The Zambezi Protocol: Result of a Dialogue on Natural Resource Policy in Africa

Published 28 April 2016

An event hosted by the Brenthurst Foundation, and held on the banks of the Zambezi River, Zambia, 22–24 April 2016.

"Mining and oil is not a sunset industry in Africa. To the contrary, the sector holds great future promise, where Africa enjoys a considerable comparative advantage vested both in its store of mineral wealth and its human capital. This advantage can be realised only with the right sets of policies which aim to encourage long-term, generational investment: legislative certainty, the provision of reliable services including water and power, a stable and attractive tax regime, a predictable and transparent legal system, policy cohesion, a reliance on administrative regulation rather than political discretion, and honest and competent officials. Overall, a new narrative of the value of the industry to Africa is necessary however, one defined not by conspiracy and mistrust but instead by shared dialogue, dependency and endeavour, and underpinned by a clear belief that government needs investors and vice versa. The Zambezi Protocol offers a path for government, business and other partners to chart a fresh, positive future for mining in Africa." — Olusegun Obasanjo, former president of Nigeria

About the Authors:

  • HE Olusegun Obasanjo, Chairman: The Brenthurst Foundation and former President of the Federal Republic of Nigeria
  • Dr Greg Mills, Director: The Brenthurst Foundation
  • Major General Dickie Davis (rtd), Associate: The Brenthurst Foundation.
  • They were assisted by Ms Dianna Games, CEO: Africa at Work; and Professor Lyal White, Director: Centre for Dynamic Markets, Gordon Institute of Business Science.

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