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Minerals and Africa’s Development: Minerals and Africa’s Development: The African Mining Vision (AMV) and the The African Mining Vision (AMV) and the ECOWAS Mineral Development Policy (EMDP) ECOWAS Mineral Development Policy (EMDP) ECOWAS Public Officials Workshop, Accra, 3- ECOWAS Public Officials Workshop, Accra, 3- 4 November 2014, Accra, Ghana 4 November 2014, Accra, Ghana By Valerio Bosco, Ph.D By Valerio Bosco, Ph.D Economic Affairs Officer Economic Affairs Officer AMDC - Governance Team AMDC - Governance Team
Transcript

Minerals and Africa’s Development: Minerals and Africa’s Development: The African Mining Vision (AMV) and the ECOWAS The African Mining Vision (AMV) and the ECOWAS

Mineral Development Policy (EMDP)Mineral Development Policy (EMDP)

ECOWAS Public Officials Workshop, Accra, 3-4 ECOWAS Public Officials Workshop, Accra, 3-4 November 2014, Accra, GhanaNovember 2014, Accra, Ghana

By Valerio Bosco, Ph.DBy Valerio Bosco, Ph.D

Economic Affairs OfficerEconomic Affairs Officer

AMDC - Governance TeamAMDC - Governance Team

Objectives of PresentationObjectives of Presentation

Present objectives, content and policy directions of the Present objectives, content and policy directions of the Africa Mining Vision (AMV) and the ECOWAS Mineral Africa Mining Vision (AMV) and the ECOWAS Mineral Development Policy (EMDP)Development Policy (EMDP)

Compare AMV and EMDP approach to the role of Compare AMV and EMDP approach to the role of mining in socio-economic developmental mining and key mining in socio-economic developmental mining and key policy areas;policy areas;

Explore strategies and progress in the domestication of Explore strategies and progress in the domestication of AMV and EMDP through Country Mining Visions.AMV and EMDP through Country Mining Visions.

IntroductionIntroduction

• The AMV and the EMDP bothThe AMV and the EMDP both• recognize the need for recognize the need for strategic shifts strategic shifts in the role of mining in in the role of mining in

the transformation of Africa’s economies.the transformation of Africa’s economies.

• aim at transforming the mining industry in ways that optimize the aim at transforming the mining industry in ways that optimize the contribution of the sector to overall economic development;contribution of the sector to overall economic development;

• seek to foster a coherent integration of mining sectors into local seek to foster a coherent integration of mining sectors into local economies to optimize mining benefits to local communities and economies to optimize mining benefits to local communities and economies.economies.

• The AMV stresses that developing a strong, capable and The AMV stresses that developing a strong, capable and robust African mineral resources sector requires an robust African mineral resources sector requires an astute understanding of Africa’s relative advantages in astute understanding of Africa’s relative advantages in the global mineral value chain.the global mineral value chain.

IntroductionIntroduction

• The EMDP acknowledges commitment to the AMV and The EMDP acknowledges commitment to the AMV and seeks to operationalize it at the sub-regional level, taking seeks to operationalize it at the sub-regional level, taking into account the specific context of the West African into account the specific context of the West African region.region.

• The implementation of the AMV and EMDP is expected The implementation of the AMV and EMDP is expected to take place at continental, regional and national levels - to take place at continental, regional and national levels - each level provides advocacy platforms for various each level provides advocacy platforms for various stakeholders. stakeholders.

• A coherent and coordinated strategy among all the A coherent and coordinated strategy among all the stakeholders is critical for optimum results from the stakeholders is critical for optimum results from the implementation processimplementation process

The African Mining Vision (AMV)The African Mining Vision (AMV)

Adopted in February 2009 by the African Union Assembly of Adopted in February 2009 by the African Union Assembly of Heads of State and Government as the Heads of State and Government as the key continental key continental framework framework to promote mineral resource-based development to promote mineral resource-based development and structural transformation on the continent. and structural transformation on the continent.

