Oil, gas, and mining

Parliamentary elections in 2024 may be an opportune moment for reformers to address shortcomings in how the economically important minerals sector is governed.

In Madagascar, gold mining could be a major source of development for the government and the population. However, every year the country suffers losses due to the increase in illicit practices such as corruption and money laundering.

Due to its ease of movement and global exchangeability, gold tends to attract illicit actors. Between US$300 and US$600 million is smuggled out of the DRC annually.

A Theory of Change model for EITI could help improve natural resource governance outcomes. It should reflect national contexts, strengthen information disclosure and build civil society capacity.