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Local procurement refers to the purchase of goods and services from local businesses. Typically, this occurs in emerging markets and in developed markets where local communities have expectations about participating in new opportunities.  Also known as business linkages, local supplier development, local content or local sourcing, local procurement is increasingly favored as a strategic business tool by international companies

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Donor Committee for Enterprise Development (DCED)

Many agencies are working to build a vibrant private sector, and to partner with business for development goals. But donor coordination is only possible if agencies share a 'world view' on how to do this most effectively; the Donor Committee for Enterprise Development (DCED) exists to build that agreement.

Local Economic Development Network of Africa
This knowledge hub aims to share as many resources on local economic development (LED) as possible - those that are free and in the public domain.
Centre for Social Responsibility in Mining (CSRM)

The Centre for Social Responsibility in Mining (CSRM) was established by the University of Queensland in 2001 in response to growing interest in and debate about the role of the mining and minerals industry in contemporary society.  CSRM’s focus is the socio-economic and political challenges that confront companies, communities and governments when change is brought about by resource extraction.

Grassroots Business Fund
The Grassroots Business Fund creates bottom-line solutions to poverty by helping grassroots organizations become catalysts for economic growth and social change.
The Foundation for Development Cooperation

The Foundation for Development Cooperation is an independent, not-for-profit international development organisation. Through partnerships and alliances, FDC undertakes a range of initiatives which seek to improve the lives of poor people in developing countries, foster innovative approaches to development, and connect policy work to self-help efforts at the grass roots level.

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IFC Celebrates Success of South African Mining Community Program
3 Aug 2010

IFC’s joint investment and advisory services program helped South Africa’s Lonmin Platinum train and develop SMEs in the local supply chain and improve its relationship with local communities.


Kampala calls for Local Content
5 May 2010
A proposed law to manage Uganda's burgeoning oil industry will require companies to give priority to Ugandan suppliers and personnel when seeking contractors and employees, according to reports.

IFC and PERU LNG Program Benefits Farmers in Peru
10 Mar 2010
IFC, a member of the World Bank Group, and PERU LNG have helped Agricola Viñasol, a member of their “ForPyme” social responsibility program in Cañete, Peru, obtain $250,000 from the Grassroots Business Fund to expand its presence and diversify its portfolio of agricultural products in local and export markets.

Chevron seeks to boost Angola’s economy in deal with USAID
10 Aug 2009
Oil giant Chevron Corp. will work with USAID and another group to support economic development in Angola.

Why Sustainability is Still Going Strong
12 Feb 2009
In the wake of the deepening economic crisis, many commentators are warning of the demise of corporate sustainability, the practice of balancing profit with the social and environmental impact of doing business. Companies obsessed with their own short-term survival, they suggest, cannot possibly support long-term, “feel-good” initiatives to protect the environment or invest in community development.

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EI Source Book: Section 5.4 Contracts and Licenses

The formal characteristics of contracts and licences matter, but the ways in which particular clauses reflect the risks and benefits of the acreage a government can offer are of crucial importance. Modern EI laws tend to give broad powers to governments to negotiate agreements with potential investors. In this way, negotiators are allowed to adjust terms to meet changing market conditions, weigh specific risks of new development areas and increase negotiating experience over time.

Please click here for accessing full section on the EI Source Book website.

EI Source Book: Section 5.5 Local Content

Most petroleum and mining laws require that international resource companies adopt some measure of preference for local goods and services. Apart from the direct benefits to stakeholders such as local businesses, entrepreneurs and communities through access to business opportunities and diversity of markets, access to capital, technology and productivity, there are wider benefits: increased employment and skills, increased domestic and foreign investment, technology and knowledge transfer from foreign companies, exports and foreign exchange and increased government revenues.

Please click here for accessing full section on the EI Source Book website.


Local Content Strategy: A guidance document for the oil and gas industry
IPIECA
This guidance document is based on IPIECA members’ efforts to develop good practice in managing local content. It is aimed at practitioners and other company representatives with responsibility for this objective.

Sourcing Locally for Impact
Fall 2011, Stanford Social Innovation Review
By mapping a company’s relationship to the economy in which it operates and by leveraging the relationships it discovers in that process, businesses can do much to advance their strategic objectives and advance local economic growth.

Developing a LPP and Defining Local: Newmont Ghana Perspective
Jun29, 2011, IFC Sustainability Exchange 2011

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Workshop on Community Investment in Francophone Africa
June 14 - 15, 2011
Dakar, Sénégal

As part of the knowledge sharing component of IFC’s Strategic Community Investment Program in Africa, the proposed regional workshop is designed to share IFC’s new business model on strategic community investment and newly developed tools to measure return on sustainability investments.

Financing Change. Changing Finance.
October 22 - 23, 2009
Cape Town, South Africa

In 2009, UNEP FI is proud to hold its first-ever Global Roundtable in the African continent, which will take place in Cape Town, South Africa from 22 to 23 October.

Extractive Industries Week- Improving Extractive Industries Benefits for the Poor
March 3 - 5, 2009
Washington D.C., USA

The objective is to facilitate the extractive industries’ contribution to poverty alleviation and economic growth through the promotion of good governance and sustainable development.

Ethical Supply Chain Summit 2008
October 16 - 17, 2008
Berlin, Germany

The Ethical Supply Chain Summit 2008 is the largest in a long line of ethical procurement and sourcing conferences run by Ethical Corporation.

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