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Alex Ar [27]
3 years ago
10

Compare Africa’s wealth to the rest of the world.

History
1 answer:
castortr0y [4]3 years ago
4 0

Answer:

  • Africa is blessed with a rich bounty of natural resources. The continent holds around 30% of the world's known mineral reserves. These include cobalt, uranium, diamonds and gold, as well as significant oil and gas reserves.
  • Over the period 2000 to 2008 resource extraction contributed more that 30 percent of Africa's GDP, while the annual flow of foreign direct has investment into Africa increased from $9 billion to $62 billion.
  • Africa has been drawn a little benefit from this mineral wealth and remains one the poorest continents on the globe, with almost fifty per cent of the population living on less than $1.25 per day.

                                         

                                 <u>Hope this has helped you !</u>

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