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effects of mining to the economic development of africa

  • Mining and Economic Development

    The positive effect on welfare was predominant in the districts with large-scale mining operations, low-value minerals, and those that engaged in mining transformation …

  • Africa Review Report on Mining

    4. The report provides an overview of the significance of the mining sector in advancing Africa's sustainable development agenda. It outlines key emerging issues in the mining …

  • Critical Mineral Mining and Sustainable Development in …

    is essential to Africa's economic development and the realization of Sustainable Development Goal 7 (DG7) (Mutezo, and Mulopo 2021). ... effects and support community development initiatives. An example of a collaboration is the Social ... is growing interested in Africa's mining sector from BRIC countries (Brazil, Russia, India, and China). ...

  • AFRICA: the impact of mining on the environment | Afrik 21

    The mining industry, mainly focused on the extraction of minerals and metals such as iron, copper, cobalt, nickel and cadmium, degrades ecosystems and contaminates the environment. "Oil, silver, copper, or gold are found in rocks containing sulphide ores, which release sulphuric acid when crushed and exposed to air and water.

  • Crude oil exploration in Africa: socio-economic implications …

    Crude oil exploration is a source of significant revenue in Africa via trade and investment since its discovery in the mid-19th Century. Crude oil has bolstered the continent's economy and improved the wellbeing of the citizenry. Historically, Africa has suffered from conflicts due to uneven redistribution of crude oil revenue and severe …

  • The Local Economic Impact of Mineral Mining in Africa: …

    institutional contexts. We provide three key results on the local impact of mining. Firstly, mine openings, and in particular large mine openings have the potential to considerably increase urbanization, our main measure of economic development. Fur-thermore, mining also increases agricultural activities and material wealth in the local area.

  • Economic Development in Africa Report 2023 | UNCTAD

    Even with renewable investments in Africa soaring by a yearly average of 96% since 2000, the continent attracts a mere 2% of the global total. The report also highlights the potential in pharmaceutical and medical product supply chains. Africa provides 12% of global exports of vital minerals used by the medical industry.

  • The Power of Mining to Transform Development in …

    For mining companies, it means lower cost energy and improved competitiveness. For governments and utilities, it means more consistent revenues to …

  • The impact of disasters on economic growth in selected Southern Africa

    This is also supported by recent events of climate-related disasters that are intensifying in Southern Africa, with significant impacts on mining populaces, CI, environments and ecosystems. Disasters of all kinds reduce the real GDP per capita on impact and harm development (Díaz et al. 2020; Felbermayr & Groschl 2013). Their …

  • Economic Development, Trade, Tourism, Industry, Mining …

    Africa seeks a new financial landscape. February 17, 2024. Africa is committed to accelerate the establishment of its own financial institutions to address the existing challenges of the current global financial architecture that does not favor Africa's transformation and development needs.

  • Socioeconomic Impact of Mining on Local Communities in Africa

    In Mali, the. relationship is reversed, with migrants having better access. District-level analysis shows. very small insignificant effects on access to electricity in mining districts in all ...

  • How Mining Impacts the Economy in South Africa: …

    South Africa is one of the largest mining countries in the world, with a rich history of mineral extraction that dates back to the 19th century. Scribante continues to play a significant role in the country's economy, providing jobs, generating revenue, and contributing to international trade. The Positive Impact of Mining on the South African …

  • Liberia Overview: Development news, research, data | World Bank

    Liberia's current account deficit remained high in 2023, despite increased gold exports. The country's current account deficit increased to 24.4% of GDP, up from 17.7% in 2022. The increase in the current account deficit was driven by trade dynamics. The trade deficit worsened to 18.4% of GDP, from 11.8% in 2022, as growth in imports driven ...

  • Gold mining, climate change, and Africa's transition

    The value of that gold and its contribution to the GDP of those host countries has risen even faster. While global gold mine production has grown by 26 percent since 2010, in Africa it has risen ...

  • Mining and Economic Development

    economic growth impact.5 However, success in raising economic growth may not translate into success at the local economic level, and the existing pattern of spatial development is highly uneven in Africa. Mining projects may have few local economic linkages even though they contribute to higher levels of GDP, export earnings, and …

  • Small-scale mining, poverty and economic development in sub-Saharan

    Artisanal and small-scale mining (ASM)--low tech, labour intensive mineral processing and excavation activity--is an economic mainstay in rural sub-Saharan Africa, providing direct employment to ...