Seeks to foster Seeks to foster “a transparent, equitable and optimal “a transparent, equitable and optimal exploitation of mineral resources to underpin broad-exploitation of mineral resources to underpin broad-based sustainable growth and socio-economic based sustainable growth and socio-economic development.”development.”

AMV objectives:AMV objectives: i.i. developing a comprehensive knowledge of Africa’s mineral developing a comprehensive knowledge of Africa’s mineral

endowment; endowment;

ii.ii. promoting a sustainable and well governed mining sector promoting a sustainable and well governed mining sector that is inclusive and appreciated by all stakeholders including that is inclusive and appreciated by all stakeholders including surrounding communities.surrounding communities.

The African Mining VisionThe African Mining Vision Creating a mining sector that:Creating a mining sector that: i) harnesses the i) harnesses the potential of artisanal and small scale mining potential of artisanal and small scale mining to to

advance integrated and sustainable rural socio-economic advance integrated and sustainable rural socio-economic development ;development ;

ii) creating a ii) creating a sustainable and well-governed mining sector sustainable and well-governed mining sector that that effectively garners and deploys resource rentseffectively garners and deploys resource rents

iii) is knowledge driven and key component of a diversified, vibrant iii) is knowledge driven and key component of a diversified, vibrant and globally competitive industrializing African economy.and globally competitive industrializing African economy.

iii) iii) environmentally friendly, socially responsible environmentally friendly, socially responsible and and appreciated by all stakeholders and surrounding communities.appreciated by all stakeholders and surrounding communities.

iv) catalyses and contributes to broad-based growth and iv) catalyses and contributes to broad-based growth and development through development through upstream, downstream, side-stream and upstream, downstream, side-stream and infrastructure linkagesinfrastructure linkages; increases the level of ; increases the level of investment flows investment flows into mining and infrastructure projects to support broad socio-into mining and infrastructure projects to support broad socio-economic development.economic development.

AMV Principles/Tenets for DevelopmentAMV Principles/Tenets for Development

AMVAMV

Diversified competitive industry

Broad economic & social linkages

Transparentaccountable sector Optimized rents

Used on economic and social development

Good governance rooted in developmentCommunities & citizens participate in assets Equity in distribution of benefits

ASM improves rural livelihoods Integrated into rural &national economy

Environmental & social responsibility

Build human and institutional capacities Knowledge economy at all levels of mining value chain

Policy Directions from the AMVPolicy Directions from the AMV Proactive role of government in the mineral sector;Proactive role of government in the mineral sector;

Expanding role of linkages (backwards, side-stream and forward Expanding role of linkages (backwards, side-stream and forward linkages, knowledge, fiscal) of minerals in the local economy;linkages, knowledge, fiscal) of minerals in the local economy;

Optimizing fiscal policy regimes;Optimizing fiscal policy regimes;

Transforming artisanal and small scale mining (ASM) into a Transforming artisanal and small scale mining (ASM) into a development tool;development tool;

Creating transparent and accountable mineral regimes;Creating transparent and accountable mineral regimes;

Supporting regional integration and cooperation;Supporting regional integration and cooperation;

Upholding high standards of safety, health and environmental Upholding high standards of safety, health and environmental protection; integrating CSR into local and national socio-economic protection; integrating CSR into local and national socio-economic development plansdevelopment plans

AMV- Action PlanAMV- Action Plan An Action Plan was also approved by AU policy organs in An Action Plan was also approved by AU policy organs in

2011. It includes the following clusters:2011. It includes the following clusters:

i.i. mineral rents and management;mineral rents and management;ii.ii. geological and mining formation systems;geological and mining formation systems;iii.iii. human and institutional capacities;human and institutional capacities;iv.iv. artisanal and small scale mining;artisanal and small scale mining;v.v. mineral sector governance; mineral sector governance; vi.vi. research and development, research and development, vii.vii. environmental and social issue; environmental and social issue; viii.viii.linkages and diversification; andlinkages and diversification; andix.ix. mobilizing mining and infrastructure investment;mobilizing mining and infrastructure investment;

x) x) policy and regulatory frameworkspolicy and regulatory frameworks

The AMDC: Mission and ActivitiesThe AMDC: Mission and Activities

Formally Formally launched in December 2013;UNECA-AUC-launched in December 2013;UNECA-AUC-AfDB-UNDP as implementing partners.AfDB-UNDP as implementing partners.

