When Will Africa Benefit From Its Own Mineral Wealth?
The logic behind beneficiation is that raw minerals don't, on their own, have high value added. Exporting them unprocessed means that they don't contribute that much to the economy. The idea of beneficiation is to capture more value from minerals by processing them locally before exporting them, writes Karolien De Bruyne, Ku Leuven and Wouter Bam in The Conversation.
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InFocus
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As part of efforts to expand the nation's refining capacity, the government has licensed 10 more modular refineries, bringing to 32, the the total number of licenses granted. Read more »
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More intra-African trade would also have crucial knock-on effects. Given that manufactured goods make up a much higher proportion of regional exports than those leaving the ... Read more »