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The extractive industry accounts for 30% of Mauritania's GDP. © Olivier for J.A.
The purpose of Itie is to shed light on the revenues from the extractive industries, but does it really help to put an end to the secrecy that prevails in the granting of licenses?
By the end of September, Swedish Jonas Moberg will join the public affairs director of the controversial trading giant Trafigura. Vast project in prospect and surprising career evolution for the one who, until the end of June, directs the international secretariat of the Initiative for the transparency in the extractive industries (Itie), installed in Oslo.
Launched in 2004, The purpose of Itie is to shed light on revenues from hydrocarbons, minerals and the forest industry. This approach appealed to the multinationals in the sector because it is a voluntary process initiated at the request of governments. Companies and Authorities Report Revenues and Taxes Obtained Before NGOs Screen This Data
Limited Transparency
In sub-Saharan Africa, ITI has been most successful. Twenty-Four Countries
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