Maputo, Mozambique, June 2, 2010—
IFC, a member of the World Bank Group, today increased its support to small
businesses surrounding the Oil, Gas and Mining sectors in Africa by
building linkages between clients and local small suppliers to build capacity,
develop local procurement and meet world-class standards to ensure
sustainability, increase competitiveness and growth.
IFC hosted the IFC Oil, Gas and Mining
Linkages Africa Roundtable on 2-4 June 2010 in Maputo for its Africa
region Oil, Gas and Mining Linkages clients, partners and team. About
50 representatives from the extractive industries, local small businesses
and officials attended this event.
The goal of this roundtable is to provide
an opportunity for participants to engage in open conversation with peers
and walk away with new ideas and solutions to enhance small businesses
and communities benefits from the OGM industries through shared experiences
on implementation of local supplier development programs, challenges and
opportunities for improvement and new tools developed by IFC to help firms
create local procurement policies and strategies.
The roundtable will also allow IFC team
to transfer expertise and know-how to their local partners to take over
the programs while ensuring their sustainability and monitoring the results
in the years to come.
In Africa, IFC, with the support of
donors including Japan, Norway and the Netherlands, has been implementing
‘business linkages’ programs that are increasing local procurement by
These programs have been implemented
in Chad, Ghana, Guinea, Mozambique, Nigeria, South Africa and Zambia as
well as other developing countries globally.
Clients in Africa include BHP Billiton,
ExxonMobil, First Quantum, GAC, Glencore, Lonmin, Mozal, Newmont, Nigerian
National Petroleum Corporations, Rio Tinto, and Sasol. Additionally,
SAB Miller/Cerveceria de Mozambique and Coca Cola have partnered with extractive
industries, Sasol and Mozal, in a cluster linkages program in Mozambique.
In Ghana, the IFC-Newmont team won in
April 2010 3 of 8 'Chartered Institute of Purchasing & Supply
Procurement Awards' including Best Procurement Community Award, Best Supplier
Diversity Project and Best Procurement Professional of the Year.
Babatunde Onitiri, IFC Country Manager
in Mozambique said “The roundtable brings together several years of IFC
experience and partnerships in linkages and local content projects. This
area is increasingly strategic and important as host government and communities
demand greater social and economic impact from extractive projects. The
roundtable aims to share experiences on how we can enhance the sustainability
and operational aspects of our business.”
IFC, a member of the World Bank Group,
creates opportunity for people to escape poverty and improve their lives.
We foster sustainable economic growth in developing countries by supporting
private sector development, mobilizing capital for private enterprise,
and providing advisory and risk mitigation services to businesses and governments.
Our new investments totaled $14.5 billion in fiscal 2009, helping channel
capital into developing countries during the financial crisis. For more
information, visit www.ifc.org.