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Africa is abundant with natural resources, including diamonds, gold, oil, natural gas, uranium, platinum, copper, cobalt, iron, bauxite and cocoa beans.
The list below shows some of the most important natural resources to human life and society — and the state in which they exist today.
Exploring the Natural Wealth of Africa. The African continent is home to an abundance of natural resources that include diamonds, gold, oil, natural gas, uranium, platinum, copper, cobalt, iron, bauxite, silver, and more. In this section we will explore many aspects of these resources.
Algeria, Angola, Cameroon, Chad, Republic of Congo, Egypt, Eritrea, Gabon, Ghana, Kenya, Libya, Nigeria, South Sudan, Sudan, Tunisia, and Mozambique are all rich in oil and gas. Proven oil reserves have grown by almost 150 percent, increasing from 53.4 billion barrels since 1980, to 130.3 billion barrels by the end of 2012.
Responding to a need, leveraging wealth, generating opportunity: an introduction to the African Natural Resources Center The African Natural Resources Center (ANRC) is a non-lending entity established by the African Development Bank (AfDB) to boost the capacity of African policy makers to manage natural resources for improved development outcomes.
Through the years these resources have been exploited by other countries including the United States, France, Canada and the United Kingdom for various practical applications. The natural resources in Africa are used practically in many industries and in many countries every day.