Grants and Contributions:
Title:
Enhancing Extractive Sector Benefit Sharing
Agreement Number:
5007062364 P000715001
Agreement Value:
$19,700,000.00
Agreement Date:
Mar 24, 2016 - Jun 30, 2023
Description:
This project aims to improve the social and economic benefits for communities, including the poorest and most vulnerable, hosting natural resources development projects in Ghana, Guinea, Kenya and Côte d’Ivoire. It contributes to the creation of jobs, generation of revenues for local businesses, and long-term economic development in these communities. Project activities include: (1) mapping and creating a database of local suppliers, including women-owned companies; (2) assessing potential economic development initiatives linked to industry presence, especially ones that would benefit women and youth; (3) delivering training to community members allowing them to actively participate in the design and monitoring of these initiatives; and (4) delivering training to local businesses on business management, health and safety and environment standards, gender equality and harassment.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes for this project include: (1) increased participation by local businesses, particularly female- and youth-led, in the supply chains of natural resources development activities; (2) increased economic opportunities for businesses, particularly female- and youth-led, in communities hosting natural resources development projects; and (3) improved support for long-term economic development in these communities.
Location:
Washington, US
Reference Number:
GC-2016-Q4-0080
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:
The end date is changed to 2023-06-30
Amendment Date
Nov 18, 2021
Recipient's Legal Name:
IFC - International Finance Corporation
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: