Cameroon World Bank Involvement

Cameroon World Bank Involvement
Total project cost US$30 million
The objective of the Mining Sector Capacity Building Project for Cameroon is to improve (i) the efficiency and transparency of mining sector management; and (ii) the frameworks for sustainable mining development. There are three components to the project, the first component being access to mineral resources and governance of mining operations. This component will address existing constraints to proper management of up-stream functions of the EI value-chain, focusing particularly on access to resources (EI value chain link1), monitoring of mining operations (link 2) and transparency and accountability mechanisms (mainly referring to link 3). The second component is the integration of mining into local and regional development. This component will contribute to improve the integration of current exploration and future exploitation activities into local and regional development (link 5). The third component is the Management and monitoring and evaluation (M&E). this component will support project coordination and management of procurement, financial management, and disbursement as well as monitoring and evaluation of project implementation.

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