2012-11-22 Africa's Natural Resources
    2012-11-22 12:48:09     CRIENGLISH.com         Web Editor: luyuan





 

Africa is endowed with a rich bounty of natural resources. In a world whose appetite for resources grows by the day, Africa is attracting global attention as well as investments into its raw materials sector. But one should not take for granted that Africa is better off with all the resources that it sits on. Based on a report by the European Centre for Development Policy Management, many African countries are suffering from a resource curse, meaning that their rich resources have not been translated into tangible improvements in the standards of living of the local people.

So, how can African countries make natural resources work for development? And how can Africa make its resource exploitation more sustainable?

Ni hao, you're listening to  People In the Know, bringing you insights into the headline news in China and around the world, I'm Zheng Chenguang in Beijing.

We speak to Isabelle Ramdoo, Policy Officer Trade & Economic Governance at the European Centre for Development Policy Management and author of the paper "From Curse to Purse: Making Extractive Industries Work for Development." and Bob Wekesa, Former editorial director of Kenyan "Today" newspaper and communication researcher at Communication University of China.

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