The project is aligned with the Africa Mining Vision (AMV), which recognizes Artisanal and Small-Scale Mining (ASM) as an important sector for socio-economic development. The overall goal is to improve formalization, efficiency and environmental management practices in the ASM sub sector in the three selected countries(Guinea Bissau, Liberia and Sierra Leone). The objectives of the project align with the new vision and strategy of the Government of Guinea-Bissau for 2015-2025 christened Terra Ranka, meaning fresh start. Through this project, the Bank, will strengthen the institutional and human capacity of government regulatory agencies to among others facilitate formalization of ASM to generate employment and improve the economic status of several stakeholders – especially those along the ASM value chain. The project is based on three (3) components: (i) Formalization of the artisanal and small-scale mining sector to create jobs and contribute to the improvement of the socio-economic life of mining communities; (ii) capacity building of regulatory institutions to enforce mining laws and regulations and (iii) Project coordination and management. The project will be carried out from July 1, 2020 to June 30, 2022.

International

African Development Bank Group

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27.08.2020

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