Opening statement of Mrs. Fatima Haram Acyl, Commissioner for Trade and Industry of the African Union Commission on the occasion of the 3rd Ordinary Session of the Conference of Ministers responsible for mineral resources development

Abstract

This opening statement delivered by Mrs. Fatima Haram Acyl, Commissioner for Trade and Industry of The African Union Commission on the occasion of The 3rd Ordinary Session of the Conference of Ministers Responsible for Mineral Resources Development. Mrs. Acyl, on here remarks highlighted that, The Conference is critical for the future of our continent. Its theme “Leveraging the Africa Mining Vision for Africa’s Renaissance: Towards broader ownership, has been carefully selected in order to align with the spirit of the theme of the 50th Anniversary of the OAU/AU on Pan Africanism and African Renaissance. The pressing issue is now effective implementation, hence the recommendation for the establishment of the African Minerals Development Centre(AMDC). some Governments are learning from others’ experiences, creating state-owned mining companies that can enter into joint ventures with private companies in order to profit directly from their resources. Others are publishing contract details online thus increasing transparency and limiting corruption at all levels. the United Nations Economic Commission for Africa, the African Development Bank, and all our partners and stakeholders who are supporting the African Union to push forward the mineral resources agenda and the AMDC.