Project Info
Project Code
1415AA
Tranche
T09
Tranche Type
Regular
Status
Closed
Title
Strengthening the capacity of African governments to negotiate transparent, equitable and sustainable contracts in extractive industries (EI) for broad-based sustainable growth and socio-economic development.
Entities
Implementing Entity (Lead)
ECA
Collaborating DA Entities
ECLAC
ESCAP
UNCTAD
Financial and Evaluation Info
Total Budget
$635,000.00
Project Selected for Evaluation
No
Countries and Regions
Countries or Areas:
Chad, Congo (the), Equatorial Guinea, Malawi, Niger (the)
Regions:
Africa
Sub-Regions:
Intermediate Regions:
Countries in Special Situations:
Land Locked Developing Countries (LLDC), Least Developed Countries (LDC)
Areas of Work
MDG
1
8
Thematic Clusters
Macroeconomics and Finance
International Trade
Brief Description
This project intends to strengthen the capacity of selected African countries to negotiate and implement equitable and robust contracts in the extractive sector, as well as monitor the implementation of these contracts. Since African countries have a large share of their economies dependent on revenues from natural resources export, the need to improve capacity for contract negotiation in extractive industries has become more relevant and crucial for long-term growth and transformation of the continent. The project will build on ECA's training courses on mineral policy and contract negotiations; and similar initiatives established by the African Development Bank and other institutions. The key activities will include organizing an inter-regional consultation of experts to agree on the tenets that should inform UNCTAD, ECLAC and ESCAP interventions in the EI and the framework for collaboration; developing a database of contracts from Africa and beyond; developing templates, guidelines, and toolkits for contract negotiations in EI; organizing capacity building activities for relevant public officials to improve their capacity to negotiate contracts in the EI; developing platforms to disseminate and popularize the templates, guidelines and toolkits, as well as promote knowledge and experience sharing on contract negotiations in the extractive sector; publishing a compendium of good and bad practices on contract negotiations; organizing capacity building activities for relevant public officials and other stakeholders to strengthen their capacity in monitoring the implementation of contracts; and developing platforms to promote knowledge and experience sharing on contract monitoring in the extractive sector.
Objective and Expected Outcomes
Objective
To strengthen the capacity of selected African countries to negotiate, implement and monitor equitable and robust contracts in the extractive sector
Expected Outcome 1
Increased capacity of governments in selected countries to negotiate equitable and sustainable extractive industry contracts
Expected Outcome 2
Strengthened capacities of African Governments and civil society to monitor the implementation of contracts and ensure their adherence to regulatory frameworks