Who profits from Africa’s gold?
African nations are seeking greater control over their gold resources as much of the industry's value is currently captured by foreign markets like the UK. Experts point to structural constraints, such as limited local refining capacity, as the primary reason for this economic imbalance.
Why it matters
Addresses the ongoing economic struggle of resource-rich developing nations to move up the global value chain.
African governments seek greater control over gold, but much of its value continues to flow abroad.
Focuses on systemic inequality and historical trade patterns that disadvantage developing nations.
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