Under the project, various activities will be undertaken aimed at improving the production, marketing and financing practices of African oil, gas and mines (natural resources) exporters, refiners and importers, using modern tools such as Information and Communication Technology. The ultimate goal of these improvements is to optimize the management of the natural resource sector.
In addition to policy advice, capacity building will be an important activity under the project; among other things, awareness-raising and skill development activities will be organized for actors in the value chain of the African natural resources sector. Modalities include the organization of training events for professionals and entrepreneurs in the sector and the development of tools aimed at boosting the capacity of these actors to be better equipped to develop their natural resources sector in a sustainable manner; the organization of the annual African oil, gas and mines trade and finance conference; the undertaking of advisory missions; the publication of reports and training materials (backed by appropriate research); the development of close working relations with academia and research institutions.
2. INT/9X/42Z - Collection and dissemination of iron ore statistics
Published and disseminated tri-annually, the reports contain timely information on the Iron Ore markets and market trends, production, exports and imports, and on other related subjects.
3. INT/0T4/CM - Partnership on sustainable economic development and mining
The partnership disseminates information and facilitates for a for exchange of views among interested parties on development experiences, pilot projects, best practices and public- and private sector policies in order to enhance the economic gains of mining in natural resources-endowed developing countries.
The Memorandum of Agreement with the International Council on Mining and Metals provides further details on the first phase, which will consist of the following activities: support the preparation of a common analytical framework to allow for development effectiveness comparisons between mining projects; apply this methodology to at least one project case study; and participate in liaison, communication and networking activities.