The World Bank’s Extractives Global Programmatic Support (EGPS) Multi-Donor Trust Fund has been extended, with donors pledging approximately USD $40 million for continued support. A key funding mechanism for EITI implementation in developing countries, the programme is designed to improve the capacity of resource-rich developing countries to use their oil, gas and mineral resources in a transparent, sustainable and gender-inclusive manner.
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Niger returns to the EITI as 53rd implementing country, renewing its commitment to extractives transparency
Following the country’s withdrawal from the EITI process in October 2017, the Government of Niger has re-committed to implement the EITI. Its candidature was approved by the EITI Board today, making it the 53rd country implementing the EITI Standard, and the 25th in Africa.
In the wake of the alleged corruption scandal that surfaced in Angola this week, the EITI reiterates its call for Angola to join the EITI and implement its Standard.
Known as the Luanda Leaks, this high-profile case emerged when the International Consortium of Investigative Journalists (ICIJ) exposed records allegedly linked to businesswoman Isabel dos Santos, daughter of the former President of Angola. Some of these revelations concern the country’s state-owned oil company Sonangol,
EITI Board agrees that Indonesia has made “meaningful progress” in EITI implementation. Aligning the EITI process with broader national objectives will remain vital in the governance of a complex extractive sector.
Indonesia has achieved meaningful progress in implementing the EITI Standard, as agreed by the EITI Board following Validation. While the country’s extractive sector is characterised by complex and decentralised governance systems,
EITI’s Africa Director, Bady Baldé, has been appointed as its Deputy Executive Director. Going forward, Bady will combine the roles of Africa and Deputy Executive Director.
“I am delighted that Bady will take up the role of Deputy Executive Director at the EITI International Secretariat," commented Mark Robinson, EITI’s Executive Director. "Bady is an accomplished speaker and strategist, whose skills and substantial country experience will take the EITI forward,
The EITI Board gathered to assess country progress, discuss the EITI’s role in addressing corruption and deepen cross-organisational collaboration.
Less than a week after the 2019 Nobel Peace Prize was awarded to Ethiopian Prime Minister Abiy Ahmed Ali, Addis Ababa was a fitting backdrop for the 45th EITI Board meeting, hosted by the Government of Ethiopia. With the extractive industries being one of Ethiopia’s “big four” focus areas for economic growth,
State-owned petroleum company Qatar Petroleum will join the EITI as a supporting company, announced EITI’s Corporate Engagement Manager Andrew Irvine today, in a discussion on the EITI’s outreach plans at the organisation’s Addis Ababa Board meeting.
“It is encouraging to see a large and influential state-owned company like Qatar Petroleum join the EITI’s group of supporting companies,” said Mark Robinson, EITI Executive Director.
EITI Board concludes that Myanmar has made meaningful progress in EITI implementation, whilst urging government to strengthen public disclosures and further improve the environment for civil society participation.
Myanmar has achieved meaningful progress in implementing the EITI Standard, the EITI Board concluded today at its meeting in Addis Ababa, Ethiopia.
The Democratic Republic of Congo has made meaningful progress in implementing the EITI. Despite the country’s positive direction of travel in strengthening transparency, major challenges in accountability and governance remain.
The EITI Board decided today at its meeting in Addis Ababa, Ethiopia, that the Democratic Republic of Congo has made meaningful progress in implementing the EITI Standard.
Iraq has made meaningful progress in implementing the EITI with significant improvements in transparency of state-owned enterprises, oilfield data and petrodollar allocations. Opportunities exist to translate this emerging transparency into evidence-based debate and policy making.
The EITI Board decided today that Iraq has made meaningful progress in implementing the EITI Standard. Validation, the EITI’s quality assurance process,