Rabat, Morocco, 4–6 June 2024
The Minerals Africa Development Institution (MADI) is proud to announce its participation in the AfricaMaVal Consortium Meeting, scheduled from June 4th to June 6th, 2024, in Rabat, Morocco. The AfricaMaVal project focuses on building EU-Africa partnerships on sustainable raw materials value chains.
Dr. Frank Dixon Mugyenyi, Executive Director of MADI, represented MADI at this key meeting and delivered a comprehensive presentation on the institution’s significant contributions and strategic vision for Work Package 5. This work package aims to build an EU and Africa business network with upstream and downstream companies, steering the development of strategic partnerships and business models for EU-Africa industrial value chains integration.
During his presentation, Dr. Mugyenyi highlighted the following objectives of Work Package 5:
1. Networking and Integration:
– Establishing connections along the minerals value chains in both the EU and Africa, encompassing upstream and downstream companies.
– Fostering strategic partnerships and business models that support the integration of EU and African industrial value chains.
2. Stakeholder Connection:
– Engaging diverse stakeholders, including final users, to strengthen local governance and responsible business environments.
– Collaborating with esteemed institutions and development partners such as EITI, OECD, UNDP, WB, and Germany’s GIZ, with a particular focus on supporting the informal sector and fostering local content development.
3. Business Model Development:
– Creating innovative business models for integrating the EU and Africa raw materials value chains, emphasizing both horizontal and vertical integration through B2B connections.
Dr. Mugyenyi emphasized the role of the AfricaMaVal Platform in providing a multifaceted opportunity for stakeholders along the raw materials value chains. The platform aims to be a knowledge-sharing hub, a marketplace for services and equipment providers, and a venue for connecting project promoters with off-takers and funding parties. Additionally, it serves as a gateway for the EU to receive applications for Strategic Projects and for AfricaMaVal to receive projects for review and inclusion in the list of “100 investment opportunities.”
The AfricaMaVal Consortium Meeting fosters an environment conducive to knowledge exchange, strategic networking, and collaborative engagements. It aims to enhance sustainable development and strengthen the raw materials value chains between Europe and Africa, contributing to a more resilient and interconnected global economy.