Its Its missionmission: working with member States and their : working with member States and their national and regional organizations to enable mineral national and regional organizations to enable mineral resources play a greater transformative role in the resources play a greater transformative role in the development of the continent through increased development of the continent through increased economic and social linkages. economic and social linkages.

Facilitator of choiceFacilitator of choice to support AU member States in to support AU member States in implementing the African Mining Vision.implementing the African Mining Vision.

The AMDC: Mission and ActivitiesThe AMDC: Mission and Activities

Tracking and coordinating implementation of AMV;Tracking and coordinating implementation of AMV;

Identifying gaps and areas of need in MS and providing Identifying gaps and areas of need in MS and providing expertise to address such needs;expertise to address such needs;

Undertaking policy research to develop policy strategies Undertaking policy research to develop policy strategies and options for realizing the AMV;and options for realizing the AMV;

Providing think-tank capacity for embedding the AMV into Providing think-tank capacity for embedding the AMV into Africa’s long term development; Africa’s long term development;

Implementing continuous advocacy and information Implementing continuous advocacy and information campaign in order to engage stakeholders on AMV campaign in order to engage stakeholders on AMV implementation processes including CMVimplementation processes including CMV

AMDC results areaAMDC results area

1.1. Policy and Licensing;Policy and Licensing;

2.2. Geological and Information System;Geological and Information System;

3.3. Governance and participation;Governance and participation;

4.4. Artisanal and small-scale mining;Artisanal and small-scale mining;

5.5. Linkages and diversification;Linkages and diversification;

6.6. Human capacity and institutional capacities;Human capacity and institutional capacities;

7.7. Communication and AdvocacyCommunication and Advocacy

In each of those areas, AMDC carries out specific activities.In each of those areas, AMDC carries out specific activities.

ECOWAS Directive for Harmonizing of ECOWAS Directive for Harmonizing of Guiding PrinciplesGuiding Principles

Outlines eight (8) guiding principles for the mining sector, they include:Outlines eight (8) guiding principles for the mining sector, they include:

Mineral as State resourcesMineral as State resources (vesting of mineral resources in the (vesting of mineral resources in the State, acquiring mineral rights etc.)State, acquiring mineral rights etc.)

Protection of the environment (environmental protection obligations)Protection of the environment (environmental protection obligations) Protection of national interestProtection of national interest (Stability Agreements, Fiscal (Stability Agreements, Fiscal

framework etc.)framework etc.) Access to InformationAccess to Information (Duty to maintain records, transparency, (Duty to maintain records, transparency,

good governance, public access to information etc.)good governance, public access to information etc.) Human Rights obligationsHuman Rights obligations and mining activities (Human Rights and mining activities (Human Rights

obligations, sustainable development and local community interests obligations, sustainable development and local community interests etc.)etc.)

Dispute resolution Dispute resolution (complaints procedure, settlement procedures (complaints procedure, settlement procedures etc.)etc.)

Institutional and Implementation ArrangementsInstitutional and Implementation Arrangements (focus of (focus of Member States, The president of ECOWAS Commission etc.)Member States, The president of ECOWAS Commission etc.)

General and Final provisions (general provisions, publication, General and Final provisions (general provisions, publication, difficulties of implementation etc.)difficulties of implementation etc.)

Harmonize and coordinate policies and programmes Harmonize and coordinate policies and programmes relating to the exploitation of natural resourcesrelating to the exploitation of natural resources

Ensure high standards of accountability for mining Ensure high standards of accountability for mining companies and government agencies.companies and government agencies.

