Mineral development in Africa in the context of the global and African political and economic environment

Abstract

This document contains a global review of the economic environment surrounding the development of non-fuel mineral is provided with a view to underlining the need for alternative ways for the sustainable development of mineral resources in Africa. The political and economic environment surrounding the continent mining industry prior to and after the cold war is provided, together with new policies African governments have or are in the process of introducing to attract private investment n the mining industry. Policies for the integration of the African mining sectors with others economic sectors sub regional and regional levels as contained relevant economic integration treaties are reviewed. The role of minerals in sustainable development s emphasized together with some essential elements for sustainable development as contained in Rio Declaration on Environment and Development and Agenda 21. Taking into account the present status of mineral development in Africa, some proposals are advanced on the activation of the African mineral industries to enhance the sustainable development of the African region.