Business
Who Exploits Industrial Metals in Sub-Saharan Africa?
Wednesday, March 19, 2014
A number of other countries in Africa play prominently into the world’s supply of industrial metals. Privatization has solved much of the corruption and mismanagement that came along with government-owned industry but has also sent much of the profit across oceans.
In what has been termed “resource nationalism,” there is a move in some African states to reclaim natural resources. While it is vital that the riches beneath the soil benefit local populations, pulling individuals out of poverty, providing healthcare and education, a balance must be struck that also ensures the mismanagement and corruption of massive state-owned enterprises is not repeated.
Copyright AFK Insider 2014
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