Addis Ababa, 26 January 2017 (ECA) – The Africa Mining Vision (AMV) Compact will be featured as a special information session during the Mining Indaba, the world’s largest mining industry conference in Cape Town, South Africa on 8 February 2017.
The Africa Mining Vision (AMV), which was adopted by the member states advocates for transparent, equitable and optimal exploitation of mineral resources to underpin broad-based sustainable growth and socio-economic development. With that as a forefront of AMV-related activities, the Compact works to promote buy-in and participation by the private sector and other key stakeholders in Africa, at both regional and country levels. It is also based on principles that are aligned with corporate core values, policies, strategic plans and mission statements of companies in the extractive sector.
African Union Commission Trade and Industry Commissioner, Fatima Haram-Acyl, sees the AMV Compact as a tool for sustained dialogue and mutual understanding between public and private sectors.
“The transformation intended by the Africa Mining Vision required the involvement of all players in the sector and the compact is an important – and exciting – step towards even greater collaboration and co-ordination between African governments and private industry in achieving development,” says Ms. Haram-Acyl.
The special information session, “Leveraging the AMV Compact in Reaching Consensus for Shared Value and Shared Benefits,” aims to provide a platform for mutual dialogue between governments and private sector, in order to:
- Come up with strategies for promoting win-win solutions through shared value and shared benefits;
- Identify short and long term strategies to manage mining-related economic crises; and
- Recommend ways to institutionalize the AMV Compact.
The speakers of the panel are renown leaders in the mining sector on the continent, including ministers of mines of member States, as well as representatives from chambers of mines.
The event is scheduled from 09:00 to 11:00 am at the Roof Terrace of the Cape Town International Conference Centre on 8 February 2017.
For more information, please contact:
Daisy Leoncio: leoncio@un.org
Communications Officer
African Minerals Development Centre
United Nations Economic Commission for Africa
Addis Ababa, Ethiopia
Issued by:
Communications Section
Economic Commission for Africa
PO Box 3001
Addis Ababa
Ethiopia
Tel: +251 11 551 5826
E-mail: ecainfo@uneca.org