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The Francophone Africa team of the International Secretariat is facilitating an EITI workshop on Domestic Resource Mobilisation (DRM) for the region on 30 May 2022.
This workshop will respond to the strong demand for understanding of this theme, facilitate the exchange of ideas and good practices between the countries of the region and allow a useful contribution from EITI implementation on this important subject.
Indeed, DRM means maximizing the revenue of a country, and the EITI can play a key role in this by covering many aspects of the extractive sector value chain.
With this in mind, the workshop will aim to share ideas on how each of the following EITI themes can contribute to maximizing the revenue of a country:
- Financial modeling of extractive revenues, past and forecast
- Commodity sales, Cost control and Transfer pricing
- Contract analysis
- Artisanal and Small-scale Mining
- Impact of the energy transition on market developments and revenues
- Reduce opportunities for corruption-related losses
- Any other key DRM topics raised by the region during the workshop
DRM is critical for supporting national development and public expenditure priorities, especially under conditions of economic crisis and commodity price volatility.
DRM is also one of the 6 priorities defined by the EITI Board and is a major preoccupation in the francophone Africa region.
The first expected outcome of this workshop is for stakeholders to get a better understanding of the possibilities to include DRM in the EITI process.
The second expected outcome is to provide stakeholders for concrete project ideas to table at their MSG meetings and to implement in their current work plan and EITI reporting.
Finally, the third objective is to give the means to the francophone Africa region to advance one of the 6 EITI shifts in view of the Global EITI Conference in 2023.