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Unlock Africa’s mineral potential for local processing

Unlock Africa’s mineral potential for local processing

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-08-22 04:00:00

For the past 30 years, a few multinational corporations have dominated the mineral value chain, processing 99 percent of these minerals outside of Africa.  This control is so strong that African countries like Uganda or Democratic Republic of Congo have no influence over pricing or market access.

 Despite its mineral wealth, the African continent is one of the largest global recipients of foreign aid, receiving $1.2 trillion between 1960 and 2021, making it one of the largest aid recipients on the planet.

African nations have not benefited from local processing, streamlined…

Read the full article on Uganda Monitor

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