Africa

Details

  • Industry: Energy & Natural Resources, Mining
  • Type: Survey report
  • Date: 7/22/2013

Mining

KPMG’s mining professionals assist organisations through all stages of the mining project lifecycle, from exploration through to production.

Mining in Africa towards 2020 

The largest buyers of Africa’s exported minerals have a positive economic growth outlook towards 2020, with China being a particularly bright prospect
KPMG China Africa exported minerals
Download Now
PDF files require Adobe Reader to view

Key points:


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.

 

Share this

Share this

Contact

Contact

Wayne Jansen
Global Head of Mining

Tel: +27 (0)11 647 7201
wayne.jansen@kpmg.co.za

 Latest articles & publications