Increasing Local Procurement By the Mining Industry in West Africa : Road-test version
Regional organizations and national governments are increasingly focusing on enhancing the benefits from mining sector investment. The Africa Union's African Mining Vision 2050 outlines a new resource-based industrialization and development st...
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| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120209005949 http://hdl.handle.net/10986/2724 |
| Summary: | Regional organizations and national
governments are increasingly focusing on enhancing the
benefits from mining sector investment. The Africa
Union's African Mining Vision 2050 outlines a new
resource-based industrialization and development strategy
for Africa, based on downstream, upstream, and side stream
linkages, and both Economic Community of West African States
(ECOWAS) and West African Economic Monetary Union (WAEMU)
have developed mineral development strategies. National
governments are also increasingly looking for ways to
maximize benefits derived from investment in mining. This
report aims to support efforts to maximize local procurement
by the mining sector by providing policy recommendations for
national governments and regional organizations. It also
aims to provide guidance to the private sector and civil
society on steps for increasing local procurement. The
report takes a regional approach, driven by the potential to
realize economies of scale and build on areas of
competitiveness across the West African region. This
document presents the outcomes of the World Bank project to
support local procurement by the mining sector in West
Africa. The project objectives were to (i) inform government
policy related to supporting increased local procurement by
the mining industry; and (ii) inform public
debate/facilitate knowledge exchange between all major
stakeholders, including regional organizations (ECOWAS and
WAEMU), mining companies, civil society, and other
supporting institutions (financial institutions, partners,
training institutes, etc.). This report is the result of
desk research, interviews, and analysis across West Africa,
in particular in Ghana, Guinea, Senegal, Mali, and Burkina
Faso; field research in Ghana, Guinea, and Senegal; research
into benchmark countries; and stakeholder consultation,
including three workshops held in Ghana and Guinea in
September 2011. It also draws on research into global best
practice. This focus on local procurement represents a shift
in policy approach: rather than concentrating on the
contribution by mining companies through taxes, governments
are increasingly exploring ways in which mines can become
more closely integrated with local economies. This report
provides guidance to policymakers for setting policies and
developing regulations to create a supporting framework for
increasing local procurement. |
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