The Energy Republic July Edition 2022

AFRICAN ENERGY
PETAN Partners ATOGS, Tanzania To Deepen
Local Content In Africa
P
ETAN, led by its Executive Chairman, Mr. Nicolas Odinuwe and
Vice Chairman. Mr. Ranti Omole formalized PETAN's partnership
with the Association of Tanzania Oil and Gas Service Providers,
ATOGS, to deepen amd promote local content to the benefit of their
citizens.
The partnership will benefit both countries through sharing of
experiences, capabilities, expertise and technological engineering
solutions. It will also enhance collaboration on joint ventiew bidding and
financing for projects whilst exploring business opportunities available
in the oil and gas sector, training and capacity building programmes for
Indigenous operators across the oil and gas value chain.
Leading the African Local Content Agenda, PETAN, the largest and
leading indigenous advocacy group representing the Nigerian
oil and gas service companies with membership across the
entire value chain is forging partnerships across Africa to
stimulate a private-sector led industry that will catalyze the
growth and development of the continent through local
content development.
The Association was formed, according to Mr. Odinuwe, to
bring together Nigerian oil and gas entrepreneurs for the
exchange of ideas with major operators and policy makers.
The ATOGS Board Chairman, Hon. Abdulsamad Abdulrahim,
expressed delight with the partnership, saying that it would
help to improve education standards and invest in human
capital development through training and capacity
development programmes in his country.
Building, Integrating and Sustaining Balance in Africa
Member State Economies Through Manufacturing
T
he Welding Federation as Africa’s
frontline body for building and
sustaining manufacturing capacities
across industries in Africa, participated in
the 2022 edition of Cameroon’s SDG
seminar with the theme ” The Respect and
Implementation of Industry Norms
Through Training and Certification Inline
With National Development Strategy of
Cameroon Towards Agenda 2030ʺ
Hosted by the Prime Minister of Cameroon
through the Ministry of Small and Medium
Enterprises, TWF was represented by its
Executive Director, Ayo Adeniyi.
In his lecture, he reviewed technical details
o f n o r m s r e l e v a n t t o g r o w i n g
manufacturing in Cameroon and proferred
g u i d e o n h o w t o d o m e s t i c a t e
implementation of relevant norms. Mr
Ayo’s lecture gave a technical exposition on
TWF as a continental body, and how TWF’s
systems and schemes for building and
sustaining manufacturing in Africa,
addresses domestication of norms in
cameroon, driving best practices locally, and
building a manufacturing workforce of
skilled persons relevant to both local and
continental space opportunities in
materials manufacturing.
Ayo posited in his presentation that wisely,
local national content was fast giving way to
African Content as a more sustainable
economic model in the face of growing
awareness and constantly mutating nature
of the materials manufacturing industry.
He commended Cameroon’s national
interest to grow manufacturing and access
opportunities in the continental market as
being very much complimentary to market
realities. He explained that while the market
need exists, the existing financial
heamorage and employment deficits which
plague national economies in Africa is
primarily due to lack of integrated capacities
and skilled workforce. He added that the
future of economic and employment
sustainability for Africans is in Africa as a
block, not a regional municipality.
The opportunities continent wise are more
self sustaining and complimentary to
national economies,than self limiting
frameworks implemented via poor
understanding of local content.
He reiterated that Africa boast an
impressive US $3 trillion opportunities
economy from a 2020 valuation. Over 50%
of this opportunity value chain he stressed is
lost and might never be accessible to
Africans due to steady importation of
manufactured products , industrial
machinery and transport equipment. The
impact of the opportunity losses he
asserted is common across all African
economies. This narrative he claimed can
best be addressed through a well
coordinated integration of sub level
va r i a b l e s , a p p l i c a b l e t o A f r i c a ’s
manufacturing industry.
TWF’s primary purpose is building,
integrating and sustaining materials
manufacturing across Africa with her pool
of manufacturing systems and schemes .
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