Fred Kabanda is the Manager, Extractives at the African Natural Resources Management and Investment Centre of the African Development Bank where he oversees the work streams in oil, gas and mineral sectors.
He has worked for over 30 years in Policy setting, Regulation and Management of extractive sectors. He has also taught at University. He a trained Geologist and Engineer with membership affiliation to several professional bodies.
Many African countries have yet to maximise the true value of their mineral resources since gaining independence. This is related to issues such as weak governance, limited knowledge, limited assessment or control of their mineral resources or geodata to underpin negotiations, inadequate capacity, and unfair contracts. Poorly negotiated contracts often lead to poor outcomes for the environment, host communities, civil society, governments, investors, and lenders. Bad contracts and outcomes also hinder mining investment, and affect the supply of important minerals and the stability and security of the mining value chain. Nonetheless, because Africa hosts significant reserves of the minerals required for the energy transition mining, mining on the continent is expected to expand in the foreseeable future, boding well for the future – not least through contracts that are fairer to the owners of the mineral resources.
Wednesday 08 February 11:00 - 12:00 Main Stage
Main Stage
The panel will gather representatives from Africa, the European Union, financial institutions and the private sector. It will create a space for dialogue to identify practical ways of building mutually beneficial, sustainable partnerships together.
Panel 1 - EU-Africa partnerships for sustainable raw materials value chains: a win-win opportunity
Do the EU-Africa partnerships respond to the needs of the partner countries?
What can African countries do on their turn to secure a continuous flow of sustainable investment?
Wednesday 08 February 14:00 - 15:00 Level 1 Stage
Special Content
Level 1 Stage Europe/London