Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Mineral commodities would become less relevant to the development of African countries in the long term as they diversified their economies away from raw resource extraction, said local mining consultancy The MSA Group MD Keith Scott during a panel discussion at research and investment advisory firm Frontier Advisory’s 2015 Africa Outlook conference, held in Johannesburg last month. Fellow panellist and fleet management services provider Skais SPRL MD Salim Dewji concurred with Scott, adding that African countries that could not decouple themselves from commodity dependency would find 2015 very challenging. “If countries like Angola can stop depending on oil and focus. . . on increasing trade with neighbouring countries, such as the Democratic Republic of Congo (DRC), there are incredible opportunities to be had,” Dewji asserted.
Mineral commodities would become less relevant to the development of African countries in the long term as they diversified their economies away from raw resource extraction, said local mining consultancy The MSA Group MD Keith Scott during a panel discussion at research and investment advisory firm Frontier Advisory’s 2015 Africa Outlook conference, held in Johannesburg last month. Fellow panellist and fleet management services provider Skais SPRL MD Salim Dewji concurred with Scott, adding that African countries that could not decouple themselves from commodity dependency would find 2015 very challenging. “If countries like Angola can stop depending on oil and focus. . . on increasing trade with neighbouring countries, such as the Democratic Republic of Congo (DRC), there are incredible opportunities to be had,” Dewji asserted.
No comments:
Post a Comment