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Talk Africa: Africa scaling the value chain

Автор: CGTN Africa

Загружено: 2018-07-21

Просмотров: 2178

Описание: When it comes to natural resources, Africa is far from lacking.

The continent produces about 40 percent of the world’s gold, supplies 12 percent of its oil and is home to 60 percent of the global uncultivated arable land.

However, most of Africa’s resources are traded unprocessed.

When comparing with the tremendous wealth the finished products generate, very little benefit is brought to the continent, with more than 30 percent of its people still living in extreme poverty.

The question then is; is it possible for African countries to add value locally and export finished products?

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