Promote human rights, transparency, and social equity and Promote human rights, transparency, and social equity and also provide protection for local communities and the also provide protection for local communities and the environment in mining areas.environment in mining areas.

Balance the need to provide incentives for investors and Balance the need to provide incentives for investors and protecting the revenue base and country resourcesprotecting the revenue base and country resources

Improve transparency in mineral policy formulation and Improve transparency in mineral policy formulation and implementation processes in mining within the sub region. implementation processes in mining within the sub region.

ECOWAS Directive for Harmonizing of Guiding Principles: Directions

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The ECOWAS Mineral Development PolicyThe ECOWAS Mineral Development Policy

ECOWAS Gazette of 2012 officially launched the EMDP developed as part ECOWAS Gazette of 2012 officially launched the EMDP developed as part of the implementation of the ECOWAS Directive on “Harmonization of of the implementation of the ECOWAS Directive on “Harmonization of Guiding principles and policies in the Mining Sector of 2009”Guiding principles and policies in the Mining Sector of 2009”

EMDP VisionEMDP Vision: : to harness mineral resources capital to facilitate sustainable to harness mineral resources capital to facilitate sustainable economic growth and integrated socio-economic development in the region economic growth and integrated socio-economic development in the region

Mission: Mission: to promote the development of an efficient mineral sector in West to promote the development of an efficient mineral sector in West AfricaAfrica

EMDP EMDP (i) complements the ECOWAS Vision(i) complements the ECOWAS Vision

(ii) Recognizes the AMV and commits to align to it(ii) Recognizes the AMV and commits to align to it

(iii) Recognizes and incorporates aspirations of the (iii) Recognizes and incorporates aspirations of the Yaoundé Declaration of on ASM (2002); Yaoundé Declaration of on ASM (2002);

(iv) Recognizes the Durban Declaration of 1997 and (iv) Recognizes the Durban Declaration of 1997 and

(v) Developed through a consultative process (v) Developed through a consultative process

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ECOWAS Mineral Development Policy - ObjectivesECOWAS Mineral Development Policy - Objectives

i.i. Improvement in geological and mineral information;Improvement in geological and mineral information;ii.ii. Optimization of the mineral value chainOptimization of the mineral value chainiii.iii. Regulation and development of ASMRegulation and development of ASMiv.iv. Harmonization of institutional, legislative and regulatory Harmonization of institutional, legislative and regulatory

frameworksframeworksv.v. Enhancement of environmental protectionEnhancement of environmental protectionvi.vi. Continuous enhancement of human and technological Continuous enhancement of human and technological

capacitycapacityvii.vii. Promotion of sustainable and integrated development of Promotion of sustainable and integrated development of

local communities, mainstreaming CSRlocal communities, mainstreaming CSRviii.viii. Promotion and respect of human rightsPromotion and respect of human rightsix.ix. Balance investor incentives with national development Balance investor incentives with national development

objectives - objectives - OVERALL THRUST GUIDED BY THE DIRECTIVEOVERALL THRUST GUIDED BY THE DIRECTIVE

i.i. Improvement of geological and mineral informationImprovement of geological and mineral informationii.ii. Improvement and management of mineral revenuesImprovement and management of mineral revenuesiii.iii. Local content policy of mineral operationsLocal content policy of mineral operationsiv.iv. Building institutional, human, technical and financial Building institutional, human, technical and financial

capacitiescapacitiesv.v. Improvement of the Institutional, legal and regulatory Improvement of the Institutional, legal and regulatory

frameworksframeworksvi.vi. Sustainable development and corporate social Sustainable development and corporate social

responsibilityresponsibilityvii.vii. Development of infrastructure for improved access to Development of infrastructure for improved access to

mineral sitesmineral sitesviii.viii. Development of Artisanal and Small Scale MinesDevelopment of Artisanal and Small Scale Minesix.ix. Strengthening regional cooperationStrengthening regional cooperation

