Approval Date | 28 Aug 2020 |
Signature Date | 27 Nov 2020 |
Planned Completion Date | 31 Dec 2023 |
Last Disbursement Planned Date | 31 Dec 2023 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Industry, Minning & Quarrying |
DAC Sector Code | 32110 |
Environmental Category | 3 |
Commitment | U.A 500,000 |
Status | Implementation |
The project is aligned with the Africa Mining Vision (AMV), which recognizes Artisanal and Small-Scale Mining (ASM) as an important sector for socio-economic development. The overall goal is to improve formalization, efficiency and environmental management practices in the ASM sub sector in the three selected countries(Guinea Bissau, Liberia and Sierra Leone). The project objectives are clearly aligned with the Artisanal Mining Policy of Sierra Leone (2018) which sets out a clear framework for guiding actions leading to the improvement of artisanal mining sector governance and management, improve sustainable artisanal mining practices, enhance environmental protection, community and occupational health and safety safeguards, ensure that miners get a fair deal for their winnings; and strengthen linkages between artisanal mining and other sectors of the economy. Furthermore, the current African Development Bank’s Country Diagnostic Note (CDN, 2019) for Sierra Leone also highlighted the minerals and mining sector as a priority area of Government. Through this project, the Bank, will strengthen the institutional and human capacity of government regulatory agencies to among others facilitate formalization of ASM to generate employment and improve the economic status of several stakeholders – especially those along the ASM value chain. The project is based on three (3) components: (i) Formalization of the artisanal and small-scale mining sector to create jobs and contribute to the improvement of the socio-economic life of mining communities; (ii) capacity building of regulatory institutions to enforce mining laws and regulations and (iii) Project coordination and management. The project will be carried out from July 1, 2020 to June 30, 2022.
The overall objective of the project is to improve formalization, efficiency, profitability and environmental management practices in the ASM sub sector in the selected countries. Specifically, the project aims at the following: (i) Building capacity of the extractive sector regulatory agencies, especially the Ministry responsible for Mines, to provide the needed support services to ASMs; (ii) Implement capacity building programmes for ASMs to improve safety, health and environmental aspects of their operations; (iii) Improve efficiency and sustainability of their operations through technical support by regulatory agencies.
The Key Project beneficiaries are the Sierra Leone Ministry of Mines and Mineral Resources, artisanal and small scale miners, and mining industry associations; The people of Sierra Leone through enhanced employment and wealth-creation opportunities. The project is expected to have a positive impact on the livelihoods of more than 10,000 people directly involved in the artisanal and small-scale mining sub sector in the beneficiary countries. These group of miners will receive direct training. The project will also directly train more than 500 mining regulatory officials in the selected countries. These officers are expected to provide extension services to over 200,000 ASMs in the beneficiary countries. Furthermore, business activities in these mining communities will flourish due to the enhanced purchasing power of the ASMs. Overall, the project is expected to trigger wealth creation opportunities and decent employment.
Implementing
Ministry of Mineral Resources
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Funding
Transition Support Facility
|
IATI identifier | 46002-P-Z1-B00-019 |
Last Update | 21 Mar 2023 |
Name | Mary Nguanya FODAY |
m.foday@afdb.org |