The role of private sector and other development actors in strengthening sub regional and regional cooperation in the development and utilization of mineral resource in Africa

Abstract

This paper focuses on the role which the private sector, and other related development actors, can play to strengthen cooperation so that Africa can realise its full potential in developing and utilising its mineral wealth. The paper describes the peculiar characteristics of mineral enterprises and their perception of Africa's mineral investment environment. The current roles of the private sector, and related development actors, are also reviewed. Their role in strengthening (sub)regional cooperation is discussed in terms of their potential contribution to developing Africa's human capital, technology improvement and influencing the policy environment. These areas are seen as the cornerstones of a thriving globally competitive African mineral industry.