Maximizing Returns from Africa’s Energy Sector: Implementing the TAP Approach to Resource Governance

Chapter 9 examines current gaps in transparency (T), accountability (A) and participation (P) (TAP Approach), in order to provide its potential in maximizing African economies’ resource potential through improved resource governance. A simplified examination of the role, potential and constraints of the importance of the TAP Approach to resource governance is presented in the chapter by Azinge and Olawuyi. This analysis serves as a framework for maximizing benefits from Africa’s energy industry. It looks at the prerequisites for the TAP Approach’s implementation, the scope of its application in the continent’s current regulatory and governance frameworks and the challenges and obstacles to its implementation. Africa may be advancing toward maximizing its resource potential to satisfy its economic, energy security and climate change demands if current inadequacies in resource governance are addressed.