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Maroc Maroc - WN.COM - Africa - 09/Feb 18:39

Africa's $29.5 trillion mineral wealth: Unlocking economic potential

Africa's youthful population and the global energy transition will mean massive demand for Africa's minerals in future, but the dysfunctional economy of the industry on the continent will need to change. This was according to speakers at the Mining Indaba conference that started in Cape Town on Monday, and with over 10 500 delegates and speakers attending, it was the biggest event of its kind - the Mining Indaba has been held in Cape Town for over 30 years. African Finance Corporation (AFC) President and CEO Samaila Zubairu said Africa's mining economy hosts some $29.5 trillion in on-site mineral value, representing 20% of the world's global mineral wealth, yet the continent captures only a...

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