First Independent Mena Newspaper
Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]
Mauritania is set to launch on Wednesday a new global initiative, the Fisheries Transparency Initiative (FiTI,) meant to improve the management of fisheries and preserve fish stocks. The move comes following the warning of economic affairs minister Sid’Ahmed Raïss who said that “overfishing by foreign boats is threatening our way of life.” Highlighting the dangers […]