AME Trade Ltd and authorities at the Ministry of Mines and Energy (MME), have entered into a ‘Service Agreement.’
The Agreement came as Liberia prepares to host the first national conference on the mining and energy sectors. The Agreement, among other things, seeks to ensure that AME Trade Ltd, collaborates with MME in organizing a high-level international Mining and Energy Conference and Exhibition. The event aims to promote Liberia’s natural resource potential, attract investment, and showcase opportunities in the mining and energy sectors.
The Minister of Mines and Energy, R. Matenokay Tingban, signed on behalf of the ministry, while AME Trade Ltd Chief Executive Officer, Mahad Ahmed, signed for his entity.
According to a release, contained in the ‘Service Agreement’ include the planning, promotion, and execution of the impending National Mining and Energy Conference and Exhibition.
The Liberia Chamber of Mines (LCM), one of the prominent organizations in mineral sector governance, is also involved in the event, providing local sector insights and stakeholder recommendations. According to the Agreement, AME Trade Limited will plan, market, finance and execute the events. The organization will also develop sponsorship packages, exhibition packages, and delegate sales strategies, design and manage the event website, registration platform, and publicity campaigns. The partner firm [AME Trade Ltd.], will also secure sponsors, exhibitors, speakers, and delegates locally and internationally The Ministry of Mines and Energy for, will provide official endorsement and governmental backing for the event. It will issue letters of support and invitations where necessary, and also coordinate participation of public sector institutions, and state agencies and assist in mobilizing international delegations, development partners, and investors. The National Mining and Energy Conference, is expected to bring together industry stakeholders, investors, and policymakers to discuss the future of Liberia’s mining and energy sectors to appropriately position it for optimal productivity. “AME Trade Limited will bear the full financial cost (s) of the event, while MME will have no liability or obligation of any kind in terms of any losses experienced,” the release said.
The Liberia Chamber of Mines will receive 20 percent of the net profit from the event, which will be paid within 30 days.
The Agreement is a significant step to promote the mining and energy sectors, and both parties are committed to make the event a success.