Africa has 10 per cent of the world’s known reserves of oil, 40 per cent of its gold, and 80 to 90 per cent of the chromium and the platinum metal group, to list only a few. But a number of commentators still refer to this wealth of natural resources and minerals as “Africa’s curse.” They associate the many wars, poverty and untold suffering of ordinary Africans to this abundance. It is true that the abundance of natural resources has been the catalyst for wars and conflict. But should an abundance of natural resources lead to Africa’s decline? The answer must surely be a resounding no...
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