Linkages, investment and diversification: harnessing mineral resources for Africa’s transformation

Abstract

The goal of AMDC’s linkages, investment and diversification work stream is to unlock the transformative potential of mineral resources to foster diversified, vibrant and globally competitive industrial economies in African resource-rich countries. AMDC’s linkages, investment and diversification work stream was established to address a number of key challenges highlighted in the Africa Mining Vision (AMV) and identified by African member States as requiring strategic support to unlock opportunities thus far under-explored. The work stream addresses economic, social, fiscal and knowledge barriers that prevent African countries from achieving the full potential of their mineral resources. Linkages between the African minerals industry and other economic and social sectors are generally not sufficiently developed, reflecting the industry’s over-reliance on extracting and exporting minerals with limited value addition to overseas markets.