South Africa’s President Ramaphosa Joins Coup Leaders Against Exploitation Of Africa’s Resources
South Africa’s President, Cyril Ramaphosa, has added his influential voice to that of the new military leaders of Niger, Mali, Guinea, and Burkina Faso in condemning the longstanding exploitation of Africa’s raw materials by the West. In a recent address, Ramaphosa decried the mining and exportation of raw materials from Africa without any value addition, highlighting that it was partly responsible for the underdevelopment the continent struggles with. He also said that it was time for Africa to exclusively extract, add value to, and export its own resources so Africans could fully benefit from the continent’s immense mineral wealth.
President Cyril Ramaphosa’s recent comments addressing the exploitation of Africa’s resources by the West are significant and timely. Ramaphosa’s call for Africa to exclusively extract, add value to, and export its own resources underscores the importance of ensuring that Africans benefit fully from the continent’s vast mineral wealth. This issue is crucial because Africa has historically been a source of valuable raw materials, but the lack of value addition and control over the supply chain has hindered the continent’s development. By taking control of their resources, African nations can generate more revenue, create jobs, and reduce their economic dependence on foreign interests.
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