With Billions at Play, Russia and China Move into African Oil Investing while US Sits on Side-lines
Amazon #1 Best-Seller Billions At Play: The Future of African Energy and Doing Deals, by NJ Ayuk, Releases October 22, 2019
FOR IMMEDIATE RELEASE:
NJ Ayuk’s latest book, Billions at Play The Future of African Energy and Doing Deals. launches October 22, 2019 and is already an Amazon #1 Best-Seller in two categories: Oil and Energy, and African Politics. As Russian and China move in, and on the heels of Russian President Vladimir Putin’s Russia Energy Week, the US is poised to invest and support oil and energy in Africa. The clock is ticking, however, as other nations take advantage of a distracted US government and its skittish business investors. Ayuk is the Executive Chairman of the African Energy Chamber and his book is the roadmap for the US to participate.
As NJ explains in his powerful expose, Africa holds vast amounts of oil and energy opportunities, untapped and underutilized. African economies are undergoing a transformative period. The energy sector, in particular, holds great potential to revitalize African economies and empower the growth and development.
Billions at Play sets out to answer these questions below and more:
- Why must the US and Africa collaborate now?
- How much of an advantage does Russia and China have already?
- The trust issue—can the US and investors trust African leaders?
- What can African leaders do to put their countries on a sustainable, profitable path?
- How can all parties win in Africa’s energy deals of the coming decades?
- How does African oil and energy production impact the environment?
In a straightforward and clear approach, he outlines exactly what Africa will need to do to accomplish its energy goals and prosper, and win with the right US alignment.
Ayuk says, “Africa is rich in resources. By partnering with the U.S., we create cleaner, greener, cheaper energy sources, and create jobs, which has the potential to put those dollars back into the global economy, namely our partners in the US.”
Making the case for the petroleum industry having the power to support and transform emerging economies, he unpacks key issues including what and how Africa can learn from itself, the role of natural gas in Africa’s energy future, effective and sustainable investment strategies, strategic oil and gas revenue management and, the role of women in the African petroleum sector.
“Ayuk also address the very real problem of gas flaring in Nigeria,” says OPEC Secretary General Mohammad Sanusi Barkindo in his forward to the book,….“where natural gas could be harnessed to provide long-overdue access to reliable electricity for large segments of the population.”
Natural gas resources can make clean energy more accessible to people in rural communities across the continent for the first time. Oil production can drive economic growth in Juba, South Sudan; Kampala, Uganda; and countless other cities and towns throughout the African continent.
To some degree, it has already started.
One promising example is happening about an hour east of Lagos, Nigeria, where the construction site of a USD12 billion oil refinery and petrochemical plant has become a multicultural hub of sorts. More than 7,000 workers from Nigeria, India, and other countries are reporting to work daily, and construction is moving forward at a frenzied pace.
Billions at Play: The Future of African Energy and Doing Deals is now available for order on Amazon. Order your copy today. It has already reached #1 Amazon Best-Seller status in two categories. Order your copy today.
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Billions at Play: The Future of African Energy and Doing Deals
By NJ Ayuk
ISBN: 978-1913136345
Pages: 296
Hardcover Price: 29.99
About the Author:
A leading authority in the African energy sector and a strong advocate for African entrepreneurship and the indigenous energy sector, NJ Ayuk is recognized as one of the foremost figures in African business today. A well-known dealmaker in the petroleum and power sectors and founder of a leading energy focused law firm, NJ is dedicating his career to helping African entrepreneurs find success and to building the careers of emerging African talent.
As Executive Chairman of the African Energy Chamber and CEO of Centurion Law Group, NJ strives through his work to ensure that business, and especially oil and gas, impacts African societies in a positive way and drives local content development.
He is the author of Big Barrels: African Oil & Gas and the Quest for Prosperity and Billions at Play: The Future of African Energy and Doing Deals.
NJ graduated from the University of Maryland College Park and earned a Juris Doctor from William Mitchell College of Law and an MBA from the New York Institute of Technology.
