The document summarizes an IT project between SAP, the Ghanaian government, and GIZ to implement an SAP solution for Ghana's Extractive Industries Transparency Initiative (EITI). The solution addresses challenges like delayed reporting by different entities in the extractive sectors. It allows real-time reporting and reconciliation of payments between government, industries, and districts. The partnership aims to improve transparency and governance in Ghana's oil, gas and mining industries through a customized business intelligence and financial reporting tool.
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Ghana Extractive Industries Transparency Initiative: SAP Solution for Ghana
1. Ghana Extractive Industries Transparency Initiative: SAP Solution for Ghana Steve Williams, Director, Corporate Social Responsibility, SAPMay 17, 2011
2. Resource curse The resource curse (Paradox of Plenty) refers to the paradox that countries and regions with an abundance of natural resources, specifically point-source non-renewable resources like minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer natural resources. From Wikipedia, the free encyclopedia
3. The joint IT project for EITI implementation Challenges: Bringing in the oil & gas sector Closing the gap in reporting The IT solution: Addresses the challenge of delayed reporting Is a development partnership between: The Ministry of Finance on behalf of GHEITI, SAP AG GIZ operating on behalf of the German Federal Ministry for Economic Development and Cooperation (BMZ) The partnership adds a technical solution and specific managerial skills to the EITI process.
5. Benefits achieved From paper to real time web communication Content is checked and approved before data are made available to the Office of the Ghana EITI aggregator.
15. This project presents a unique opportunity to engage within our Corporate Social Responsibility efforts not only with a financial contribution, but also with skills and technology, and as such help the EITI process and the country of Ghana to run better.