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ECOWAS Mineral Development Policy: Themes ECOWAS Mineral Development Policy: Themes (Articles(Articles))

AMDC Result Areas/AMV Action Plan

EMDP Programmes

i. Geological and Mining Information Systems

ii. Building Human and Institutional Capacities

iii. Artisanal and Small Scale Mining

iv. Governance and Participation

v. Policy and Licensingvi. Linkages, Investment

and Diversification+

ADVOCACY AND COMMUNICATIONS

i. Geological and Mineral Information

ii. Mineral Revenues Management

iii. Local Content in Mineral Operations

iv. Building institutional, technical ,and financial capacity

v. Institutional, Legal and Regulatory Frameworks

vi. Sustainable Development and Corporate Social Responsibility

vii. Infrastructure Developmentviii.Artisanal and Small Scale

Miningix. Regional Cooperation

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AMDC Result Areas and EMDP: AlignmentAMDC Result Areas and EMDP: Alignment

AMDC Result Areas and EMDP: Alignment AMDC Result Areas and EMDP: Alignment (example)(example)

AMV Action Plan/AMDC Result Area

EMDP Programme

Result Area/Programme: Geological and Mining Information

Overall Objectives: Develop comprehensive knowledge of Africa’s mineral endowment to underpin investment in exploration and mine development

Overall Objectives: Improve geological and mineral information

Actions: strengthen capacity of Geological institutions, increase regional mapping, upgrade mineral inventories, strengthen African collaboration through Organisation of African Geological Surveys, continent-wide information exchange, standardize geological information management methods – cadastre, stratigraphy, legends, etc

Actions: budgetary support by member States to acquisition of geological information, information exchange, establish MDF, encourage local participation, technical support to Geological institutions, allocate resources for R&D

Some areas of AMV-EMDP alignmentSome areas of AMV-EMDP alignment

Role of Linkages, Role of Linkages,

Local Content and Value Addition;Local Content and Value Addition;

Fiscal Regimes and Taxation;Fiscal Regimes and Taxation;

Transparency and Accountability; and Transparency and Accountability; and

Regional Integration and Cooperation;Regional Integration and Cooperation;

Community developmentCommunity development

LINKAGES, LOCAL CONTENT AND VALUE LINKAGES, LOCAL CONTENT AND VALUE ADDITION: AMVADDITION: AMV

Expanding the role of linkages in the local and regional economy is Expanding the role of linkages in the local and regional economy is key to the implementation of the AMV - various forms of linkages - key to the implementation of the AMV - various forms of linkages - up-stream, down-stream, lateral, knowledge must be established in up-stream, down-stream, lateral, knowledge must be established in pursuant of the AMV.pursuant of the AMV.

National governments are required to promote the development of National governments are required to promote the development of industrial minerals and develop local content policy and identifying industrial minerals and develop local content policy and identifying and promoting viable beneficiation projects. and promoting viable beneficiation projects.

National governments are expected to pay attention to trade and National governments are expected to pay attention to trade and investment rules and treaties (such as WTO, EPAs, FTAs, BITs and investment rules and treaties (such as WTO, EPAs, FTAs, BITs and other related agreements) that could constrain efforts towards other related agreements) that could constrain efforts towards linkages, local content and value-addition. linkages, local content and value-addition.

LINKAGES, LOCAL CONTENT AND VALUE LINKAGES, LOCAL CONTENT AND VALUE ADDITION: ECOWAS DIRECTIVE AND EMDPADDITION: ECOWAS DIRECTIVE AND EMDP

In line with EMDP, Member States commit to; In line with EMDP, Member States commit to;

I.I. Promote the participation of national Promote the participation of national private sector and public-private sector and public-private partnerships in the Mineral Sectorprivate partnerships in the Mineral Sector; ;

II.II. Facilitate access to Facilitate access to funding for local participation in mineral funding for local participation in mineral projects projects in the Community; in the Community;

III.III. Promote the pooling of Promote the pooling of local investment funds local investment funds for access by local for access by local mineral operators.;mineral operators.;

IV.IV. Promote the development of Promote the development of national expertise national expertise and the and the participation of Community experts in the development of the participation of Community experts in the development of the mineral sector.mineral sector.

