Extractives sector support in Sub-Saharan Africa

Overview

Australia’s extractives sector development assistance in Africa is delivered through a range of programs, including:

  • Australia Awards in extractives governance, including short-courses on local economic and social development; mineral and energy economics; and managing mine closures
  • technical assistance to African governments including through Australia’s support for the Africa Minerals Development Centre (AMDC).

Australia also supports regional initiatives that aim to improve the governance of the extractives sector across Africa, including through the Africa Mining Vision.

Program support

African Minerals Development Centre

$5 million, 2012-2017

Australia was the first donor to commit financial and technical support to the African Minerals Development Centre. This Centre is a joint initiative of the African Union, the United Nations Economic Commission for Africa, the African Development Bank and the United Nations Development Program. The Centre will provide a central strategic hub for implementing the Africa Mining Vision and will coordinate technical support to African Union member states who wish to better manage their extractive industries. The Centre focuses on the seven priority areas outlined in the Africa Mining Vision, which are:

  • policy and licensing
  • geology and mining information systems
  • governance and participation
  • artisanal and small scale mining
  • linkages, investment and diversification
  • building human and institutional capacities
  • communication and advocacy.

Global support for extractives governance

Australia supports a number of global initiatives that assist developing countries in Africa (and other regions) to improve governance of their natural resources. This includes support to three trust funds managed by the World Bank: the Extractives Global Programmatic Support (EGPS), Extractive Industries Transparency Initiative (EITI), the Extractive Industries Technical Assistance Fund (EI-TAF); and one managed by the International Monetary Fund, the Managing Natural Resources Wealth Topical Trust Fund.

As a major diamond producer, Australia is also active in the Kimberley Process Certification Scheme, a joint government, industry and civil society initiative to stem the flow of conflict diamonds. Australia also supports implementation of the Voluntary Principles on Security and Human Rights for extractives companies.

Related links

 

 

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Last Updated: 29 May 2017