Risk Mitigation and CSR in Africa: Striking a Balance

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The Banro Foundation
A Case Study in Corporate Social Responsibility
Risk Mitigation and CSR in Africa Striking a
Balance Toronto, October 22, 2009
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Banro Corporation Overview

• Four gold projects on one of Africas last
  undeveloped gold belts, in DR Congo
• Construction underway of Phase I gold project
  at Twangiza completion 2011- Q4
• Measured/Indicated resources of 6.72 M oz Au
  Inferred Resources of 4.46 M oz Au
• Pre-Feasiblity and Scoping Studies underway at
  Namoya Lugushwa

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Banros CSR Programs

• Creating capacity-building Jobs and
  Opportunities
• Investing in Community Development through the
  Banro Foundation
• Promoting Environmental Excellence and Workplace
  Health and Safety

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Creating Jobs Opportunities
Banros Commitment

• Hire and train locally whenever possible
• 35 geology graduates employed
• Jobs created directly for 190 Congolese
• Advanced on the job training programs
• Jobs created indirectly for several hundred
  Congolese
• Encourage local suppliers

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On the Job Training Programs
Exploration Manager Dr Howard Fall teaching
skills to Congolese geologists
Congolese employees on educational trip to mine
in Ghana
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Banro Foundation
A registered charity, funded by Banro and
operating in the DRC, with a mandate to support
education, health and infrastructure
improvements, principally in the communities
where Banro operates.
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Banro Foundation
Why it matters

• Local development needs are significant
• Banros commitments to communities, central and
  provincial DRC governments
• Investors demand effective CSR programs with
  accountability and quantifiable results
• Banro strives for excellence in all areas of
  business including CSR

The right thing to do
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Banro Foundation
Guiding Principles

• Priorities education, health and infrastructure
  projects humanitarian assistance
• Initiatives to be recommended by local community
  leaders
• Projects should benefit communities as a whole
• Maximize opportunities to generate local
  employment
• Banro provides governance, funding and materials

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Structure Processes

• Administration and technical services provided by
  full-time staff of 4 in Bukavu
• Foundation offices opened in Bukavu, Twangiza,
  Lugushwa, Namoya, with plans for two more offices
• Local Committees appointed at each project site
  and supported by paid BF secretaries
• Committees submit project proposals with budgets
  spending approved in Toronto
• Continuing challenge to ensure proper monitoring,
  accountability and reporting

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BF Community Structures
Namoya Committee Members
Twangiza BF Office

Namoya BF Office
Lugushwa BF Committee
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Support for Education

Gift of Clothing and School Supplies for Namoya
children
Delivering Potable Water
)
New Desks for Lugushwa school children


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HIV Awareness Book for High Schools
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Education - 2009 Achievements
Official Opening of the Naluhwindja Secondary
School - May 8, 2009
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Education - 2009 Achievements
Official Opening of the Saramabila Institute
Secondary School October 3, 2009
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Health Infrastructure

• New beds mattresses for the Namoya medical
  clinic, where major renovation is planned by
  Banro Foundation

New latrines for the Namoya medical clinic


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Modern Kitchen Facility for Luwindja Hospital
Existing Kitchen facility
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Health Care - 2009 Achievements
The New Kigumo Health Care Centre Official
Opening planned for November 2009
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Community Infrastructure

Delivering Potable Water to Village
Cheque for Twangiza water project
Rehabilitating Community Facilities
Ceremony for Womens Centre
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New and Rehabilitated Bridges
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Community Roads
Building the 35 kilometre Lugushwa - Tukenga Road
New Road to Mbwengo in Twangiza
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Infrastructure - 2009 Achievements
Official Inauguration of the the Luhwindja
potable water project serving 18,000 people
May 8, 2009
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Infrastructure - 2009 Achievements
Construction or rehabilitation of over 100
kilometres of community roads and bridges
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Humanitarian Initiatives
Distributing food at Bukavu orphanage. The
Foundation is repairing damage caused by 2008
Lake Kivu earthquake.
Humanitarian aid for a village damaged by fire
near Namoya
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Community Relations
International Womens Day
Awarding prize at Women's Soccer Tournament
sponsored by Banro
Namoya community leaders visit sample
preparation lab
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Inaugural Ceremony of Banro Foundation in Twangiza
Governor of South Kivu arriving for the
Inaugural Ceremony
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Inaugural Ceremony of Banro Foundation in Twangiza
Mwami of Burhinyi
Mwamikazi of Luhwindja
Governor of South Kivu Province
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Donation of used Clothes and gifts for Christmas
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Support for Women and Womens Issues

• Increasing Womens Participation
  
  
  25 female Banro employees in DRC 6
  in senior positions
• Encouraging female participation in local Banro
  Foundation committees
• Building Womens Resource Centre in Lugushwa
• Support for Panzi Referral Hospital, which
  treats female victims of sexual violence

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Government Relations
Congolese Minister of Mines visiting Twangiza
Project
South Kivu leaders on an education trip to the
Geita gold mine in Tanzania
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Building Partnerships With Local NGOs

• Catholic Church (BDD)
• Delivery of the water supply project in Twangiza
• Fondation Femme Plus
• HIV/AIDS education and testing of Banros staff.
  The BF is prospecting the extension of the
  activity to employees families and to
  communities
• Coopera
• rescue of a chimp from Namoya
• Planning an awareness campaign to educate people
  on endangered species protection

HIV sensitization in Namoya
Rescue of baby chimp Banro
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Building Partnerships with N.A. NGOs

• Partnership signed in February 2008 Needs
  assessment of communities completed May 2008
  need to define future reln
• BF has supported this NGO working with Congolese
  Jesuits to develop commercial medicines provide
  mobile health services possibly expand support
  with co-sponsorship of agricultural business in
  South Kivu
• Shipment of 20 ft container of medical equipment
  for 7 local hospitals/clinics in 2008
• BF sponsored health care initiative for animal
  protection staff at Liwro in 2008

Care International
BDA Foundation for a Sustainable Africa
David Smith Foundation
Canadian Ape Alliance
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Banro Foundation
Next Steps 2009 - 2010

• Commence new cycle of projects as recommended by
  community leaders
• Broaden focus to include agricultural, livelihood
  and job skills training strategies
• Work with other NGOs to implement a comprehensive
  and collaborative approach to community
  development
• Pursue opportunities for third party funding

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Banro Foundation
Our Vision
Sustainable development through primary education
and skills development, improving health care,
evolving infrastructure and encouragement of
local business leading to long-term, enhanced
opportunities and quality of life for local
Congolese communities.