BETTER GOVERNANCE AND SMARTER INVESTMENT NEEDED TO BOOST AFRICAN MINERAL PRODUCTION, CONFERENCE TOLD

BY DAVID HAWORTH, IN BRUSSELS SOLVING corruption and mismanagement problems in the African extractive industries would be boosted by the mandatory disclosure by companies of tax and revenue payments, a Brussels European Union (EU)-Africa conference on mineral wealth heard yesterday. The continent's paradox is that many of its nations are rich in mineral resources yet they remain some of the world's poorest economies. Delegates agreed that Africa is still poorly surveyed although the mineral resources so far discovered have been excellent in quantity and ...


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