(Business in Cameroon) - The Natural Resource Governance Institute ranks Cameroon in the top 5 of its "2017 Natural Resource Governance Index", which has just been published. The engine of the CEMAC zone is in 4th position behind Ghana, Tunisia and Côte d'Ivoire.

But, the report specifies that this ranking of Cameroon corresponds to "insufficient" governance of oil and gas resources, since the country only obtained 54 points out of a total of 100.

The "2017 Natural Resource Governance Index", measured the management of oil and gas resources in 81 countries which produce 82% of the world supply of oil, 78% of gas and 72% of copper. But in total, we learn, 89 assessments were finally made, since in eight countries, the authors of the report assessed the oil sector as much as the mining sector.

Three main criteria were taken into account in ranking the countries. There was value realisation (governance in attributing rights of extraction, prospection, production, environmental protection, collection of revenues and state-owned enterprises); management of revenues (national budgeting, sub-national sharing of national resource revenues and sovereign wealth funds); and the general environment for governance of the country in question.

BRM

2017 Ranking of African countries according to their governance index of oil and gas resources: Ghana Tunisia Côte d'Ivoire Cameroon Tanzania Mozambique Uganda Nigeria Congo Egypt Gabon Angola Chad Algeria South Sudan DRC Equatorial Guinea Sudan Libya