  • Socioeconomic Impact of Mining on Local Communities in Africa …

    This paper aims to inform Armenia's policy dialogue on environmental and social issues in the mining sector. The paper is based on the premise that for the mining sector to have positive, long-term impacts in Armenia, it is necessary to take into consideration the short- and long-term environmental and social impacts of the sector and to promote strategic …

  • The Local Economic Impact of Mineral Mining in Africa: …

    S. Provenzano & H. Bull The Local Impact of Mining in Africa In places with poor institutions, resource windfalls deteriorate institutions even further by increasing corruption and undermining the political process, resulting in a net nega-tive impact of resources on growth.3 The literature on the local economic impact of mining is relatively ...

  • [2111.05783] The Local Economic Impact of Mineral Mining in Africa

    Using state-of-the-art techniques in computer vision, we analyze one million satellite images covering 12% of the African continent between 1984 and 2019 to track local development around 1,658 mineral deposits. We use stacked event studies and difference-in-difference models to estimate the impact of mine openings and closings. The …

  • Mining in Africa

    The Africa Development Forum Series was created in 2009 to focus on issues of significant relevance to Sub-Saharan Africa's social and economic develop-ment. Its …

  • Colonialism and Economic Development in Africa

    We argue that in the light of plausible counter-factuals, colonialism probably had a uniformly negative effect on development in Africa. To develop this claim we distinguish between three sorts of colonies: (1) those which coincided with a pre-colonial centralized state, (2) those of white settlement, (3) the rest.

  • Mining's contribution to national economies between 1996 …

    In several low- and middle-income countries rich in non-fuel mineral resources, mining makes significant contributions to national economic development as measured by the revised Mining Contribution Index (MCI-Wr). Ten countries among the 20 countries where mining contributes most (highest MCI-Wr score) have moved up one or …

  • The impact of mining foreign direct investment on …

    The study established that foreign direct investment into the mining sector hurts economic growth in Ghana in the long run but a positive in the short run. The study also finds that private sector credit, capital. Goodness Aye, Agricultural Economics, University of Agriculture, Makurdi Benue State, Nigeria.

  • Social impact assessment in the mining sector: Review and comparison …

    Moreover, evaluating positive impacts and the contribution of the sector to the socio-economic development, taking into account both local and macro scale, is challenging. The reference list of social impacts of mining gathered in this study could be a starting point for the harmonization of indicators for the social sustainability assessment.

  • EXAMINING THE SOCIO-ECONOMIC IMPACT OF …

    intentions of the social and labour plans of the mining companies and the poor socio-economic development levels that exist on the ground where the mines operate in Amajuba District. The objectives of this study is to gain an understanding of the following areas of social and economic development as per the requirements of the Mineral and …

  • Critical Mineral Mining and Sustainable Development in …

    PAYNE INSTITUTE COMMENTARY SERIES: COMMENTARY. Critical Mineral Mining and Sustainable Development in Africa. By Mama Nissi Abanga Abugnaba. As a …

  • Corporate Social Responsibility and Development in South Africa…

    Socio-economic development must be addressed as part of companies' corporate social responsibility strategies, with BEE codes and other sector-specific charters providing a significant driver of CSI activity. In the mining industry, socio-economic development performance is a prerequisite for obtaining mining licenses.

  • (PDF) The Impact of Mining on the Ghanaian Economy: A …

    SD Dombo University of Business and Integrated Development Studies W a, Ghana. Phone: 0249307101. Email: [email protected]. ABSTRACT. This review examines the impact of mining on the Ghanaian ...

  • MINING, MINERALS, ECONOMIC DEVELOPMENT AND …

    A new approach requires a different way of governance. "The stakeholders in mineral development will do well when realising that a larger wealth pie means more benefits, even when sharing ratios decline. Governments in some of the Latin American countries grasped this winning recipe and were rewarded by unprecedented inflows of capital into ...

  • A systematic review of artisanal and small-scale mining: Impacts …

    Artisanal and small-scale mining (ASM) activities have contributed, in most cases, to the rural development of some African countries. Practically, these activities have influenced the environmental, health and socio-economic status. In essence, there is a need to investigate how these activities fuel poverty eradication in Africa. Here, a …