Officials to deliberate a business plan to implement the African Mining Vision
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa.;
MetadataShow full item record
The African Mining Vision (AMV) was endorsed by Heads of State and Government in February 2009 with the aim of bringing equity and fairness to the mineral sector “so that these vital resources are used for Africa’s economic and social transformation.” “Africa’s mineral sector lacks any meaningful economic and social linkages to our national economies and the mining regimes remain narrowly focused on the export of strategic minerals to industrialized countries to earn valuable foreign exchange at the expense of our own development. In addition, the mineral development agreements signed with mining companies provide far greater benefits to them than to African governments and people,” said Karingi, Yet, said Karingi, “these agreements, as much as they harm our economies, remain mired in secrecy due to a lack of transparency in the manner we govern the mineral sector.” Furthermore, communities and other stakeholders, such as academic think tanks and CSOs, continue to be marginalized and excluded from decision making in the sector.