The EITI Chair, Fredrik Reinfeldt, visited West Africa during the week of 22-26 August. He visited a region emerging from the Ebola crisis and struggling with low mineral prices. The former Swedish Prime Minister met with his counterparts in Guinea and Cote d’Ivoire. Both Guinea’s Prime Minister Mamady Youla and Cote d’Ivoire’s Prime Minister Daniel Kablan Duncan reaffirmed the commitment of their governments to using the EITI to improve the governance of their extractives sectors.
43 countries publish roadmaps to disclose the real owners of companies in oil, gas and mining by January 2020. 20 commit to public registers.
The EITI Standard requires that companies that “bid for, operate or invest in extractive assets” should publicly disclose the identity of their beneficial owners. Over the past month, 43 EITI countries have published their plans for how to disclose the real owners of companies in their extractive sector by January 2020.