Contract transparency involves the public disclosure of contracts and agreements between governments and extractive companies. This practice aims to enhance accountability, reduce corruption, and ensure that citizens benefit from the country's natural resources. Globally, the EITI International Secretariat, sets standards and criteria for determination of EITI compliance by member countries. The EITI compliance is determined by a set of criteria and standards designed to promote transparency and accountability in the extractive sector
November 2024Status of Identified contracts for Disclosure as of September 2024:
# | Extractive Contract/License/Concession | Type of Contract/ License/Concession | Year of Signing | Resource | Active or Inactive | Extractive Sector | Contract |
---|---|---|---|---|---|---|---|
1 | Lotus (Africa) Limited, Kayelekera mine Karonga | Mining Development Agreement | 2024 | Uranium | Active | Mining | |
2 | Mkango Resources Limited, Songwe Hill Phalombe | Mining Development Agreement | 2024 | Rare Earths | Active | Mining | |
3 | Globe Metals and (Africa) Limited, Concession, 2023, Kanyika Mzimba/Kasungu | Mining Development Agreement | 2023 | Niobium | Active | Mining | Download |
4 | Raiply Ltd, Chikangawa, Mzimba | Concession Agreement | 2021 | Timbers/Logs | Active | Forestry | |
5 | Total Land Care, Mzimba | Concession Agreement | Timber/Logs | Active | Forestry | ||
6 | AKL Timbers | Concession Agreement | Timber/Logs | Active | Forestry | ||
7 | RAK Gas MB45 Limited (Block 5) | Production or Profit Sharing Agreement | 2014 | Hydrocarbons | Active | Oil and Gas | Download |
8 | RAK Gas MB45 Limited (Block 4) | Production or Profit Sharing Agreement | 2014 | Hydrocarbons | Active | Oil and Gas | Download |
9 | Pacific Oil Limited | Production or Profit Sharing Agreement | 2014 | Hydrocarbons | Active | Oil and Gas | |
10 | Nyala Mines Limited | Concession Agreement | 2008 | Corundum | Inactive | Mining | Download |
11 | Paladin (Africa) Limited | Concession Agreement | 2007 | Uranium | Inactive | Mining | Download |