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Billions at Play: The Future of African Energy and Doing Deals
Wall Street Journal Best Selling Book “I agree with the points made―and with Ayuk’s case for the critical role that OPEC will play in helping African oil products achieve a much-deserved voice in the petroleum industry.”
―OPEC Secretary-General, H.E. Mohammad Sanusi Barkindo
Two decades of negotiating African oil and gas deals have given NJ Ayuk a grasp of the continent's energy landscape that few can match. The American-educated, African energy lawyer serves up generous doses of that insight in his second book, Billions at The Future of Africa Energy and Doing Deals. Serving as a road map for the continent to do a better job of using its vast energy resources to improve its peoples' lives, Ayuk addresses how African countries can use their energy industries as springboards for diversifying and growing their overall economies. In addition, Ayuk shows how African governments and local companies can negotiate better deals with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. Questions posed and
The book’s underlying theme is that too often, natural resources create wealth for foreign investors and a select group of African elites while everyday people (and in turn, African economies) fail to benefit. While it is easy to see that there is a lack of local participation in African projects and an ongoing challenge in securing necessary investment, we also need to understand our role in this. We have to understand the importance of creating enabling environments with attractive fiscal terms for local and foreign investors, the role of stronger local content policies in ensuring more local participation in the sector, and the weight government and political uncertainty carries in moving projects forward. “It’s up to Africans to fix Africa,” writes Ayuk. This statement can be considered a living theme throughout the book as he encourages that local companies and governments have to enter into collaborative agreements rather than passive engagements with IOCs and majors. “[We need] investors who show that they want to fully participate with us, by coming in and building long-term sustainable businesses that last and make a profit, create jobs and further development.” If you’re ready to dive headfirst into accessing a frank analysis and examination of the African energy landscape and how Africans can begin to fix Africa, jump into the pages of Billions at Play.
―OPEC Secretary-General, H.E. Mohammad Sanusi Barkindo
Two decades of negotiating African oil and gas deals have given NJ Ayuk a grasp of the continent's energy landscape that few can match. The American-educated, African energy lawyer serves up generous doses of that insight in his second book, Billions at The Future of Africa Energy and Doing Deals. Serving as a road map for the continent to do a better job of using its vast energy resources to improve its peoples' lives, Ayuk addresses how African countries can use their energy industries as springboards for diversifying and growing their overall economies. In addition, Ayuk shows how African governments and local companies can negotiate better deals with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. Questions posed and
The book’s underlying theme is that too often, natural resources create wealth for foreign investors and a select group of African elites while everyday people (and in turn, African economies) fail to benefit. While it is easy to see that there is a lack of local participation in African projects and an ongoing challenge in securing necessary investment, we also need to understand our role in this. We have to understand the importance of creating enabling environments with attractive fiscal terms for local and foreign investors, the role of stronger local content policies in ensuring more local participation in the sector, and the weight government and political uncertainty carries in moving projects forward. “It’s up to Africans to fix Africa,” writes Ayuk. This statement can be considered a living theme throughout the book as he encourages that local companies and governments have to enter into collaborative agreements rather than passive engagements with IOCs and majors. “[We need] investors who show that they want to fully participate with us, by coming in and building long-term sustainable businesses that last and make a profit, create jobs and further development.” If you’re ready to dive headfirst into accessing a frank analysis and examination of the African energy landscape and how Africans can begin to fix Africa, jump into the pages of Billions at Play.
- GenresAfrica
386 pages, Hardcover
Published December 15, 2020
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Displaying 1 - 5 of 5 reviews
March 25, 2020
One of the best books I’ve read this year. Very profound and deep analysis. Recommended to anyone as the source of key information on the oil and gas market (and much more) in Africa.
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July 9, 2020Wow very nice
January 29, 2020
Thank you to NJ Ayuk for the very informative read. He really knows his stuff and it shows in his writing. To be able to explain something that isn't easy to understand to someone who isn't familiar with the Oil & Gas world really demonstrates a great writing ability in general, but also a lot of knowledge about the topic. I feel like he really succeeds in getting his points across and it's a great read!
January 29, 2020
Just finished this book and it was outstanding. If you have interest in oil or energy it is a must-read. I think that the fact that he explores America’s role in the African success with Oil & Gas. It’s a world not many of us know a lot about, but I think that the importance of it for not just our own country, but everyone in the world is really eye-opening.
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November 29, 2019Billions at Play: The Future of African Energy and Doing Deals by NJ Ayuk is an eye opening read that is sure to make you stop and think. An intriguing read that is full of information and insightful truths. *I received a complimentary copy from RABT Book Tours and the author in exchange for an honest and unbiased review.*
Displaying 1 - 5 of 5 reviews