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Of Africa\u2019s natural resources, underdevelopment, and poverty \u2022 Kwamina Panford: the brain behind a brave new book<\/em><\/strong><\/p>\n The exodus of U.S.-based Indian and Chinese professionals and businessmen to India and China to contribute and do bigger and better things there has initiated what has been termed \u201cBrain circulation\u201d as opposed to the nauseous \u201cBrain drain\u201d of the past. I have often been intrigued by the large numbers of African professionals in the diaspora and wondered how such energies can be turned homeward and harnessed to benefit Africa. Why must Africa continue to be poor and isolated considering the continent\u2019s substantial natural resources coupled with the mind power of its sons and daughters in the diaspora\u00a0 <\/p>\n On first meeting prof. Kwamina Panford<\/strong><\/p>\n In 2012, while visiting Boston, I inquired of the possibility of meeting some influential Africans in the area. Right away the name of Prof. Panford was suggested and his telephone number duly given to me. I called and met him at Northeastern University where he taught in the African Studies department. We had lunch at the Faculty Lounge in the company of a young Ghanaian he was mentoring.<\/p>\n His story reflects a case study of how Ghanaian professionals abroad can be of immense help to Ghana, in particular and Africa in general. prof. Panford was born in Koforidua in the Eastern Region and attended Koforidua Catholic Schools, St Augustine\u2019s College – Cape Coast, and the University of Ghana. <\/p>\n Since being abroad finishing his Masters and PhD degrees, he has contributed to Ghana\u2019s higher education by donating books to University of Ghana and University of Cape Coast, and hosting over 400 Ghanaian students and faculty at Northeastern. <\/p>\n Liaising with Ghanaian compatriots<\/strong><\/p>\n Prof. Panford is now on a sabbatical and fellowship leave to teach at the Institute for Development Studies, University of Cape Coast (IDS\/UCC). His earlier visits to Ghana have entailed other assignments. From 1991-2003, for instance, he was engaged with the Ghana Trade Union Congress (TUC) and the Government of Ghana \/ Labour Department to review and craft Ghana\u2019s labour laws. <\/p>\n With Ghana\u2019s discovery of oil in June 2007, he shifted gears and became involved in this bold new sector. He started this journey of oil discovery and production in September 2009 on a sabbatical at IDS\/UCC. Led by the then director, Prof. J.V. Mensah and the new director Patrick Agbesinyale and other colleagues, they conducted a massive survey of Ghana\u2019s six oil districts to provide a baseline for measuring the social and economic impact of Ghana\u2019s new oil industry. <\/p>\n Prof. Panford literally commuted from Boston (from 2009 to 2014, and from 2015 to the present) to stay engaged with his Ghanaian compatriots.\u00a0 Additionally, in 2010 \u2013 2011, he helped the Ministry of Finance under the guidance of Prof. Joe Amoako Tuffour – another Ghanaian diasporan expert and adviser to the Ministry of Finance – to draft the nation\u2019s landmark Petroleum Revenue Management Act (PRMA) and the creation of the Public Interest and Accountability Committee (PIAC). <\/p>\n He then collaborated with the TUC\u2019s leadership including the recently retired Secretary General, Kofi Asamoah and the current one, Dr Yaw Baah, to get TUC a full recognition and representation on the PIAC. <\/p>\n About that same time, Prof. Panford was on the public lecture circuit \u2013 the Daily Graphic Business Forum on Oil, Institute for Economic Affairs\u2019 Ghana Policy Journal Special Edition on Ghana\u2019s Oil, and drafting the Ministry of Energy\u2019s Local Content Legislation. He even liaised with the Catholic Bishops on oil at Takoradi in 2011, and addressed TUC\u2019s Executive Board in 2012 at Tema. <\/p>\n Prof. Panford was the lead consultant who together with Ghana\u2019s current Minister of Natural Resources, Peter Paul Amewu and the current Deputy Minister of Energy, Dr Amin Mohammed, wrote Ghana\/Africa\u2019s first and one of the world\u2019s rare government accounting for oil revenues and expenditures. <\/p>\n Institute for oil and gas studies<\/strong><\/p>\n Coming from a labour background with experience from the ILO (Geneva, Switzerland), Prof. Panford led the TUC\u2019s effort to write its maiden oil policy paper and as a resource person, helped UCC to found Ghana\u2019s first public university-affiliated Institute for Oil and Gas Studies. <\/p>\n Although Ghana still has teething petroleum production issues, some of the measures and bills and institutions he was involved in – if managed as intended to perform – will assist Ghana to avert the proverbial resource curse.<\/p>\n After reflecting on his experience in Ghana and many African \/ non-African states\u2019 experience and involvement with oil and other natural resources in December 2016, Panford has now completed his 249-page book. <\/p>\n A very candid book, it unravels the myths surrounding a hugely popular but flawed theory called the resource curse and its application to Ghana and four major natural resource producing African nations\u2014Nigeria, Equatorial Guinea, Democratic Republic of Congo and Angola. <\/p>\n The author seeks to unravel that mystery though his book, \u201cAfrica\u2019s Natural Resources and Underdevelopment: How Ghana\u2019s Petroleum Can Create Sustainable Economic Prosperity,\u201d (Palgrave Macmillan, NY 2017, 249 pp.) <\/p>\n He focuses on Ghana\u2019s recent discovery of oil, the nation\u2019s woes with \u201cgalamsey\u201d and how to turn natural resources into assets for economic prosperity.<\/p>\n The book is poised to contribute to discussions and policy formulation in Ghana and elsewhere in Africa. More importantly, it is full of practical policy recommendations.\u00a0 For example, at the time the new NPP administration seeks to eliminate the scourge of galamsey, illicit environmentally destructive gold and diamond mining, Prof. Panford provides a history of this social menace and lays out how Ghana can exploit its gold, diamond and now oil for the greater good.<\/p>\n [To be continued}<\/strong><\/p>\n Email: [email\u00a0protected]<\/strong> Of Africa\u2019s natural resources, underdevelopment, and poverty \u2022 Kwamina Panford: the brain behind a brave new book The exodus of U.S.-based Indian and Chinese professionals and businessmen to India and China to contribute and do bigger and better things there has initiated what has been termed \u201cBrain circulation\u201d as opposed to the nauseous \u201cBrain drain\u201d […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-391618","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"\n
Blog: www.anishaffar.org<\/strong> <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"