Liberia - Enhancing Efficiency and Sustainability of Artisanal and Small-Scale Mining (ASM) through Climate Smart Actions (AFDB-P-Z1-B00-018)

  • Guinea-Bissau
  • Liberia
  • Sierra Leone
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 28, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD)
$ 0.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Mar 1, 2021

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Project Description

According to the bank website, The project is aligned with the Africa Mining Vision (AMV)5 which recognises Artisanal and Small Scale Mining (ASM) as an important sector for socio-economic development. The AMV articulates the need to formalize ASM and upscale programmes to upgrade knowledge, skills and technology in the ASM sector; mainstream ASM into poverty reduction strategies; ensure gender equality; eliminate child labour; stimulate partnership with government and large-scale mining to facilitate access to technology, skills, knowledge and markets; and strengthen ASM associations.

The key expected project impact and outcomes are: (i) ASM related data available for natural resource policy development; (ii) Improved regulation of the ASM sector; (iii) Strengthened institutional capacity to manage the ASM sub sector; (iv) Enhanced capacity of ASMs for efficient and sustainable mining and processing practices; (v) ASMs integrated into the formal economy in targeted areas; (vi) Improved health, safety & security issues in ASM and (vii) reduction in environmental degradation, especially deforestation, pollution and siltation of water courses and mercury emissions from mining operations.


Investment Description

Contact Information



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