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the gulf of guinea and the global economy - AIPN

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V. Role for Oil CompaniesThe investment opportunities <strong>of</strong>fered by <strong>the</strong> Gulf <strong>of</strong> Guinea shouldattract <strong>the</strong> business community. Their intervention should takemultiple forms, including joint-ventures with <strong>the</strong> countries’national companies.Key issues:Corporate Governance:‣ Compliance with international best practices on accounting, anti-corruption laws, auditing <strong>and</strong> reporting requirements;‣ Transparency in activities (e.g. full participation to EITI):this will help <strong>the</strong>m make reputational <strong>and</strong> credibility gains, <strong>and</strong>facilitate <strong>the</strong>ir establishment in <strong>the</strong> indigenous locations19

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