Foreword

Africa is endowed with huge untapped renewable and non-renewable natural resources that account for about 30 per cent of the global supply of mineral resources and 8 per cent of the world’s stock of oil reserves. These resource endowments present both opportunities and challenges to promoting sustainable development on the continent. Today, more than 70 per cent of total African exports derive from the oil, gas and mineral sectors, which account for about half of Africa’s gross domestic product and contribute significantly to government revenues. Resource revenues represent on average about 40 per cent of domestic public revenues in Africa.

Sustainable Development Goals:

No Poverty

Decent Work and Economic Growth

Reduced Inequalities