Africa: $8.6trn Mineral Endowment Undeveloped in Africa – AFC
Africa hosts an estimated US$29.5 trillion in mine-site mineral value, representing about 20% of global mineral wealth, yet captures only a fraction of the economic value embedded in this endowment, a new study released yesterday by Africa Finance Corporation (AFC) has shown. Of this total, US$8.6 trillion remains undeveloped, reflecting an under-explored continent where fragmented…