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Weak governance, not minerals, hinders Africa's economic growth
Photo: The Africa Report
2026-07-25 13:57   Economy   10

Weak governance, not minerals, hinders Africa's economic growth

Africa holds vast mineral reserves crucial for the global green transition, yet communities face poverty and conflict due to poor governance.The article argues that the real issue is not the minerals themselves but how they are managed.

Examples like Norway's sovereign wealth fund and Botswana's diamond-driven development show that strong institutions can channel resources into public goods.However, weak governance in countries like the DRC and Guinea leads to inequality, environmental harm, and conflict.The text emphasizes the need for transparency, community involvement, and institutional reform to ensure mineral wealth benefits all.Solutions include publishing mining contracts, tracing royalties to tangible projects, and formalizing artisanal mining.

The High-Level Conference on Governance, Critical Minerals and Conflict in Africa aims to address these challenges, highlighting the critical role of governance in shaping Africa's future.

Full reading at The Africa Report

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