Co-financing with ALSF of negociation of Oil Exploration Contracts


Project Summary

Approval Date 17 Jun 2013
Signature Date 28 Feb 2014
Planned Completion Date 31 Dec 2015
Last Disbursement Planned Date 30 Jun 2016
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 22,126
Status Completion

Project General Description

The present project is part of the Negotiations capacity building support and training program in Sao Tome & Principe. It's designed to strengthen the capacities of countries to negotiate contracts and royalties. An important aspect of this intervention is advocacy to increase awareness and promote governance through role clarity, separation of powers and a clear strategic direction for conducting the negotiations. The desired outcomes are a clear mandate, an empowered team of negotiators, clear lines of authority and policy, legal and institutional parameters to stabilize the environment for negotiating and implementing agreements. In addition, training course is planned and involves three main modules that can be administered individually to bridge specific capacity gaps in line with identifiable skills needs. However, the course could have been one comprehensive training session made of all parts of the tool.

Project Objectives

The objectives of the project are: (i) advocate for good governance as it relates to team selection, determining the mandate and implementing contracts through a clearly understood process; (ii) stabilize the authorizing environment in which the negotiations and implementation of the agreements occur; (iii) strengthen the knowledge of negotiators by administering a comprehensive training course on pre-negotiations considerations, developing negotiation strategies, conducting the negotiations and managing contracts.

Beneficiaries

The main beneficiaries of the project are the executive arm of government as the entity responsible for selecting, mandating negotiators and designing regulatory structures; the representatives of government delegated to negotiate with investors or bilateral partners.

Participating Organization

Funding
Fragile States Facility
Implementing
Gouvernement du São Tomé & Principe
Implementing
Government of São Tomé & Principe

Information

IATI identifier 46002-P-ST-KF0-002
Last Update 19 Jan 2021

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Contact Details

Name DOGBEVI-FALY Elinam Hanou Gilberte
Email g.dogbevi-faly@afdb.org

Geographic Location

Country Sao Tome and Principe