Mining in Africa – Towards 2020
Organisation: KPMG Africa
Publish Date: 2013
Country: Africa
Sector: Mining
Method: Forecasting
Theme: Investment
Type: Report
Language: English
Tags: Mining industry, Minerals, Exports, Chinese demand, Chinese investments, Trading partners, Growth potential, Regulations
Chinese demand for African commodities and investments from the world’s second-largest economy continues to grow largely due to the Chinese attitude of limited political interference as well as value-added investments (e.g. the building of hospitals) associated with mining projects. Resource nationalism – a drive to obtain more benefit from resources for local communities and governments – has also become more critical issue and is seen as a primary concern for potential mining investors. However, the fact remains that the largest buyers of Africa’s exported minerals have a positive economic growth outlook towards 2020, with China being a particularly bright prospect. The operational environment and political risk assessments included in this report identify Botswana, Ghana, Mozambique, Namibia, Tanzania and Zambia as very attractive destinations for mining investment. Other countries that also warrant consideration include Angola, Cameroon, the DRC, Kenya, Liberia, Mali, Rwanda and Sierra Leone.
Located in: Resources