CEP

What Matters When it Comes to Adopting Local Content? A Comparative Analysis of Success Factors in Africa and Latin America

Local content is a development strategy aimed at increasing the benefits from the oil and gas sector and translating them to other sectors of the economy. While this strategy has been widely adopted in Africa and Latin America, little is known about why local content strategies have been successful – or not - in specific country cases. Mapping these factors is challenging since every country demonstrates particular conditions and these factors might function differently depending on the context.