Published
28 Nov 2023
Endeavour Mining and Ecobank have joined forces to champion local content initiatives in West Africa.
This strategic partnership between two leading companies in West Africa aims to foster local content, financial inclusion, and job creation in the region.
The collaboration will pursue three main objectives:
- Facilitating Financial Access: Ecobank will establish a dedicated fund to promote financial access for eligible local suppliers of Endeavour Mining.
- Enhancing Operational Capacity: Providing training to local partner companies of Endeavour Mining to strengthen their operational capacities and align them with international standards.
- Fostering Socio-Economic Impact: Encouraging the establishment of high socio-economic impact businesses within the communities of Endeavour Mining's host countries.
This initiative addresses both economic and social requirements. It will not only enable local suppliers to be more competitive and create local jobs but also foster resilience within our host communities.
Djaria Traoré
Executive Vice President of Supply Chain and ESG at Endeavour Mining
Endeavour Mining remains committed to advancing its pioneering local content strategy. With a current engagement of nearly 1,200 local suppliers in Côte d'Ivoire, Senegal, and Burkina Faso, the Group has already made substantial progress. In 2022, a significant 81% of Endeavour Mining's procurement was sourced from local suppliers, injecting nearly $1.1 billion into the local economies of its host countries.