V.V. Promote the adoption of procurement policies by mineral operators Promote the adoption of procurement policies by mineral operators that give preference to that give preference to goods and services produced locally;goods and services produced locally;

VI.VI. Give preference to Community citizens who meet the skills Give preference to Community citizens who meet the skills requirements and professional standards in recruitmentrequirements and professional standards in recruitment

Fiscal Regimes or Taxation - AMVFiscal Regimes or Taxation - AMV

The AMV calls for review of fiscal regime leading to ‘enhanced The AMV calls for review of fiscal regime leading to ‘enhanced share of mineral revenue accruing to African mining countries’. It is share of mineral revenue accruing to African mining countries’. It is in this context that contracts are supposed to be renegotiated. in this context that contracts are supposed to be renegotiated.

One of the main concerns in this regard borders on various One of the main concerns in this regard borders on various leakages (transfer mis-pricing, cumbersome tax holidays and leakages (transfer mis-pricing, cumbersome tax holidays and exemptions).exemptions).

However the AMV maintains that fiscal regimes should ensure that However the AMV maintains that fiscal regimes should ensure that profitability of mines do not suffer in order not to discourage profitability of mines do not suffer in order not to discourage investment.investment.

The AMV also pays attention to revenue management, particularly The AMV also pays attention to revenue management, particularly through transparent and participatory manner to tackle major through transparent and participatory manner to tackle major challenges facing mining countrieschallenges facing mining countries

Fiscal Regimes and Taxation - EMDPFiscal Regimes and Taxation - EMDP

Adoption of the principle of resource rent taxes in the fiscal regimes of Adoption of the principle of resource rent taxes in the fiscal regimes of member States; member States;

Transparency in the approval (parliamentary approval) of mineral Transparency in the approval (parliamentary approval) of mineral agreements.agreements.

Mining Legislation must aim to optimize and protect revenues due and Mining Legislation must aim to optimize and protect revenues due and accruing to the State from mining activities.accruing to the State from mining activities.

The fiscal framework should addresses specific fiscal issues -The fiscal framework should addresses specific fiscal issues -exemptions to the payment of customs duties, payment of PAYE by all exemptions to the payment of customs duties, payment of PAYE by all employees of mining companies both local and foreign, taxation of employees of mining companies both local and foreign, taxation of remittances.remittances.

Fiscal systems should ensure fairness and cater for the interest of all Fiscal systems should ensure fairness and cater for the interest of all stakeholders – governments, investors and communitiesstakeholders – governments, investors and communities

Ensure transparency in mineral revenue collection and equitable Ensure transparency in mineral revenue collection and equitable distribution of revenues between local and national authorities distribution of revenues between local and national authorities

Transparency and Accountability :AMVTransparency and Accountability :AMV The AMV advocates for meaningful participation by all stakeholders The AMV advocates for meaningful participation by all stakeholders

– especially communities and CSOs. Respect for human rights is an – especially communities and CSOs. Respect for human rights is an integral component of transparency and accountability. To achieve integral component of transparency and accountability. To achieve this, the following activities must be implemented:this, the following activities must be implemented:

strengthen transparency and access to information;strengthen transparency and access to information;

improve public participation in governance systems;improve public participation in governance systems;

resource and build capacities of communities and legislatures to resource and build capacities of communities and legislatures to provide effectiveprovide effective

oversights and make informed decisions; andoversights and make informed decisions; and

empower human rights institutions to monitor and enforce empower human rights institutions to monitor and enforce human rights standards in the mining sector.human rights standards in the mining sector.

