Africa Can No Longer Be An Extraction Point For Foreign Economies - President Ramaphosa

AGOA Forum - Africa Can No Longer Be An Extraction Point For Foreign Economies - President Ramaphosa - South African President Cyril Ramaphosa delivered a groundbreaking speech at the US-Africa trade summit, Highlighting the transformative potential of American investment in Africa’s industrialization. Ramaphosa emphasized that this partnership could unlock Africa’s vast critical mineral resources, Steering the continent towards manufacturing and global trade, rather than being mere resource exporters. “Africa is an essential source of critical raw materials, but we refuse to be confined to the role of commodity producers,“ President Ramaphosa declared during the summit’s opening ceremony. The South African leader proposed that African nations should harness their abundant natural resources by retaining them domestically and processing them into valuable products for global consumption, A strategy that could enhance economic growth and reduce dependency on resource-exporting. President Ramaphosa expressed his optimism in the United States collaborating with African countries to catalyze an investment-centric approach, Diversifying international supply chains for critical minerals by beneficiation within the African continent. ▬▬▬▬▬▬▬▬▬ ✅SUPPORT US /AFFILIATE LINKS Use this affiliate link for your purchases at #MIZIZI International - Support our channel - PayPal: newafricachannel(at) Follow us on Instagram - Follow us on Twitter - Join us on Facebook - ▬▬▬▬▬▬▬▬▬ ✅COPYRIGHT DISCLAIMER The New Africa Channel doesn’t fully own some of the materials compiled in its videos. It belongs to people or organizations who ought to be respected. If used, it falls under the following provisions: Copyright disclaimer section 107 of the Copyright Act 1976. “Fair use“ is allowed for purposes such as criticism, comment, news reporting, teaching, scholarships, and research. ✅ If you are the owner of the materials used in this video, contact us, and we will follow your request immediately: info(at) ▬▬▬▬▬▬▬▬▬ ✅COMMENTING POLICY Keep your comments and posts appropriate, helpful, and relevant. Any offensive, disrespectful, harmful, threatening, vulgar, obscene, or inappropriate content will be removed immediately. Spamming, vandalizing, promoting, and advertising are also not allowed. While we encourage free speech and open discussion, attacking or harassing other users is not tolerated. Repeat violators of this policy will be reported and may face a ban. ▬▬▬▬▬▬▬▬▬ #AfricaNews #TopAfricaNews #News #NewsAfrica #AfricaNews