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Originally published by The Standard Business
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May 6, 2026
1h ago

Africa's $29.5 trillion mineral wealth: The unsent invoice the world owes

Africa's $29.5 trillion mineral wealth: The unsent invoice the world owes

Africa holds $29.5T in minerals but captures little value as raw exports dominate; calls grow for beneficiation and fair pricing...

✨ Key Highlights

Africa possesses immense mineral wealth, estimated at $29.5 trillion, yet the continent reaps only a meager portion of its value, a situation likened to an individual selling gold by the bucket without understanding its true worth.

  • Africa holds 30% of the world's mineral reserves, including 40% of its gold and up to 90% of chromium and platinum.
  • The article highlights Africa's economic narrative concerning its vast, yet undervalued, mineral resources.
  • Global industries heavily rely on these minerals, while Africa captures a small fraction of the profits.

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