Promoting Transparency in Mining Development in Central African Countries
Central Africa is richly endowed with numerous mineral resources. With growing interest in Africa’s untapped natural resources, Central Africa’s considerable mineral deposits have caught the attention of international mining companies. However, due in particular to political instability and corruption, the region is far from realizing its potential. In terms of human development, it ranks among the poorest in the world. The political instability in the region owes much to weak governance of extractive resources. Greater transparency can lead to improved economic and social development by helping to mobilize the resources more effectively to improve the living standards of the people. The region has recognized the importance of transparency to promoting sustainable mining development, exemplified most recently by the hosting of an Extractive Industries Transparency Initiative seminar in Brazzaville (Republic of Congo), in which four Central African countries (Republic of Congo, Cameroun, Central African Republic and Democratic Republic of Congo) participated. The seminar was organized by the authors, who made a series of presentations and had series of formal and informal meetings with stakeholders regarding the obstacles impeding transparent mining development in the region. In this paper, the authors seek to relate their experiences and impressions gathered from the visit.
This abstract was jointly prepared by Chilenye Nwapi (Eyes High Postdoctoral Fellow, Canadian Institute of Resources Law) and Alan Ingelson (Executive Director, Canadian Institute of Resources Law).