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Africa’s Commodities Strategy; Value Addition for Global Competitiveness
Posted by Patricia Lumba on 03 September 2021 1:45 PM CAT
Africa has about 12% of the world’s oil reserves, 42% of its gold, 80%–90% of chromium and platinum group metals, and 60% of arable land in addition to vast timber resources. Africa experienced a commodity boom during the early 2000s translating into the continent’s unprecedented growth that was only disturbed by the onset of the global financial crisis of 2008. Download and read the full press release:
For further information please contact:
Doreen Apollos | Directorate of Information and Communication | African Union Commission | E-mail: ApollosD@africa-union.org