Transparency and Accountability: EMDPTransparency and Accountability: EMDP Mining right holders are to provide Mining right holders are to provide timely annual reports timely annual reports on its on its

mineral operations to the appropriate authority.mineral operations to the appropriate authority.

False, misleading, incomplete or knowingly misrepresenting False, misleading, incomplete or knowingly misrepresenting information to the public or State shall be penalized; Mining Rights information to the public or State shall be penalized; Mining Rights granted should be considered granted should be considered publicpublic and therefore documents and therefore documents made available to the public.made available to the public.

Member States are encouraged to sign up to the Member States are encouraged to sign up to the Extractive Extractive Industry Transparency Initiative (EITI)Industry Transparency Initiative (EITI). Member States are . Member States are required to conduct periodic audit and report on the activity of required to conduct periodic audit and report on the activity of mining companies and mining right holders are required to mining companies and mining right holders are required to cooperate with the competent entity or individual conducting such cooperate with the competent entity or individual conducting such audit.audit.

No data confidentiality No data confidentiality on issues which relate to environmental on issues which relate to environmental degradation, claimed degradation of human health, or worker safety.degradation, claimed degradation of human health, or worker safety.

Regional Integration and Cooperation: AMVRegional Integration and Cooperation: AMV

The implementation of the AMV involves Regional Economic The implementation of the AMV involves Regional Economic Communities (RECs)Communities (RECs)

The RECs are broadly required to ensure regional harmony in the The RECs are broadly required to ensure regional harmony in the implementation of the AMV and to ensure that existing processes implementation of the AMV and to ensure that existing processes towards integration and cooperation are enhanced towards integration and cooperation are enhanced

RECs coordinate certain activities including taking the lead in RECs coordinate certain activities including taking the lead in corridor development and the development of regional infrastructure corridor development and the development of regional infrastructure - foster regional integration, cooperation, sub-regional linkages and - foster regional integration, cooperation, sub-regional linkages and diversification. diversification.

Regional Integration and Cooperation: EMDPRegional Integration and Cooperation: EMDP

The alignment of EMDP to AMV ensures that policy The alignment of EMDP to AMV ensures that policy development in the sub-regional are in sync with development in the sub-regional are in sync with continental aspirations;continental aspirations;

Promote harmonization of mineral development codes Promote harmonization of mineral development codes and mineral actsand mineral acts

Develop; regional geological maps, trans-border mineral Develop; regional geological maps, trans-border mineral development regulatory frameworks, regional spatial development regulatory frameworks, regional spatial development corridorsdevelopment corridors

ConclusionsConclusions

Both AMV and EMDP underscore importance of the regional and sub-Both AMV and EMDP underscore importance of the regional and sub-regional dimension in promoting developmental mining; linkages, local regional dimension in promoting developmental mining; linkages, local content, value additional, optimal fiscal and taxation framework, geological content, value additional, optimal fiscal and taxation framework, geological information, promotion of ASM, optimum revenue management system, information, promotion of ASM, optimum revenue management system, community development,community development,

Coordinated CMV processes and mineral sector reform initiatives aimed at Coordinated CMV processes and mineral sector reform initiatives aimed at promoting AMV-EMDP alignment provide a crucial opportunity to foster promoting AMV-EMDP alignment provide a crucial opportunity to foster regional and sub-regional integration by regional and sub-regional integration by facilitating economic facilitating economic transformation and inclusive growth beyond the national dimensiontransformation and inclusive growth beyond the national dimension ..

The need to The need to exploit regional opportunities within national planning exploit regional opportunities within national planning mechanisms and policies for the extractive sector is underlined in mechanisms and policies for the extractive sector is underlined in the the recently developed Country Mining Vision Guidebook.recently developed Country Mining Vision Guidebook.

Timeframe for the domestication of AMV should be designed along with a Timeframe for the domestication of AMV should be designed along with a monitoring and evaluation framework ( ECOWAS approach could be monitoring and evaluation framework ( ECOWAS approach could be adopted).adopted).

Thank youThank you

for your attention!for your attention!


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