Africa’s mining industry is centuries old, and its outlook continues to be bright. The continent’s regional distribution of key minerals focuses precious metals in Southern, West and East Africa, iron ore in Central and West Africa, as well as phosphates in North Africa.
Chinese demand for African commodities and investments from the world’s second-largest economy continues to grow largely due to the Chinese attitude of limited political interference as well as value-added investments (eg the building of hospitals) associated with mining projects.
Resource nationalism – a drive to obtain more benefit from resources for local communities and governments – has also become more critical issue and is seen as a primary concern for potential mining investors.
The operational environment and political risk assessments included in this report identify Botswana, Ghana, Mozambique, Namibia, Tanzania and Zambia as very attractive destinations for mining investment. Other countries that also warrant consideration include Angola, Cameroon, the DRC, Kenya, Liberia, Mali, Rwanda and Sierra Leone.