PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604082

Primary Business Area

Infrastructure and Natural Resources

Disclosure Date

Dec 18, 2019

Country

Sierra Leone

Region

Africa

IFC Approval Date

Apr 25, 2019

Status

Completed

Estimated Total Budget

$2,000,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Oct 20, 2023

Project Estimated Start Date

Apr 15, 2019

Project Estimated End Date

Mar 31, 2022

Project Description

IFC will provide advisory services to assist Sierra Rutile in delivering inclusive development opportunities for local businesses and communities. IFC will provide advisory in the following areas: 1) Recommendations on policies, procedures, and strategies that guide Sierra Rutile's decision making in areas related to community investment, stakeholder engagement, local procurement; and 2) Implementation of community development programs with focus on supply chain linkages, agricultural development, improving local understanding of the mining industry and mining-generated revenue flows into communities, and inclusion of women and youth. Working with Sierra Rutile, as the country's leading mining company and largest private sector employer, offers the opportunity to influence the development of Sierra Leone's mining sector by demonstrating how responsible mining can bring tangible positive benefits to host communities.

Development Results

E&S Risks / Impacts and Mitigation