Attorney, Centurion Law Group, Oneyeka Ojogbo; Managing Director, Africa Oil & Gas Limited, Nicolas Bonnefoy; President/CEO, WTD Resources LLC, Bill Drennen; Managing Director/CEO, Ocean Deep Drilling ESV Nigeria Limited (ODENL), Chijioke Akwukwuma; and Bruce Falkenstein of Upstream Advisory and Consulting.
The committee would be central to the chamber’s policy advocacy and advisory efforts across the continent to provide an enabling business environment for investors and entrepreneurs.
Members of the Regulatory Affairs Committee act in their personal capacity and gather decades of experience within the public and private sector, with a strong legal expertise of African and global energy markets.
“African markets must stay competitive and must do better at attracting investment and respecting the sanctity of contracts.
“From adopting progressive local content legislation to implementing better fiscal regimes, African energy markets must seize the opportunity offered by the global pandemic to review their existing frameworks, keep what is working and amend what is slowing down the pace of investment in the continent,” said the Executive Chairman at the African Energy Chamber, Nj Ayuk.
Given increasing competition for investment and challenging market conditions, the right to adopt market-driven policies and promote an enabling business environment across Africa is greater than ever.
Acting as the link between the public and private sector, the African Energy Chamber strongly believes that a recovery from the novel Coronavirus (COVID-19) pandemic would require a stronger emphasis on market-driven policies, investors-friendly environments and regulations that embrace digitisation so African markets could compete for capital and technology globally.