|By Marketwired .||
|February 3, 2014 12:13 PM EST||
CAPE TOWN, SOUTH AFRICA -- (Marketwired) -- 02/03/14 -- Foreign Affairs, Trade and Development Canada
The Honourable Christian Paradis, Minister of International Development and Minister for La Francophonie, today concluded a successful visit to South Africa. During his trip, Minister Paradis announced Canada's support for a number of new projects that will help Mozambique and Tanzania better manage their natural resources to ensure they are the source of long-term sustainable benefits to their people.
"Sustainable, private-sector-led economic growth and poverty reduction are two sides of the same coin. That is why Canada is supporting African governments as they look to manage their extractive sector more transparently and responsibly," said Minister Paradis. "We are ensuring communities draw the greatest benefit from the development of their natural resources to create prosperity and growth across the African continent."
In South Africa, Minister Paradis met with African ministers, Canadian mining industry representatives, and South African government officials. He also took part in an event where the African Minerals Development Centre (AMDC) and the Canadian International Institute for Extractive Industries and Development (CIIEID) discussed ways of achieving effective cooperation.
In addition, Minister Paradis delivered opening remarks at a Canadian-hosted breakfast discussion forum entitled "Investing in Mining in Africa: Transformation, Challenges and Opportunities". Minister Paradis also attended a session that looked at strategies to fast-track the implementation of the African Union's Africa Mining Vision. In his remarks, he spoke to the importance of engaging the private sector in efforts to broaden the benefits derived from the extractive sector.
-- On January 29, 2014, Parliamentary Secretary Deepak Obhrai announced Canadian support for the African Union Commission to bolster their capacity to advance African development progress. -- Recognizing that the extractive sector can be an important driver of sustainable economic growth and poverty reduction, Canada has supported the Extractive Industries Transparency Initiative, the creation of the Canadian International Institute for Extractive Industries and Development, and has announced $15.3 million in funding to the African Minerals Development Centre. -- During his trip to South Africa, Minister Paradis announced Canada's support to the following projects: -- Extractives Cooperation for Enhanced Economic Development (EXCEED), a new DFATD funding mechanism to support large-scale development projects in the extractive sector in Africa -- Energy Sector Capacity Building Project in Tanzania (partner: World Bank) -- Skills Training for Employment in Mozambique (partner: Association of Canadian Community Colleges) -- Support to the Mozambican Ministry of Mineral Resources to Develop a Corporate Social Responsibility Policy in Mozambique (partner: Government of Mozambique)
New Canadian Initiatives in Africa
-- Energy Sector Capacity Building Project in Tanzania ($15.5 million over five years)
This project, implemented in collaboration with the World Bank, aims to strengthen the capacity of the Government of Tanzania to develop its nascent natural gas sector and to develop public-private partnerships for power generation. It will help to improve power supply as well as stimulate economic growth and enable socio-economic development.
-- Skills Training for Employment in Mozambique ($18.5 million over six years)
This initiative, implemented by the Association of Canadian Community Colleges (ACCC), will help create Centres of Excellence dedicated to skills training in the provinces of Tete (rich in coal) and Cabo Delgado (rich in gas). This project will help as many as 4,000 qualified Mozambicans (men and women) enter the workforce and obtain good jobs in the mining and extractive-related industry.
-- Support to the Mozambican Ministry of Mineral Resources to Develop a CSR Policy ($200,000 over one year)
This project, implemented by the Mozambican Ministry of Mineral Resources, supports the development of a national policy on Corporate Social Responsibility (CSR) for the mining, oil and gas sectors. Mozambique has a growing extractive sector, which represents an important source of revenue and employment creation expected to drive sustainable economic growth and poverty reduction.
-- Extractives Cooperation for Enhanced Economic Development (EXCEED)
This Program will support new and innovative multi-country projects in the extractive sector in Africa. Investments will include technical assistance initiatives, multi-country projects, and strategic partnership arrangements with leading international and Canadian institutions, leveraging Canada's expertise to assist in building the capacity of African countries to maximize the benefits of their own resource wealth. EXCEED will support projects through an initial total budget of up to $25 million per year.
The EXCEED Program is a new funding mechanism to expand Canada's involvement in areas of high development impact in the extractive sector in Africa. It will support large-scale projects that complement the services offered by key institutions funded by Canada. These institutions include the Canadian International Institute for Extractive Industries and Development, managed by a consortium of Canadian universities, which will mobilize Canadian and international expertise and practical experience in strengthening extractive resource governance, and the African Minerals Development Centre, an African-owned initiative designed to support implementation of the African Union's Africa Mining Vision.
For more information on Canadian initiatives in Africa, please visit the DFATD website.
Director of Communications
Office of the Minister of International Development
and Minister for La Francophonie
Media Relations Office
Foreign Affairs, Trade and Development Canada
Follow us on Twitter: @DFATD_Dev
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