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Africa rewrites resource rules to capture more value

Efficient resource management in Africa enhances profitability and economic development.

African nations are fundamentally reshaping how they capture value from natural resources through sweeping legislative reforms that mandate local processing, increase state ownership, and ban raw material exports. Countries like Zambia now require domestic gemstone processing before export, while Nigeria’s groundbreaking 30% Value Addition Bill prohibits raw mineral exports until companies demonstrate local beneficiation plans, organizing individual artisanal miners into cooperatives to meet processing standards. South Africa’s 2025 Critical Minerals Strategy aims to transition from raw exporter to clean technology manufacturer, while Mozambique’s laws mandate 70% local sourcing for energy projects by 2027. This transformation is driven by high global demand for critical minerals like cobalt, copper, and lithium, giving African nations unprecedented leverage in negotiations with foreign firms.

Africa.com

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