12 Nov Africa Oil Week closes with a promising industry outlook
Business Report shared that Cape Town’s Africa Oil Week successfully wrapped up after a content-packed conference and exhibition. The leading business and intelligence business platform spread across five days saw more than 1,500 delegates.
Delegates from around the world exchanged thoughts and the latest insights taking place in Africa and the future of the Oil and Gas industry. This year, 17 Government ministers were in attendance at the event, including ministers from South Africa, Nigeria, Mali, Uganda, Gambia, Congo, Niger, Cote d’lvoire, Guinea, Namibia, and Sudan. Additionally, during the course of the event, more than 200 speakers took part in the conference and exhibition, providing over 50+ hours of industry insights and networking.
On the final day of the event, AOW hosted a dedicated student programme new for 2018, which more than 100 students attended. The session was partnered with institutions including University of Cape Town, University of the Western Cape, University of Namibia and University of Dar es Salaam and focused on capacity building and workforce development.
What is critical for this sector is getting to grips with unlocking the full potential of the Local Content requirements. This starts at grass-roots levels — schools, tertiary education and promoting the education of Science & Engineering career paths.
At Altitude Advisory International, we understand the criticality of these fundamental steps to developing a sustainable path for Upstream in Africa. Local Content is Key. Developing these Local Content Strategies and Roadmaps in partnerships with Local Government and Educational Institutions is what will ultimately ensure the sustainability of this sector on the African continent. With our experience in assisting other Global Oil Majors and Multinationals in Africa in doing so, we can help more.
CONTACT US if you are interested in learning more.